UniQure to cut up to 25% of Staff

http://www.uniqure.com/investors-newsroom/press-releases.php

uniQure expects to realize €5 to €6 million of annualized cost savings

 in personnel and other related operating expenses as a 

result of the elimination

 of approximately 50 to 60 positions, or 20% to 25% of global headcount,

 by the end of 2017. Additionally, the Company expects to

 further reduce planned 

operating expenses by €11 to €15 million over the next two years through

 the focusing of its pipeline. Based on its strong cash position

 and the above actions,

 uniQure believes its existing cash resources will be

 sufficient to fund operations into 2019