Fort Washington-based Nabriva to cut workforce 40%, explore ‘strategic alternatives’
Montgomery County biopharmaceutical firm reducing workforce by 40%
By John George – Senior Reporter, Philadelphia Business Journal
Nov 10, 2022Nabriva Therapeutics, a biopharmaceutical company with operations in Fort Washington and Ireland, said Thursday it is reducing its workforce by 40% and pivoting its focus to commercializing its skin and skin structure infections antibiotic while it explores “strategic options” for its future.
The company started the year with 73 employees, 38 of whom work in Montgomery County. The 40% reduction will result in about 29 jobs being eliminated.
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