ANDS said it will cut 40 percent of its workforce and suspend the development of ANA773 <a href="http://www.reuters.com/article/marketsNews/idINBNG41756220090604?rpc=44" rel="nofollow" target="_blank">http://www.reuters.com/article/marketsNews/idINBNG41756220090604?rpc=44</a> and they also did a private placement <a href="http://www.biocetera.com/inthenews.php?id=119638" rel="nofollow" target="_blank">http://www.biocetera.com/inthenews.php?id=119638</a>