Passing GSK China will lay off a large number of people: after the bribery incident, the business office freezes

Recently, GlaxoSmithKline’s former employees disclosed to reporters that GlaxoSmithKline (GSK) will be laid off in China. The company has notified the video conference in a certain range on January 14th. However, the specific layoffs are still unknown. A number of people familiar with GSK also said they heard the news. However, GlaxoSmithKline China responded to Nandu. "We have not scaled down the team. In fact, we will hire more employees to meet the company's future business development needs."

I have resigned a few hundred medicines last year.

GlaxoSmithKline’s former staff revealed to reporters that the company had notified the extent of the video conference on January 14th. It is worth noting that from March to June last year, GSK China has carried out several layoffs internally, and hundreds of medical representatives have left. At the end of May last year, some of the resigned medical representatives also brought GSK China to court.

In addition, according to a notice issued by GSK a month ago, the company plans to lay off 900 people in 2015, of which 350 people will be laid off in the first quarter, and 450 people will leave the company in the second quarter. GSK declared at the time that it has already New jobs were prepared for a total of 450 retired employees; in addition, when finalizing the agreement with Novartis, GSK had signed a restructuring plan with CRO Parexel to accommodate thousands of employees.

After comprehensive reports from various parties, the reporter found that the main targets for layoffs are sales and marketing. But the R&D business has not been spared. When the company announced a $1.6 billion layoff plan in early 2014, it was at the expiration of GSK's heavyweight product, the Shuli Die patent. Although the asthma drug's inhalation equipment is extremely difficult to replicate and competing product development is slow, the decision from the drug welfare management agency directly pushes Shuli Die to the edge of life and death: In 2014, the largest PBM company in the United States quickly put Shuli Die Kicked out the reimbursement catalogue and said that in order to return to the catalogue in 2015, GSK must sell the drug at a discount. Coupled with the competitive pressure of similar products, GSK decided to cut the strength of its respiratory drug research and development: its R&D center in the Triangle Pioneer Park in North Carolina will be cut, and it will consolidate its research and development in Philadelphia, USA and Stevenage, UK. The power of the center.

China business is at freezing point

In China, GSK’s business in China has been at a freezing point since the bribery incident in mid-2013. In addition, the impact of generic drugs in China has made GSK even worse. Shi Lichen, a senior medical partner of Peking University, told reporters: "After experiencing the bribery of GSK, its past marketing model has been hit hard and costly. In the future, after the patent drug expires, it will face more difficulties. Over time, Generic drugs produced by Chinese local companies will have an impact on them at a low price." Previously, Lin Jianning, director of the CFDA Southern Medicine Economic Research Institute, also said that the competition of generic drugs often caused these multinational pharmaceutical giants to fall into the embarrassing situation of improving sales and improving profits.

At the end of the patent drug expiration, GSK's new patent application has been delayed. It is reported that since the abolition of the patent for the new drug "Rosiglitazone" in August 10th this year, GSK faces another patent problem in China: the patent application for the new hepatitis B drug "Adefovir" started as early as 4 years ago. It has not yet been approved, and more than 10 companies in China are in the process of developing the drug. Two of them have submitted patent applications to the State Intellectual Property Office, and some manufacturers have been approved to enter Phase II clinical trials.

GSK can be described as a hostile enemy. Due to the influence of the Chinese market, the company's revenue in the first three quarters fell sharply, lower than market analysts' average expectations.

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According to a notice issued by GSK a month ago, the company plans to lay off 900 people in 2015, of which 350 people will be laid off in the first quarter, and 450 people will leave the company in the second quarter. GSK announced at the time that it has been 450 employees left their jobs to prepare for new jobs; in addition, when finalizing the agreement with Novartis, GSK signed a restructuring plan with CRO Parexel to accommodate thousands of employees.

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