LION bioscience has said it plans to cut its headcount by at least
50 per cent as part of a new restructuring drive, with most cuts
being felt at the company's facilities in Heidelberg, Germany.
LION's strategy to move towards the informatics sector, shifting
the focus away from the drug development sector seems to be gaining
momentum as second quarter net losses were reduced to €3.4million
compared to €6.5 million in...
Germany's LION bioscience has made a foray into the market for
cheminformatics software with a new package designed to help
pharmaceutical companies identify, select and priortise compounds,
based on data emerging from the medicinal...
Germany'sLion Bioscience has reported a slight financial
improvement from a year ago, trimming losses in the first quarter.
53 per cent of the Lion's Q1 revenues, or €2.1 million were
generated from Bayer projects.