Medivir Clears The Decks For Clinical Focus, Cuts All Preclinical Projects

Medivir outlines plans to cut costs, reduce headcount and streamline priorities as the biotech focuses solely on four assets in clinical development.

Uli Hacksell
Medivir Acting CEO Uli Hacksell • Source: Medivir AB

Swedish biotech Medivir AB has outlined its strategy to reduce annual running costs, excluding clinical projects, by two thirds, under a new regime of cost cutting set in place by acting CEO Uli Hacksell.

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