Piper Jaffray Downgrades Unilife Corporation (UNIS) to Neutral

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Unilife Realigns Business Units and Leadership Team

March 14, 2016 8:09 AM EDT

YORK, Pa., March 14, 2016 /PRNewswire/ -- Unilife Corporation (NASDAQ: UNIS, ASX: UNS), a developer and supplier of injectable drug delivery systems, today announced the realignment of its business units and leadership team to efficiently focus operations on the revenue-generating programs of key strategic customers. 

Following the successful completion of the review of strategic alternatives by the Unilife Board of Directors, the Company has streamlined its operations into two program-focused business units:

Wearable and Auto Injectors: Executing to customer programs for wearable injectors, reusable auto injectors and instant... More