Employment News
ARCA Biopharma Eliminates 40 Jobs
By Erik Even | Dated: 05-22-2009
Broomfield, Colorado-based biotech firm ARCA Biopharma has cut 40 employees.Those laid off will get severance packages.
ARCA Biopharma, formerly Nuvelo, is a biopharmaceutical company focused on developing genetically-targeted therapies for heart failure and other cardiovascular diseases. ARCA’s lead product candidate Gencaro, a beta-blocker and mild vasodilator, is under review by the FDA for treatment of chronic heart failure.
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