February 6, 2020 / 10:27 PM / 10 days ago

BRIEF-Wave Life Sciences Ltd Says On February 6, Co Implemented A Cost Reduction Plan

Feb 6 (Reuters) - WAVE Life Sciences Ltd:

* WAVE LIFE SCIENCES LTD - ON FEBRUARY 6, CO IMPLEMENTED A COST REDUCTION PLAN

* WAVE LIFE SCIENCES LTD - UNDER THIS COST REDUCTION PLAN, COMPANY WILL REDUCE ITS WORKFORCE BY APPROXIMATELY 22%

* WAVE LIFE SCIENCES LTD - SEES ONE-TIME RESTRUCTURING CHARGES OF ABOUT $3.5 MILLION, MAJORITY OF WHICH IT EXPECTS TO PAY IN Q1 2020 RELATED TO PLAN Source text: (bit.ly/372lini) Further company coverage:

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