Novartis has announced plans to reduce its workforce in Switzerland and the UK by a net 2,100 over four years as it shifts away from the production of high volume pharmaceutical products to personalised medicines such as gene therapies. The shift represents a focus on higher-value specialised products.
Among the activities that will be curtailed is the production of active pharmaceutical ingredients at a plant in the UK. Novartis plans to divest or close the manufacturing site in Grimsby which currently employs just under 400 people.