Boehringer Ingelheim Cuts Connecticut Jobs After Sales Fall

Boehringer Ingelheim will lay off an unspecified number of Connecticut employees as the German pharmaceutical company makes changes in its workforce following a sales decline and other troubles.

The News-Times reports that the privately-held company would not say how many local workers will be affected. Spokeswoman Erin Crew said the reduction would affect fewer than 5 percent of the local workforce, or less than 90 workers of the local labor force of 1,800.

Boehringer Ingelheim reported a 5.4 percent decline in sales of prescription medications for the first half of 2014, citing continued challenges, including health care reform and a settlement over Pradaxa, its blood-thinning drug.

The company agreed in May to pay $650 million to settle state and federal lawsuits questioning the drug's safety and marketing.

 

Copyright AP - Associated Press
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