Chester County News and Community Website
PHILADELPHIA, PA — Carisma Therapeutics Inc. (Nasdaq: CARM) announced a strategic realignment of its resources, discontinuing the development of its CT-0525 program and reducing its workforce by 34%. These decisions are …
Carisma Therapeutics Refocuses Strategy, Reduces Workforce Amid Pipeline Reprioritization Read More
WAYNE, PA — Trinseo (NYSE: TSE) has unveiled a series of restructuring initiatives aimed at strengthening the company’s growth potential and financial performance. Beginning October 1, 2024, Trinseo will consolidate the …
Trinseo Announces Strategic Restructuring to Enhance Growth and Profitability Read More
WEST CHESTER, PA — Verrica Pharmaceuticals Inc. (Nasdaq: VRCA) announced a strategic restructuring aimed at reducing costs and broadening the reach of YCANTH®, its treatment for molluscum contagiosum.
Verrica Pharmaceuticals Streamlines Operations to Enhance YCANTH Access Read More
MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH) has announced a series of restructuring measures designed to optimize its manufacturing operations and streamline decision-making processes as part of its Vishay 3.0 …
Vishay Intertechnology Restructures for Growth Under Vishay 3.0 Strategy Read More
MALVERN, PA — Endo, Inc. recently announced the successful acquisition of substantially all assets of Endo International plc (“EIP”), following the latter’s emergence from Chapter 11 bankruptcy. This strategic acquisition, …
Endo, Inc. Completes Asset Acquisition from Endo International, Eyes Growth Post-Restructuring Read More MALVERN, PA — Endo, Inc., a newly established entity, recently unveiled plans to secure new senior secured credit facilities totaling $1.65 billion. The ambitious financial package is comprised of a …
Endo Inc. Announces Major Financing Move with $1.65 Billion in New Credit Facilities Amid Restructuring Read More
The Commissioner of the Internal Revenue Service (IRS), Danny Werfel, recently announced a significant reshuffling of the agency’s leadership structure. The planned changes, which are set to be implemented in …
IRS Announces Overhaul of Leadership Structure to Boost Efficiency and Modernize Tax System Read More
WEST CHESTER, PA — The law firm Gawthrop Greenwood is expecting to advise clients through a record number of corporate bankruptcies and out-of-court corporate debt restructurings and workouts.
Law Firm Gawthrop Greenwood Expects Record Number of Corporate Restructurings, Bankruptcies in Region Read More