uniQure expects to realize €5 to €6 million of annualized cost savingsin personnel and other related operating expenses as aresult of the eliminationof approximately 50 to 60 positions, or 20% to 25% of global headcount,by the end of 2017. Additionally, the Company expects tofurther reduce plannedoperating expenses by €11 to €15 million over the next two years throughthe focusing of its pipeline. Based on its strong cash positionand the above actions,uniQure believes its existing cash resources will besufficient to fund operations into 2019
Tuesday, November 15, 2016
UniQure to cut up to 25% of Staff
http://www.uniqure.com/investors-newsroom/press-releases.php
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment