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Talecris Biotherapeutics announced that it will add 259 jobs as part of a $269 million expansion of its manufacturing facility in Clayton, NC. The RTP-based biotech company already employs more than 3,000 people world wide (2000 in the Raleigh-Durham area and 1,500 in Clayton) and plans to use the 259 new hires to staff its newly expanded manufacturing facility at the Clayton site. The jobs being added will have an average annual salary of $51,066, excluding benefit substantially higher than the salaries of other non-biotech employees in the area.

The company manufactures and sells Prolastin an FDA-approved protein therapy, delivered via a plasma infusion, for patients who have alpha1-antitrypsin (AAT) deficiency, which can lead to emphysema. Talecris, was formed in 2005 when private equity firms Cerberus Capital Management and Ampersand Ventures purchased Bayer AG’s plasma division for $300 million. The company was sold last year to Australia’s CSL, Ltd last year for $3.1 billion and raised $950 million in an initial public offering of stock on this past October.

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It was only a matter of time after J & J launched its health channel on YouTube two weeks ago, that other pharma companies would begin to post videos on video-sharing sites. As a general rule, nobody in pharma wants to be first but after the first company takes the plunge, nobody wants to be left out or behind. Therefore, it came as no surprise when late last week, GlaxoSmithKline (which has a tendency to be second-to-market with competing products), launched a beta version of it so-called GSKCIC channel on You\Tube.

 According to a post on the Pharmalot blog, so far there are only two videos on the channel. One describes the company ongoing commitment and fight against disease in the developing world (ironically, the video ends prematurely).The second, which is full length, features CEO Andrew Witty telling us about his career at GSK (which began in 1985 as a management trainee) and how GSK is looking for a few good employees who “like a good challenge.” Curiously, the day after the Witty video appeared on YouTube, GSK announced that it was laying off about 90 workers or 10% of its work force at its manufacturing plant in Zebulon, North Carolina. A company spokesperson said that more cuts are expected at the North Carolina facility.

Maybe someone at GSK ought to tell its CEO that the company isn’t hiring at the moment?????????

Hat tip to Ed at Pharmalot!

Until next time….

Good Luck and Good Job Hunting!!!!

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The Avandia debacle is still ravaging the employee ranks at GlaxoSmithKline especially at its Research Triangle Park, North Carolina and in Philadelphia locations. According to a post at Pharmalot, the UK-based drug manufacturer is cutting as many as 350 jobs (2.0% of its workforce) at both locations. This represents an almost 40% reduction in drug discovery and development activities that take place at both sites.

These cuts come after GSK closed a factory and drastically cut its sales force late last year. To make matters worse (particularly for those folks who lost their jobs) GSK purchased an early-stage drug discovery company called Sirtris Pharmaceuticals for about $720 million earlier this year. Clearly, company executives have more faith in external rather than internal drug discovery at GSK.

The saga continues……

Until next time

Good Luck and Good Job Hunting (forget North Carolina)!!!!!

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