uniQure (QURE) Up on Restructuring Plans, Workforce Reduction

Published on 6 Oct 2023 on Zacks via Yahoo Finance

uniQure (QURE) Up on Restructuring Plans, Workforce Reduction

Shares of uniQure N.V. QURE were up 11.61% on Oct 5 after the company announced a strategic reorganization to reduce its operating expenses.

The company will discontinue investments in more than half of its research and technology projects, which includes AMT-210 for the treatment of Parkinson’s disease and multiple undisclosed programs.

Consequently, a research lab in Lexington will be closed and the company plans to sublease this space.

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uniQure (QURE) Up on Restructuring Plans, Workforce Reduction

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