Mass. life-sciences firms expanding, hiring despite credit crunch Apr 14, 2009
More than a dozen life-sciences companies, including Oscient Pharmaceuticals Corp. in Waltham and Acusphere Inc. in Watertown, have slashed their workforces in recent months to conserve cash. And some are folding altogether, including Codon Devices Inc. in Cambridge. (Boston Globe)
Acusphere to cut workforce, move Mar 5, 2009
Acusphere Inc. said it plans to cut 40 jobs, or two-thirds of its workforce, by April and move its headquarters from Watertown to Tewksbury ... It's the latest effort by Acusphere to try to conserve cash ... In July, Acusphere cut one-fourth of its staff, or 24 employees, and asked some executives to take a 10 percent pay cut. (Boston Globe)
Watertown-based pharmaceutical company leaving Watertown facility, cutting 40 jobs Mar 5, 2009
Acusphere, Inc. at 500 Arsenal St., Watertown, February 2008 ... The moves could help Acusphere get U.S. Food and Drug Administration approval of its , a cardiovascular drug that detects coronary heart disease ... Acusphere said it has signed an agreement to end the lease on the Watertown headquarters, which will save it about $3. (Watertown TAB & Press, MA)
