Lean­ing on BD to re­vive weak pipeline, Lund­beck plans to cut up to 160 jobs in R&D re­struc­tur­ing

Dur­ing Lund­beck’s earn­ings call in mid-May, Jo­han Luth­man, the EVP of R&D, was asked a point­ed ques­tion hint­ing at the mul­ti­ple set­backs his be­lea­guered group has faced:

Jo­han, now you’ve been at Lund­beck for a year, so are you sat­is­fied with de­vel­op­ment that you have seen par­tic­u­lar­ly on the in­ter­nal de­vel­op­ment of projects? Do you think that you are re­spon­si­ble for a pipeline which can live up to the as­pi­ra­tion of cre­at­ing a sus­tain­able growth com­pa­ny?

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