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Patheon Continues Restructuring Program

Announces layoffs, will take charges on Swindon wind-down

By: Gil Roth

President, Pharma & Biopharma Outsourcing Association

Patheon has announced plans to reduce the scale and scope of business at its Swindon, UK facility. The move is part of the company’s ongoing corporate transformation strategy, which is intended to “enhance capacity utilization, focus capital investments on its core business, and accelerate operational excellence programs to increase efficiency, meet customer needs, and improve its cost structure,” according to a Patheon statement. The company plans to take a charge of approxima...

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