NEW YORK (GenomeWeb News) – Norwegian biomarker diagnostics firm DiaGenic today announced the initiation of a cost reduction program, which includes the elimination of an undisclosed number of jobs.

The program, which also will cut facility and administrative expenses, is anticipated to save the company more than NOK600,000 ($99,000) each month, it said.

DiaGenic did not specify how many jobs would be eliminated or provide additional details about its cost reduction effort. The company did not respond to a request for additional information.

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