Nov 17 (Reuters) - Nxera Pharma Co Ltd 4565.T:
NXERA PHARMA CO LTD: ANNOUNCES FOCUSED RESTRUCTURING TO ENHANCE PATH TO PROFITABILITY
NXERA PHARMA CO LTD - EXECUTIVE TEAM REDUCED FROM TEN 10 TO SEVEN 7 BY MARCH 2026
NXERA PHARMA CO LTD - ONE-TIME RESTRUCTURING CHARGES OF APPROXIMATELY JPY500M WILL BE RECOGNIZED IN FY2025
NXERA PHARMA CO LTD - WILL REDUCE FY2026 CASH RESEARCH AND DEVELOPMENT EXPENDITURE BY ABOUT JPY3.5BN AT PHARMACEUTICAL OPERATIONS IN CAMBRIDGE, UK
NXERA PHARMA: INTENDS TO IMPLEMENT INITIATIVES TO REDUCE OPERATING EXPENSES TO SUPPORT NXERA’S 2030 VISION OF ≥JPY50 BILLION IN NET SALES
NXERA PHARMA - WORKFORCE REDUCTION OF ABOUT 15% ACROSS JAPAN & UK OPERATIONS
NXERA PHARMA - ONE-TIME RESTRUCTURING CHARGES OF ABOUT JPY500M WILL BE RECOGNIZED IN FY2025
NXERA PHARMA - STRATEGIC FOCUS WILL BE ON THE DEVELOPMENT OF NEXT-GENERATION THERAPIES FOR OBESITY, METABOLIC AND ENDOCRINE DISORDERS
NXERA PHARMA- IDENTIFIED PROGRAMS THAT ARE NO LONGER PRIORITY FOR COMMERCIAL REASONS, AND THESE WILL BE READIED FOR PARTNERSHIP OR TERMINATION
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