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Percivia LLC Terminates Business Operations and Closes Down US Office, Lays Off 30  
4/17/2012 7:42:49 AM

According to a source close to the matter, Percivia has terminated their business operations and closed down the US office. "Unfortunately, J&J , having acquired Crucell, ultimately decided it could not support the biosimilar product development business," the source says. Thirty employees were laid off last Friday. Another ten employees remain for the next 30-90 days to close down the operation.
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