Mayo Clinic closes clinical trials unit, cuts jobs
Mayo officials announced they would close the 100-person Mayo Clinical Trial Services because of anticipated future losses and a change in business strategy.
They said the clinical trials unit is no longer accepting new contracts and that 30 employees' jobs will end immediately. Another 27 positions will be eliminated in 2009.
Mayo officials said they hope most of the laid-off employees will find jobs with the Department of Lab Medicine or elsewhere in the Mayo system.
Clinical Trials Services, launched in 1991, performs scientific product testing under contract for drug companies, medical device makers and other biotechnology firms.
The unit will fulfill all current contracts that extend until 2010.