#news #biotech NantHealth cuts staff, offloads assets as Q2 losses hit $70M

Biotechnology, Pharma and Biopharma News – Research – Science – Lifescience ://Biotech-Biopharma-Pharma: NantHealth cuts staff, offloads assets as Q2 losses hit $70M .NantHealth is cutting its headcount by 300 through layoffs and the sale of assets to Allscripts. The reduction, which amounts to about one-third of NantHealth’s headcount, will lower costs at the Patrick Soon-Shiong-helmed company after a quarter in which it lost $70 million.

from FierceBiotech: Biotech http://ift.tt/2hQFAeW