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Danbury-based firm lays off half its staffers

2016-01-29 22:20:26| Biotech - Topix.net

Danbury-based pharmaceutical developer Biodel has laid off 15 people, more than half of its workforce, after a crumbled partnership forced it to suspend a drug trial and evaluate options including a sale or a reverse merger, in which another company would acquire Biodel for its Nasdaq listing and cash reserves. It would amount to an ignominious end for Biodel, created in 2003 by onetime MannKind executive Dr. Solomon Steiner and others who set out initially to develop VIAject, an insulin treatment for diabetics designed to be absorbed into the blood faster than alternatives at the time, with a later version of the technology called Linjeta.

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Southwestern Energy Lays Off 600 in Arkansas As Prices Fall

2016-01-21 22:56:22| Energy - Topix.net

Southwestern Energy Co. of Houston said Thursday it is laying off 1,100 employees, including 600 throughout its Fayetteville Shale operations in Arkansas, amid a steady decline in natural gas prices.

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SandRidge Energy lays off 226 of 260 Lariat employees

2016-01-14 00:47:09| Energy - Topix.net

Oklahoma City-based SandRidge Energy Inc. has announced the layoffs of 226 people at its Lariat Services Group subsidiary in northwestern Oklahoma. SandRidge spokesman David Kimmel said the layoffs are "difficult, but necessary" because of "the unprecedented environment currently facing our entire industry."

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Obama Administration Lays Out 2016 Regulatory Plans for Food and Agriculture

2016-01-08 05:50:38| Agriculture - Topix.net

President Obama's administration recently released its Regulatory Plan , which lays out department-specific regulatory priorities. Of interest to the food and agriculture industry are the agendas from the U.S. Department of Agriculture and the U.S. Food and Drug Administration , both of which have regulatory oversight of, and administer programs important to, the industry.

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SolarCity lays off more than 550 workers in Nevada

2016-01-07 04:20:50| Semiconductors - Topix.net

SolarCity has laid off more than 550 employees - about a quarter of its workforce - in Nevada, the company said today. The news comes two weeks after SolarCity announced it was halting the sale and installation of rooftop solar panels here after utility regulators approved cutting the rate NV Energy pays solar customers for generating excess power.

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