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EPIX Pharmaceuticals Cutting Workforce in Half By Erik Even  |  Dated: 03-12-2009
EPIXEPIX Pharmaceuticals of Lexington, Massachusetts has reported a Q4 loss and is reducing its workforce by 50%.

The workforce reduction resulted in 44 jobs lost, including 33 in Massachusetts.

CEO Elkan Gamzu has decided to voluntarily reduce his salary base by 50% until further notice.

EPIX Pharmaceuticals is a bio-pharmaceutical company focused on discovering and developing novel therapeutics through the use of its proprietary in silico drug discovery platform.

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