10:21 AM EST - Valeo Pharma Inc. : Has undertaken a series of initiatives to reduce operating costs and drive operational efficiency as it moves toward profitability. Valeo expects to decrease its operating expenses by more than $2.0 million, on an annualized basis, through reorganizing and streamlining its organizational structure and commercial support activities. Valeo Pharma Inc.
shares T.VPH are trading unchanged at $0.18.
