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Pharmaceuticals

Array Biopharms To Restructure

by Ann M. Thayer
June 20, 2011 | A version of this story appeared in Volume 89, Issue 25

Array BioPharma is restructuring to reduce its spending rate and focus on its key clinical development programs, which are largely in the cancer area. The firm will reduce its workforce by about 20%, or 70 employees, primarily in discovery research and support jobs. It will still have a small discovery research group to handle late-stage projects and its partnerships with Amgen, Celgene, and Genentech.

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