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Shapiro, in his remarks to state legislators, called the life sciences industry an area where Pennsylvania is poised for "explosive" innovation and growth.
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The company's leader pointed to “very limited manufacturing capabilities for these products” and financial challenges as reasons for the cuts.
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It would be the first change at the top in nearly eight years.
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The bigger plan could include a broader build out as the San Antonio institute grows its global reach.
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The cuts come as drug makers, including those based in the Bay Area, try to determine what Trump's various policy moves and executive orders mean for the industry.
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Changes include establishing a president for a new business line, a new chief operating officer and new chief growth officer. All of the positions will report to CEO Dana Erickson.
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In a statement today, CMS confirmed that Elon Musk and the Department of Government Efficiency (DOGE) has been given access to CMS payment systems: CMS has two senior Agency veterans – one focused on policy and one focused on operations – who are le
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Medical aesthetics and research company Elevai Labs Inc. currently makes skin care products with stem-cell growth factors that are used in medical aesthetics treatments, and it is developing drugs to help people using diabetes weight-loss drugs reta
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