Eli Lilly and Boehringer Ingelheim are cutting back on planned investments in Germany in response to a new government healthcare initiative, representatives for the companies told Fierce. | In response to a planned healthcare reform initiative in Germany that would reduce the prices of branded drugs, Eli Lilly and Boehringer Ingelheim have slashed their planned investments in the country, each by at least $1 billion.

More biopharma layoffs are hitting New Jersey, this time from Merck & Co.in the latest phase of headcount reductions attributed to its $3 billion cost-cutting plan announced last…

Alzey/Indianapolis (dpa) - Der US-Pharmakonzern Eli Lilly will wegen der Sparpläne der Bundesregierung im Gesundheitswesen eine geplante Milliardeninvestition in einen neuen…