InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.97
(
0.00%
)
Bitcoin
62,590.29
(
0.82%
)
Post# of 26138
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Just the facts maam

Send PM Follow Ignore
Followers 19
Posts 5576
Boards Moderated 0
Alias Born 01/04/2012

Just the facts maam

Re: bernice post# 14927

Tuesday, 05/15/2012 3:33:03 PM

Tuesday, May 15, 2012 3:33:03 PM

Post# of 26138
This is a sign of semi-bad news (laying off to preserve cash)

Jan. 31st, 2012 Corporate update

In order to conserve cash, a reduction of 21 full-time equivalents of employees and contractors has been implemented, representing 25 percent of BioSante's headcount. In addition, if the safety study is halted, the monthly burn rate will decline to approximately $1 million per month, pending other corporate product development and activities.

Corporate update

This is a sign of good news and it is yet to be released but posted on Biosante career web page May 11th, 2012. They appear less worried about preserving cash. Now ask yourself, why?

Biosante is looking at hiring for the following positions

05/11/2012 CAPA Manager
05/11/2012 Director, Quality Assurance

BPAX Jobs


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up