Pharmas subleasing excess suburban space - Boston Business Journal:

plesciamipukoa1855.blogspot.com
and are among companies that have listee space for sublease at their respectivewWaltham headquarters. Both companies moved operations from the life science hub of Cambridge to Walthamlast year. Altus is listing more than 150,000 squarer feet of office and lab sublease space at the Park in Earlier this year the biopharmaceuticalcompanyh (Nasdaq: ALTU) announced it would lay off 75 percent of its leaving 35 people at its Waltham according to published reports. ImmunoGen IMGN) is subleasing 14,000 square feet of the nearly 90,00o0 square feet of lab space it leasesw at 830Winter St. in Waltham.
Immunogehn planned to grow into excess space at 830 Winter but has decided tosubleasd instead, sources said. This monthg ImmunoGen announced it would discontinue the internal development ofa gastric-cancer According to published reports, the company said the step will not have impact on its revenue, expenses or cash ImmunoGen booked $23.7 million in revenu e and a net loss of $21.1 million during the nine montha ended March 31.