Amgen Inc. told workers Wednesday it will reshape its R&D unit, which could mean big changes for the biotech company’s South San Francisco operations.
A spokeswoman for Thousand Oaks-based Amgen (NASDAQ: AMGN) said the world’s largest biotech company is “evaluating some changes within our research and development organization to improve focus and to reallocate resources to key pipeline assets and activities,” according to the Ventura County Star.
Amgen said it would give more details on the shakeup when it reports its third-quarter financial results on Oct. 24.
The changes will cut across all of Amgen's R&D operations in the United States and the United Kingdom, a spokeswoman told the San Francisco Business Times, but she wouldn't provide detail about the moves.
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