{"id":717240,"date":"2010-04-15T10:22:09","date_gmt":"2010-04-15T14:22:09","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=73722"},"modified":"2010-04-15T10:22:09","modified_gmt":"2010-04-15T14:22:09","slug":"cell-therapeutics-cuts-36-employees","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/717240","title":{"rendered":"Cell Therapeutics Cuts 36 Employees"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Biotech\/\">Biotech<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/people\/\">people<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/Layoffs\/\">Layoffs<\/a><\/div>\n<p>\t\t<strong>Luke Timmerman wrote:<\/strong><\/p>\n<p>Cell Therapeutics (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=CTIC\">CTIC<\/a>), the Seattle-based biotech company, <a href=\"http:\/\/investors.celltherapeutics.com\/phoenix.zhtml?c=92775&amp;p=irol-newsArticle&amp;cat=news&amp;id=1413237\">said<\/a> it has cut 36 jobs to conserve cash. The move comes less than a week after the company&#8217;s application to sell a new drug for non-Hodgkin&#8217;s lymphoma was rejected by the FDA. The company says it now expects to spend about $60 million on operations this year, down 21 percent from its previous forecast.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/seattle\/2010\/04\/15\/cell-therapeutics-cuts-36-employees\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Cell%20Therapeutics%20Cuts%2036%20Employees%20http:\/\/xconomy.com\/?p=73722\"  rel=\"nofollow\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif?w=780\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/seattle\/2010\/04\/15\/cell-therapeutics-cuts-36-employees\/&#038;t=Cell%20Therapeutics%20Cuts%2036%20Employees\"  rel=\"nofollow\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif?w=780\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/seattle\/2010\/04\/15\/cell-therapeutics-cuts-36-employees\/email\/  rel=\"nofollow\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif?w=780\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Cell+Therapeutics+Cuts+36+Employees&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fseattle%2F2010%2F04%2F15%2Fcell-therapeutics-cuts-36-employees%2F\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif?w=780\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\t     \t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=c7c30f7c776c580a3048e2e0936ea41c&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=c7c30f7c776c580a3048e2e0936ea41c&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/ib.adnxs.com\/seg?add=24595&#038;t=2\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/-fLCe4kSJuinq3wplRMB-9ajV8Q\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/-fLCe4kSJuinq3wplRMB-9ajV8Q\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/-fLCe4kSJuinq3wplRMB-9ajV8Q\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/-fLCe4kSJuinq3wplRMB-9ajV8Q\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/fI0aYS3V1wk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech, people, Layoffs Luke Timmerman wrote: Cell Therapeutics (NASDAQ: CTIC), the Seattle-based biotech company, said it has cut 36 jobs to conserve cash. The move comes less than a week after the company&#8217;s application to sell a new drug for non-Hodgkin&#8217;s lymphoma was rejected by the FDA. The company says it now expects to spend [&hellip;]<\/p>\n","protected":false},"author":843,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-717240","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-30Ao","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/717240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/843"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=717240"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/717240\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=717240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=717240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=717240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}