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EpiCept Ceases Drug Discovery Operations, Cuts Workforce

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By: Tim Wright

Editor-in-Chief, Contract Pharma

EpiCept Corp. is discontinuing all drug discovery activities and reducing its workforce by approximately 65%. These actions are expected to reduce annual expenses by at least $5.5 million. EpiCept will direct its resources toward the registration of Ceplene in North America and clinical development programs.  “This is a difficult decision and is largely attributable to the current financing environment, but in taking these actions we will help ensure that EpiCept has the resources to execute...

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