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NOVARTIS CUTTING 60 MORE CHIRON JOBS

June 21, 2006

Pharmaceutical firm Novartis AG will lay off 60 more Emeryville employees this month as part of a larger reduction of former Chiron Corp. staff. Novartis' acquisition of Chiron, which was valued at about $5.4 billion, closed April 20.

San Francisco Business Times (http://sanantonio.bizjournals.com/sanfrancisco/stories/2006/06/19/daily16.html)