|
|
Article: TARGETED GENETICS CONTINUES CUTBACKS TO CONSERVE CASH.
- Article from:
- BIOWORLD Today
- Article date:
- December 18, 2002
- Author:
CopyrightCOPYRIGHT 2002 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Aaron Lorenzo, Staff Writer
Targeted Genetics Corp. is cutting more than half its work force as part of a business strategy adjustment to extend its current operating capital for at least another year.
The company said it gave 67 employees a 60-day notice, after which Targeted Genetics will have a headcount of about 50. Included in the reduction is Targeted Genetics' plan to close its facility in Sharon Hill, Pa., acquired as part of its August 2000 purchase of Genovo Pharmaceuticals Inc. But the staff cutbacks will be felt across the company, which just four months ago went through a round of job cuts. At the time, Targeted Genetics lowered ...
Related newspaper, magazine, and journal articles:
|
|
Article: MEGABIOS, GENEMEDICINE AGREE TO `STRATEGIC MERGER' THAT POOLS ...
BIOWORLD Today;
October 27, 1998 ;
700+ words
... ... percent, or $0.281. McGraw told BioWorld Today the move is one of the few "strategic ... into GeneMedicine," Weintraub told BioWorld Today. "This merger allows us to simplify ... up relatively early," Waldron told BioWorld Today. "This merger announcement is the ...
|
|