Posted Oct. 8, 2012 at 10:14 a.m.

Premium Lock Targacept to cut 38% of its work force, close labs

Published: 2012-10-08 10:14:00
Updated: 2012-10-08 10:14:00

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The Winston-Salem based drug development firm says it will lay off another 28 workers and reduce operations in wake of recent product candidate failure....

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What? Can't be. Obama said the private sector was doing just fine.
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