Arena slims down 25%, and stretches work-out schedule for FDA on lorcaserin
This article was originally published in Scrip
Arena Pharmaceuticals has reported that it will be eliminating about a quarter of its US workforce, or about 66 positions, in order to cut costs. It also disclosed that satisfying the demands of the US FDA for new data on its embattled weight-loss drug lorcaserin may take longer that the investment community had anticipated until now.
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