Brief: Biocept Inc Estimates It Will Incur Charges Of About $0.6 Mln For Q1 2023 Severance Costs

Biocept

06/01/2023 12:23

Jan 6 (Reuters) - Biocept Inc  BIOC.O :
    * BIOCEPT INC - ESTIMATES THAT IT WILL INCUR CHARGES OF
ABOUT $0.6
MILLION FOR SEVERANCE AND OTHER EMPLOYEE TERMINATION-RELATED
COSTS IN Q1 OF 2023
    * BIOCEPT INC - INTENDS TO CEASE COVID-19 TESTING AT END OF
JANUARY
    * BIOCEPT INC - REDUCTION IN FORCE IS EXPECTED TO BE
COMPLETED
DURING Q1 OF 2023

Source: (shorturl.at/cS138)
Further company coverage:  BIOC.O 
 ((Reuters.Briefs@thomsonreuters.com;))