Vertex Will Cut 370 Jobs, Repay Tax Credits From Mass.

Vertex will cut 370 jobs, repay tax credits from Mass.
Much of Vertex's hiring in recent years has been tied to promoting Incivek, considered a pioneering treatment for the hepatitis C virus. Despite the Incivek setback, Vertex leaders took pains to stress that their mission of building a sustainable …
Read more on Boston Globe

Regeneron grows and celebrates success
To keep the company's expansion in New York, the state has approved $ 8.5 million in Excelsior Jobs Program tax credits for the jobs-creating project. The Town of … While state officials did not disclose other locations eyed by Regeneron, the company …
Read more on Westfair Online

NJ's youngest medical marijuana patient gets her turn
… 670 have selected the Egg Harbor "alternative treatment center" as their dispensary. Greenleaf Compassion Center in Montclair, which opened in December, has served about 140 patients, creating a bottleneck for people eager to buy the drug legally.
Read more on The Star-Ledger – NJ.com

Merck 3rd quarter earnings beats estimates but revenue falls again
The company employs 8,500 people in New Jersey. Earlier this month, Merck said … Drugmakers have been cutting expenses, research programs and positions to focus on creating new drugs, as well as selling or splitting off non-pharmaceutical businesses.
Read more on The Star-Ledger – NJ.com