Nestle plans to ax hundreds of R&D staffers, shutter big dermatology campus
Three years after Nestle paid $3.6 billion to acquire full control of Galderma, they’re taking an ax to one of its big drug R&D campuses.
Billed as the largest R&D campus devoted to dermatology, the company is planning to cut up to 450 of 550 research positions at Galderma’s Sophia Antipolis R&D center near Nice as the company transitions to a new R&D model that relies on more development partnerships.
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