Restructuring watch
By BC Staff | Apr 2, 2007 | 7:00 AM GMT
Restructuring watch
| Restructuring watch |
| No fewer than 15 companies reduced their workforce during the quarter, up from eight during the same period last year. (A) Company provided cash estimate as of Dec. 31 only, with SEC filings current only up to 2004; (B) 9-month operating loss; (C) Includes £16.1M received in January for ACAM2000 contract delivery; (D) Includes financing after Dec. 31; (E) 3-month operating loss |
| Date | Company | Staff cuts | Cash | Years cash pre-cut | Cash date | 12-mo op loss ended 12/31/06 |
| 1/3/07 | Genaera (GENR) | 30% to ~25 | $33.8 | 1.5 | 12/31/06 |
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