Genaissance Lays Off 10 Percent of Staff Despite 115-Percent Jump in Q3 Revenue

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Genaissance Lays Off 10 Percent of Staff Despite 115-Percent Jump in Q3 Revenue

Nov 09, 2004

NEW YORK, Nov. 9 (GenomeWeb News) - Genaissance Pharmaceuticals has laid off 10 percent of its workforce, or around 20 people, as the company continues to seek break-even from operations by the end of 2005, the firm said today.

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