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.…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!