Updated Feb. 28, 2017 at 12:55 p.m.

Premium Lock Cempra cuts 2/3 of workers, stock falls 21% after drug falls short in study

Published: 2017-02-28 12:54:00
Updated: 2017-02-28 12:55:58

Layoffs        Layoffs

​Clinical-stage drug maker Cempra saw its stock price fall 21 percent after it cut 67 percent of its workforce and reported earnings that missed analyst expectations, according to the financial results released Tuesday....

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