Sunday, May 11

Elan closing New York, Tokyo offices; cutting jobs

Elan shutting down 2 offices, cutting jobs as it realigns operations to focus on research

NEW YORK (Associated Press) - Biotechnology firm Elan Corp. said Friday it is closing its offices in New York and Tokyo during the first quarter as it realigns operations.
Elan said it will eliminate an unspecified number of positions and revise its marketing activities for Tysabri as a treatment for Crohn's disease.
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