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Tuesday, September 27, 2005
 
Biotech News - Serologicals - Biotech company announces closure
Newsday.com: Biotech company announces closure

Biotech company announces closure

September 26, 2005, 9:57 PM EDT


LAKE PLACID, N.Y. -- Biotechnology firm Upstate on Monday morning told its 60 employees that it will shut down operations this spring.

The move follows an earlier round of job cuts in which another 60 people were laid off or offered the chance to relocate to California, where Upstate's parent company, Serologicals Corp., has another facility.

Serologicals, based in Atlanta, bought the company in September 2004.




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