DOTmed May 8, 2024
Hologic plans to lay off 190 workers at facilities in Finland and France as part of a decision to discontinue the manufacture and sale of certain products in the Mobidiag business in its diagnostics segment. The development activities and operations from those locations will move to San Diego, according to a May 3 filing with the Securities and Exchange Commission.
The company wrote, in part:
- During the first quarter of fiscal 2024, the Company further refined its strategy for the Mobidiag business, which is within the Diagnostics reportable segment. The strategy change included the decision to discontinue the manufacture and sale of certain products, closure of its facilities in Finland and France, and to move the development activities and operations...
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Topics: Medical Devices