News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

BioMedix, Inc. Slashes Workforce, Enters Receivership


4/22/2013 8:42:49 AM

Staying up-to-date has never been simpler. Sign up for the free GenePool newsletter today!

Med-tech firm BioMedix has cut its staff by 90 percent over the past year and sold off a software division in an effort to stay afloat. The Pioneer Press reports on the struggles of BioMedix, which also entered receivership to reorganize itself. The most recent cuts — which brought the company down to 19 people from more than 200 last year — came through the sale of a 50-person software business called TRAKnet to Nemo Capital Partners of New Jersey.

Help employers find you! Check out all the jobs and post your resume.



comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES