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BRIEF-Zosano Pharma Recently Implemented An Additional Workforce Reduction

reuters.com · 04/29/2022 16:04
BRIEF-Zosano Pharma Recently Implemented An Additional Workforce Reduction

- Zosano Pharma Corp ZSAN:

  • ZOSANO PHARMA PROVIDES CORPORATE UPDATE

  • ZOSANO PHARMA CORP - RECENTLY IMPLEMENTED AN ADDITIONAL WORKFORCE REDUCTION IMPACTING APPROXIMATELY 40% OF ITS REMAINING EMPLOYEES

  • ZOSANO PHARMA CORP - IN ORDER TO PRESERVE ITS CAPITAL AND CASH RESOURCES, ZOSANO HAS SUSPENDED ITS M207 PROGRAM

  • ZOSANO PHARMA CORP - SUSPENDED GMP MANUFACTURING OPERATIONS AT ITS FREMONT, CALIFORNIA FACILITY

  • ZOSANO - SUSPENDED ACTIVITIES AT ITS THIRD-PARTY CONTRACT MANUFACTURING ORGANIZATIONS RELATED TO QUALIFICATION OF COMMERCIAL MANUFACTURING EQUIPMENT

  • ZOSANO PHARMA CORP - CURRENTLY EVALUATING ITS LONG-LIVED ASSETS FOR IMPAIRMENT

  • ZOSANO PHARMA CORP - REMAINING FEASIBILITY STUDY WITH A PHARMACEUTICAL PARTNER IS EXPECTED TO CONCLUDE THIS QUARTER

  • ZOSANO PHARMA CORP - AS OF APRIL 26, 2022, COMPANY HAD APPROXIMATELY $11.4 MILLION OF CASH AND CASH EQUIVALENTS

  • ZOSANO PHARMA - CONTINUING TO WORK WITH SIERRACONSTELLATION PARTNERS AS INDEPENDENT FINANCIAL ADVISOR TO ASSIST IN EXPLORING STRATEGIC ALTERNATIVES

Source text for Eikon: ID:nGNX5vrzb6

Further company coverage: ZSAN


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