Inex Restructures: COO Is Timothy Ruane, Senior Execs Depart
This article was originally published in The Pink Sheet Daily
Executive Summary
Inex is shedding 60% of its workforce in a cost-cutting move aimed at reducing cash burn to under $1 mil. a month. CEO David Main and senior execs depart under reorganization, the second since an advisory committee’s unfavorable recommendation for Inex’ oncologic Marqibo.