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BRIEF-Retrophin initiates a plan to consolidate its operations to its corporate headquarters in San Diego
March 8, 2017 / 10:32 PM / 5 months ago

BRIEF-Retrophin initiates a plan to consolidate its operations to its corporate headquarters in San Diego

March 8 (Reuters) - Retrophin Inc

* On March 7, 2017, company initiated a plan to consolidate its operations to its corporate headquarters in San Diego, CA

* Intends to close its Cambridge, MA office by end of 2017

* As part of plan, select employees will relocate from Cambridge, MA to San Diego headquarters by end of 2017-SEC filing

* Estimates it could incur up to $4.5 million in employee related separation and transitional cash charges as a result of the consolidation

* As part of plan, replacements for other functions will be hired during course of 2017 Source text for Eikon: Further company coverage:

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