Brief: Collegium Pharmaceutical Announced Headcount Reduction By About 20%

Collegium Pharmaceutical

12/11/2021 13:27

Nov 12 (Reuters) - Collegium Pharmaceutical Inc  COLL.O :
    * COLLEGIUM PHARMACEUTICAL INC - ON NOV 12, CO ANNOUNCED
CORPORATE
RESTRUCTURING TO SUPPORT GROWTH, PROFITABILITY OF PRODUCT
PORTFOLIO
    * COLLEGIUM PHARMACEUTICAL - IN CONNECTION WITH
RESTRUCTURING, CO
IS REDUCING HEADCOUNT BY ABOUT 20%, WHICH IS EXPECTED TO BE
COMPLETED BY END OF 2021
    * COLLEGIUM PHARMA - ESTIMATES TO RECORD ONE-TIME PRE-TAX
CHARGE
OF ABOUT $4 MILLION TO $5 MILLION RELATED TO RESTRUCTURING IN Q4
2021

Source text: [https://bit.ly/3n7g9FA]
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 ((Reuters.Briefs@thomsonreuters.com;))