Scorpius Holdings Announces Implementation of New Cost Savings Measures Expected to Save Over $2 Million Annually
SCPXScorpius Holdings(SCPX) GlobeNewswire News Room·2024-10-31 19:30

DURHAM, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Scorpius Holdings, Inc (NYSE American: SCPX) (“Scorpius” or the “Company”), an integrated biomanufacturing company, today announced the implementation of strategic cost-saving measures expected to save over $2 million annually. The recently implemented measures include the divestiture of certain non-core assets and the initiation of programs designed to optimize operational efficiency across the organization. The Company expects these measures to significantly ...