Achillion Announces Restructuring to Advance Corporate Strategy; Announces 2017 Fourth Quarter and Full Year Financial Results
ACHISON INC A (ACHN)
Last achison inc a earnings: 11/7 07:30 am
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Source: GlobeNewswire
Corporate restructuring expected to enable Achillion to focus on goal of advancing its clinical and late-stage preclinical portfolio while maintaining a strong balance sheet Joseph Truitt, Chief Operating Officer, promoted to President of Achillion Achillion seeking to generate additional datasets with ACH-4471 in both C3G and PNH programs in 2018 Conference call scheduled for today at 8:30 a.m. EST NEW HAVEN, Conn., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN), a clinical stage biopharmaceutical company focused on developing inhibitors of the complement alternative pathway, today announced an operational restructuring plan that aims to focus the organization on advancing Achillion’s existing clinical and late-stage preclinical factor D inhibitors and reduce expenses to maintain its strong balance sheet. The plan is expected to deliver approximately $10 million of savings in 2018 over 2017 expense levels. The restructuring will reduce the Comp
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