Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

25 jobs
Number of planned job losses
Job loss
Announcement Date
4 September 2003
Employment effect (start)
Foreseen end date

Description

In the frame of a merger (October 27th) with the US company GenSci Orthobiologics and in order to focus on orthobiology, Isotis is suppressing 25 jobs.


Sources

  • 4 August 2003: Het Financieele Dagblad

Citation

Eurofound (2003), Isotis, Merger/Acquisition in Netherlands, factsheet number 59057, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59057.