INDIANAPOLIS, June 29 (UPI) --
Indiana's Eli Lilly
& Co. has notified various European labor groups that it may close as many as three facilities.
The pharmaceutical giant said it may close research facilities in Belgium and Germany and a British factory to cut development costs from $1.1 billion per drug to $800 million per drug, The Wall Street Journal reported Thursday.
About 900 people could be out of work if all the facilities are closed.
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