March 24, 2020 / 7:38 AM / 9 days ago

BRIEF-Vitrolife Evaluates Measures Due To Coronavirus

March 24 (Reuters) - Vitrolife AB:

* VITROLIFE EVALUATES MEASURES TO TEMPORARILY REDUCE STAFF COSTS

* ON CORONAVIRUS: ESTIMATES THAT CORONAVIRUS OUTBREAK WILL HAVE A SIGNIFICANT NEGATIVE IMPACT ON DEMAND FOR IVF TREATMENTS DURING Q2

* HAS EVALUATED SITUATION AND, IF APPROPRIATE, WILL USE SUPPORT PACKAGES IN COUNTRIES CONCERNED TO TEMPORARILY REDUCE STAFF COSTS WITHOUT CARRYING OUT TERMINATIONS.

* COMPANY WILL EVALUATE THESE OPPORTUNITIES AND CONDUCT NEGOTIATIONS WITH CONCERNED PARTIES Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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