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Lexington-based Synta to cut 20 percent of workforce and consolidate lab space

2015-02-06 19:32:24| Biotech - Topix.net

Lexington biotech Synta Pharmaceuticals has announced plans to eliminate 20 percent of its workforce as it slims down to focus on two potential cancer drugs.

Tags: space cut percent lab

 

Glatfelter to reduce global workforce by 3 percent to 5 percent

2015-02-05 20:34:42| Industrial Machines - Topix.net

Glatfelter said Thursday it plans to shrink its global workforce by 3 percent to 5 percent as weak economic growth in Europe and political uncertainty in Russia and Ukraine affects its business. The York-based paper and fiber manufacturer reported net income of $19.6 million, or 45 cents a share, for the fourth quarter ended Dec. 31. That was up from earnings of $16.5 million, or 37 cents a share, in fourth-quarter 2013.

Tags: to global reduce percent

 
 

Daimler Q4 earnings dip 29 percent on anti-trust set-aside

2015-02-05 10:10:29| Automakers - Topix.net

German car and truck maker Daimler AG says net profit fell 29 percent in the fourth quarter as the company set aside 600 million euros for potential costs from a European Union anti-trust investigation of truck makers. Net profit for the October to December quarter fell to 1.187 billion euros from 1.676 billion in the year-earlier quarter.

Tags: percent earnings dip antitrust

 

Daimler Q4 earnings dip 29 percent on anti-trust set-aside

2015-02-05 10:08:25| Auto Dealers - Topix.net

German car and truck maker Daimler AG says net profit fell 29 percent in the fourth quarter as the company set aside 600 million euros for potential costs from a European Union anti-trust investigation of truck makers. Net profit for the October to December quarter fell to 1.187 billion euros from 1.676 billion in the year-earlier quarter.

Tags: percent earnings dip antitrust

 

Enanta Announces 95 percent SVR12 Rate In AbbVie's Phase 3 Study Of All-Oral Treatment For Hepatitis C Virus In Japanese Patients

2015-02-04 07:01:33| drugdiscoveryonline Home Page

Enanta Pharmaceuticals, Inc., a research and development-focused biotechnology company dedicated to creating small molecule drugs for viral infections and liver diseases, recently announced topline Phase 3 results from the GIFT-1 study, AbbVie’s investigational, all-oral, ribavirin-free, two direct-acting antiviral treatment with ombitasvir/paritaprevir/ritonavir (OBT/PTV/r) in patients with genotype 1b (GT1b) chronic hepatitis C virus (HCV) infection in Japan

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