Skip to main content
Premium Trial:

Request an Annual Quote

Hologic Takes Charges of $51.7M for Headcount Reductions

NEW YORK(GenomeWeb) – Hologic said in a regulatory filing that it took charges to its financials of $51.7 million for Fiscal Year 2014, primarily for headcount reductions.

In a Form 10-K filed on Thursday with the US Securities and Exchange Commission, the company said that the charges were related to several steps it took in order to save costs, including cost-containment steps implemented in Q1 FY 2014 that resulted in layoffs. Additionally, in the second, third, and fourth quarters, Hologic terminated some employees at its HiTec Imaging operation in Germany and terminated certain executives and employees on a worldwide basis.

In 2013, the firm recorded a $32.8 million charge related to similar actions, it said.

Earlier this month, Hologic said that its revenues for FY 2014, which ended on Sept. 27, were up almost 2 percent to $2.53 billion.

The Scan

Transcriptomic, Epigenetic Study Appears to Explain Anti-Viral Effects of TB Vaccine

Researchers report in Science Advances on an interferon signature and long-term shifts in monocyte cell DNA methylation in Bacille Calmette-Guérin-vaccinated infant samples.

DNA Storage Method Taps Into Gene Editing Technology

With a dual-plasmid system informed by gene editing, researchers re-wrote DNA sequences in E. coli to store Charles Dickens prose over hundreds of generations, as they recount in Science Advances.

Researchers Model Microbiome Dynamics in Effort to Understand Chronic Human Conditions

Investigators demonstrate in PLOS Computational Biology a computational method for following microbiome dynamics in the absence of longitudinally collected samples.

New Study Highlights Role of Genetics in ADHD

Researchers report in Nature Genetics on differences in genetic architecture between ADHD affecting children versus ADHD that persists into adulthood or is diagnosed in adults.