AstraZeneca Warns of UK Job Cuts

This is a news story, published by Guardian, that relates primarily to Department for Environment news.

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Guardian

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AstraZeneca ‘said it could cut UK jobs’ if biodiversity drug levy is introduced

Summary

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86% Informative

British -Swedish biotech company made $ 5.96bn ( 4.59bn ) profit last year .

AstraZeneca made the comments during a Department for Environment , Food and Rural Affairs roundtable meeting last week to discuss a proposed new global levy on drugs derived from the digital forms of biodiversity.

The genetic codes of nature are playing a growing role in new drug development in the pharmaceutical and biotech industries.

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