Lundbeck restructuring European sales force

H. Lundbeck A/S (CSE:LUN) will restructure and reduce headcount in its European commercial organization by about 600 (30%) to about 1,200. The cuts will primarily affect sales representatives who target general practitioners. Lundbeck said it wants to reduce commercial costs, citing increased pressure from healthcare reforms, generic competition and uncertainty regarding pricing and reimbursement in Europe. ...