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At least 56 drug firms based in Massachusetts (or with operations here) have made layoffs or closed in 2023 through September, according to Dan Gold, president of Fairway Consulting Group, a life sciences recruiting firm. But the drumbeat of layoffs in 2022 has only grown louder this year. He estimated U.S. Absolutely.”
This is due to the regulatory requirements imposed on parallel imported medicinal products in various Member States, the fulfilment of which often requires repackaging. Repackaging a medicinal product… means that the trademark is reapplied by an entity other than the trademark proprietor.”
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