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Home » NEOSE TECHNOLOGIES, INC. ANNOUNCES SALE OF WITMER ROAD FACILITY FOR APPROXIMATELY $21 MILLION; REDUCES WORKFORCE 25%
NEOSE TECHNOLOGIES, INC. ANNOUNCES SALE OF WITMER ROAD FACILITY FOR APPROXIMATELY $21 MILLION; REDUCES WORKFORCE 25%
Technologies, Inc. announced that it has entered into an agreement to sell, for approximately $21 million, the 50,000 square foot facility containing its pilot manufacturing plant and current corporate headquarters ("Witmer Road Facility") located in Horsham, Pennsylvania, to a public real estate investment trust. The Company plans to relocate its corporate headquarters to its leased
facility in Horsham within six months.
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21Oct