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Schering-Plough
Announces Cost-Cutting Program
April
2, 2008--In the wake of the
Vytorin
setback, Schering-Plough has announced a cost-cutting program
that aims to save $1.5 billion per year. Among the cost-cutting
measures being undertaken, the company said it will reduce its
number of plants globally and cut its sales and marketing and
R&D spending. Reuters
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