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In a move that eliminates nearly 60 percent of its workforce, Incyte shutters its Palo Alto, Calif., research center and corporate headquarters. Incyte’s remaining staff will continue working from Wilmington, Del., and Beverly, Mass., in a more focused effort on drug discovery. Meanwhile, the company continues its disease-of-the-month program, in which Incyte’s proteomics data for a particular disease each month is made freely accessible to the research community.

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