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Sanicare: mail order pharmacy is insolvent

The mail order pharmacy Sanicare (Revenue in 2011 of EUR 216 million) is insolvent. As of yesterday, decisions regarding the estate of the recently deceased owner Johannes Mönter can now only be made with the consent of the temporary administrator. This news emerged...

Restructuring to cause 900 job losses

As part of its reorganisation, French pharmaceutical company Sanofi (with 105,000 employees worldwide) plans to cut 900 jobs by 2015 in France. The restructuring will take place in the research and production of vaccines. Unions fear far more layoffs and are...

Carl Zeiss Meditec: year outlook confirmed

The medical technology provider Carl Zeiss Meditec has reaffirmed its sales and margin targets for the current fiscal year 2011/12. Accordingly, the company aims to increase, on an annual basis, its total sales from EUR 830 to 860 million. It is also expected that in...