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BRIEF-Amedica announces workforce reduction by about 38 pct

Oct 5 Amedica Corp :

* Amedica announces workforce reduction

* Reduced its workforce by approximately 38% to lower its operating expenses

* Reduced its workforce by approximately 38%

* Actions associated with plan were implemented on october 3, 2016 and completed on october 4, 2016

* Estimates staff reductions to result in savings of approximately $2.0 million in cash operating expenses Source text for Eikon: Further company coverage:

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