UniQure rises on plans to cut about 20% of workforce

uniQure

05/10/2023 15:35

** U.S-listed shares of Dutch gene therapy maker uniQure
 UQ1.F   QURE.O  rise ~8.3% to $6.53
    ** Co says it will cut about 20% of its total workforce and
end investments in more than half of its research and technology
projects to reduce costs
    ** Says it expects to generate savings of about $180 mln
over the next three years with the restructuring
    ** Including session moves, shares down ~70.3% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))