Article: SEATTLE SCIENCE LAB IS MOVING TO NEW JERSEY BRISTOL-MYERS PLANS CONSOLIDATION.(Business)

The Seattle operation of the Bristol-Myers Squibb Pharmaceutical Research Institute, the original research lab of Seattle's first biotech company, is moving to Princeton, N.J.

Bristol-Myers Squibb, based in New York, said yesterday it is offering to relocate 140 of its 240 Seattle employees to New Jersey. Peter Ringrose, the new president of the company's research arm, flew out from Princeton and broke the news to Seattle employees yesterday.

Those offered jobs in New Jersey have to decide by June 15 whether to move, and would have to move this summer. The offer is being extended to the scientific staff in immunology and bioprocess R&D, and to a handful ...

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