Polyphor ax­es staff as cash and op­tions dwin­dle

Polyphor’s re­struc­tur­ing is be­gin­ning.

The Swiss biotech, once a dar­ling of the coun­try’s pub­lic mar­kets, an­nounced that it was lay­ing off “up to” 29 em­ploy­ees …

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