Arbutus to restructure, 31% staff reduction [Seeking Alpha]
Arbutus Biopharma Corporation (ABUS)
Last arbutus biopharma corporation earnings: 11/6 07:30 am
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US:NASDAQ Investor Relations:
investor.arbutusbio.com/node/5806
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Source: Seeking Alpha
Arbutus to restructure, 31% staff reductionCiting the need to better align its hepatitis B business in Warminster, PA, Arbutus Biopharma (ABUS-0.9%)announces a restructuring plan aimed at increasing efficiency, creating a more flexible cost structure and extending its cash runway.The company will shutter its Burnaby facility and reduce its global workforce by 31%. It expects to record a $5M charge related to the initiative.Click to subscribe to real-time analytics on ABUSNow read:Celldex Therapeutics: Back Up The Truck Or Back Away? »
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ABUS
News
- Arbutus to Report First Quarter 2024 Financial Results and Provide Corporate UpdateGlobeNewswire
- Arbutus Biopharma Co. (NASDAQ: ABUS) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $4.00 price target on the stock.MarketBeat
- Arbutus Biopharma Announces Claim Construction Ruling in its Ongoing Patent Infringement Lawsuit Against Moderna [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Arbutus Biopharma Announces Claim Construction Ruling in its Ongoing Patent Infringement Lawsuit Against ModernaGlobeNewswire
- Is Arbutus Biopharma (NASDAQ:ABUS) In A Good Position To Deliver On Growth Plans? [Yahoo! Finance]Yahoo! Finance
ABUS
Earnings
- 11/7/23 - In-Line
ABUS
Sec Filings
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- 4/4/24 - Form 8-K
- ABUS's page on the SEC website