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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Cellectis SA announces restructuring plan and job cuts

Thursday, 5 Dec 2013 03:24pm EST 

Cellectis SA:Says it is to implement a restructuring and operating cost reduction program.Says it's genome engineering tools division has made a substantial loss since the beginning of the year while its therapeutics and agrobusiness activities have made significant progress.Says it will focus its resources on therapeutics and agrobusiness, while maintaining a service business essentially dedicated to the bio-pharmaceutical industry.Says this restructuring could lead to significant job losses in France.Says program should reduce operating costs by 10 million euros a year. 

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-0.04 -0.33%
24 Dec 2014