The traditional HR Business Partner (HRBP) model, once the gold standard for HR delivery, is undergoing a significant transformation. Many organizations, particularly in industries like pharmaceuticals, are moving towards a more agile resource model, aiming to streamline HR operations and…
BUSINESS
Sumitomo’s Group Sales Halve in Q1 as Latuda LOE in US Takes Toll
Sumitomo Pharma’s group sales in the first quarter of FY2023 tanked by over 50% year on year as the loss of exclusivity of its flagship antipsychotic agent Latuda (lurasidone) in the US wreaked havoc on its earnings. In April-June, the…
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