Reuters logo
BRIEF-Oncomed reports workforce reduction
2017年4月24日 / 晚上9点15分 / 5 个月前

BRIEF-Oncomed reports workforce reduction

April 24 (Reuters) - Oncomed Pharmaceuticals Inc:

* Oncomed announces workforce reduction

* Oncomed Pharmaceuticals Inc - oncomed will reduce its workforce by approximately 50 percent, resulting in 64 remaining full-time employees

* Oncomed Pharmaceuticals Inc - company anticipates having sufficient cash to fund operations through q3 2019

* Oncomed Pharmaceuticals Inc - anticipates having sufficient cash to fund operations through q3 2019

* Oncomed Pharmaceuticals - expects to realize significant cost savings of about $60 million over next 2 years associated with personnel, operating expenses

* Oncomed Pharmaceuticals - estimates one-time severance related charges of $2.6 million related to termination benefits and other related expenses

* Oncomed Pharmaceuticals Inc - adjusted guidance for its anticipated 2017 expenses to approximately $90 million

* Oncomed Pharmaceuticals Inc - majority of severance-related charges will be paid by end of q2 of 2017

* Oncomed Pharmaceuticals Inc - “will also seek to maximize value from potential interest in partnering assets to which it has worldwide rights” Source text for Eikon: Further company coverage:

我们的标准汤森路透“信任原则”
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below