Market Highlights

• Cell therapy developer Adaptimmune plans to reduce its headcount by 33.0% next year, primarily in the first quarter, to cut costs.
• Medicus Pharma Ltd., a Toronto-based company with management in Conshohocken, plans a U.S. IPO to raise $4.6 million by selling 880,000 shares at $4.6 each, while already being publicly traded in Canada.
• The City of Philadelphia is negotiating to establish a new forensics lab for the police department at 3.0 University Place, a mostly vacant eight-story building at 4101 Market St., which would occupy most or all of the remaining space.

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