Aiming for Profitability in ‘08, Entelos to Shed Drug-Development Arm, Grow Sales | GenomeWeb
In a bid to become profitable this year, Entelos plans to “significantly increase” its investment in sales and marketing and divest its in-house drug-development effort, company officials said this week.
 
In an analyst briefing this week to discuss the company’s preliminary 2007 financial results, Entelos CEO James Karis said that the firm plans to shift its focus toward the “revenue-generating” part of its business, which comprises sales and services related to its PhysioLab biosimulation platform.
 

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