C1 Biotech Companies to Merge Biogen and Idec Pharmaceuticals announced a merger that appears to be an effort to cut costs and broaden product pipelines.
The investment will expand manufacturing capacity, expand local research and development facilities, and build the company's sales force to broaden product distribution.
Xiaomi's retail stores — available online and in physical manifestations — have also opened doors to third-party brands in an effort to broaden product selection.
The staff reductions come just ahead of a forthcoming product announcement due in a few weeks, as well as further efforts aimed at broadening SOLS' product offerings, says co-founder and CEO Kegan Schouwenburg.
In combining with Schering-Plough, Merck broadened its product portfolio and greatly bolstered its research pipeline.
In addition, the Italian firms have broadened their product ranges, moving beyond leather into fabric upholstery and making accessories too.
During this period, Lightolier substantially broadened its product offerings and acquired facilities across the United States and Canada, including the company's current headquarters in Fall River, Massachusetts.
In the early 1880s, A.& P. broadened its product line and began selling sugar, baking powder and canned goods, branding some as its unique offerings.
Building on its strengths in fertility, neurology and metabolism, the company broadened its product base to include drugs for multiple sclerosis and the wasting syndrome associated with AIDS, and now gets three-quarters of its sales from recombinant products.
Samsung and LG have now broadened their product portfolios," while they gain some protection from the global downturn by the weakness of the South Korean currency, the won, he added.
