VGTI Florida Announces Plans To Wind-Down Research Institute

PORT ST. LUCIE, Fla.--(BUSINESS WIRE)--The Vaccine & Gene Therapy Institute of Florida (VGTI Florida) today announced that its Board of Directors has authorized an orderly wind-down of the non-profit biomedical research institute. As a result, the Institute’s 34 remaining employees will be laid off over the next 6-weeks with all operations scheduled to completely cease by October 1, 2015.

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