Economy & Economic Development  September 1, 2023

Aktiv Pharma Group to shut down Broomfield, Fort Collins locations, slashing 70 jobs

BROOMFIELD — AktiVax Inc., a Broomfield-based pharmaceutical company that does business as Aktiv Pharma Group, will shut down “substantially all” of its operations in Broomfield and Fort Collins.

The closure will affect 70 workers and was reported to the Colorado Department of Labor and Employment Tuesday under the Worker Adjustment and Retraining Notification Act. The WARN Act requires advance notice of layoffs for companies under certain conditions.

“Unfortunately, due to unexpected circumstances, the company must shut down substantially all of its operations,” the letter from CEO Amir Genosar said. “We are sending you notice as soon as was practicable to do so.…

Related Posts

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...