Breaking News

Grifols Restructures in an Effort to Save $427M Annually

To lay off approximately 2,300 employees, most of whom are in the U.S., with approximately one-third located in Spain.

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Grifols announced a comprehensive operational restructuring plan designed to reinforce its competitiveness and build a more streamlined, efficient and cost-effective global organization. Under the initiative, Grifols aims to significantly reduce its cost base, improve operational cash flow, drive financial performance, and create a more agile and effective operating model.   The plan focuses on three major areas: optimizing plasma costs and operations, streamlining corporate functions, and enh...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters