item 2.05 costs associated with exit or disposal activities
on may 12, 2009, the company announced that it had reduced its workforce by approximately 15 employees, representing approximately 50% of its staff positions, as part of its plan to conserve capital while it focuses on pursuing strategic alternatives, including a sale of the company or a sale of its assets. Affected employees will be eligible for a severance package that includes severance pay, continuation of benefits and outplacement services. The company estimates that the aggregate restructuring charges associated with the reduction will be approximately $0.9 million of which the majority will be paid in the second and third quarter of 2009.
Item 8.01 other events
on may 12, 2009, the company announced that it is pursuing strategic alternatives including a sale of the company or a sale of major assets and that it is taking additional steps to conserve capital while it pursues these options. In connection with this announcement it has suspended the enrollment of additional patients in its on-going phase 2 studies for parkinson's disease and restless leg syndrome and eliminated approximately fifty percent of its staff positions.
الشركة تصرف 50% من عمالتها وتبحث عن مشتري للشركة ككل او بعض من ممتلكاته الرئيسيه وتجمد او تقلص معظم انشطتها.
الله يعينك ويصبرك
