Australian biotech giant CSL Ltd. said it will spin off its Seqirus vaccine business into a separately listed company as part of a restructuring that will reduce its workforce by as much as 15% and ...

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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%.

CSL also said it would restart a multi-year share buyback program from FY26, beginning with A$750 million. Chief Executive ...

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Australian biotech giant CSL Ltd on Tuesday announced plans to demerge its influenza vaccine division, CSL Seqirus, and said it will lay off up to 15% of its workforce, after reporting a strong growth ...