Schering-Plough Will Combine Two Labs
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From Bloomberg News
Schering-Plough Corp., the drug maker struggling to return to profit after two years of losses, said it would combine two California laboratories to create a single unit for discovering biotechnology treatments.
All 47 employees at the San Diego location will be offered positions in the Palo Alto laboratories, where the new unit will be based, the Kenilworth, N.J.-based company said.
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