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Delcath Systems Inc Announces Strategic Reorganzation

Friday, 4 Oct 2013 06:30am EDT 

Delcath Systems Inc announced that as part of its efforts to increase operating efficiencies, the Company has completed a strategic reorganization under which it has eliminated 21 positions, or approximately 33% of its global workforce. The Company expects this reorganization, in conjunction with other cost saving measures, to significantly lower cash utilization. 

Company Quote

0.03 +2.86%
1:04pm EDT