Brief: Oxford BioDynamics Initiates Series Of Cost-Saving Actions
14/10/2024 07:47
Oct 14 (Reuters) - Oxford Biodynamics PLC OBD.L :
* INITIATING SERIES OF COST-SAVING ACTIONS TO MATERIALLY
REDUCE
BUSINESS'S MONTHLY CASH COST BASE
* NOTWITHSTANDING MEASURES CO WILL REQUIRE ADDITIONAL CASH
RESOURCES BY EARLY Q1 2025
* LAUNCHED A COMPREHENSIVE REVIEW OF STRATEGIC OPTIONS
Source text for Eikon: ID:nRSN9695Ha
Further company coverage: OBD.L
((Reuters.Briefs@thomsonreuters.com;))