Australia-listed CSL, which has a significant portion of its business in the U.S., announced its intention to simplify its ...

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Australian biotech CSL, the country's fourth-largest company, said on Tuesday it would spin off its vaccine division and shed about 3,000 employees as it reels from "unprecedented volatility," sending ...

Australian biotech firm CSL said on Tuesday it would spin off its influenza vaccine division and would cut up to 15% of its workforce as part of a strategic overhaul, sending its shares tumbling 11%.