Brief: Spago Nanomedical Focuses Resources On Development Of Tumorad
Oct 1 (Reuters) - Spago Nanomedical AB (publ)
SPAGO.ST :
* RESOURCES WILL BE FOCUSED ON DEVELOPMENT OF TUMORAD
* ORGANIZATIONAL CHANGES WILL BE MADE
* FOCUS ON TUMORAD PROGRAM RESULTS IN THAT INTERNAL
PRECLINICAL
DISCOVERY ACTIVITIES WILL CEASE
* THIS IS EXPECTED TO LEAD TO SIGNIFICANTLY REDUCED COSTS
* MEASURES DECIDED ON INCLUDE STAFF REDUCTIONS
Source text for Eikon: ID:nMFN5Hz3Hh
Further company coverage: SPAGO.ST
(Gdansk Newsroom)
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