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Metabasis pares staff by 30% and shutters its satellite facility.

Publication: San Diego Business Journal
Publication Date: 24-NOV-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Metabasis pares staff by 30% and shutters its satellite facility.(BIOTECH)

Article Excerpt
Biotech Reductions: Metabasis Therapeutics, a San Diego-based biotech firm developing therapies to treat liver disease and diabetes, said Nov. 13 it would cut 35 employees, or 30 percent of its work force, in an effort to preserve cash and reduce expenses.

The company also said it would close its...

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