Bioscience

Tucson’s CDEX cuts all salaries

May 27, 2009

By Flinn Foundation

[Source: Arizona Daily Star] – Tucson-based CDEX Inc., which makes drug identification and detection devices, said Tuesday it is reducing salaries for all employees as part of a plan to cut expenses in response to the recession.
CDEX said in a news release that the plan unanimously approved by its board of directors “calls for a selective reduction in expenses, while maintaining full support of existing and new customers.”
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