MedWatch

Orphazyme expects to lay off 100 employees this year

At the end of July, Orphazyme completed its restructuring program, and according to the biotech company, it expects to have around 70 full-time employees at the end of the year. At the end of the first half-year, 180 people were employed.

Photo: Orphazyme/PR

It is no secret that Orphazyme has been forced to cut down its number of staff considerably after the FDA rejected the biotech company's key candidate arimoclomal as a treatment for metabolic disease Niemann-Pick type C, NPC.

The company has previously announced a reduction of its global workforce equating to around two-thirds of the workforce, and the publication of the half-year report on Tuesday revealed more details of the reductions.

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