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EXCEL - IDEA: XBRL DOCUMENT - BG Medicine, Inc.Financial_Report.xls
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EX-32 - EX-32 - BG Medicine, Inc.d398643dex32.htm
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v2.4.0.6
Subsequent Event
9 Months Ended
Sep. 30, 2012
Subsequent Events [Abstract]  
Subsequent Event
5. Subsequent Event

Strategic Reorganization

As part of the Company’s new commercial strategy, in November 2012 the Company implemented a strategic reorganization in its research and development department, away from its previous focus on early stage discovery and toward a more commercially-oriented role in support of studies designed to further differentiate and support the BGM Galectin-3 and CardioSCORE tests in the marketplace. As a result of this strategic reorganization, 11 positions in early discovery research have been eliminated, enabling the Company to dedicate a greater share of its research and development budget to commercial support and market growth activities. As a result, the Company will record a fourth quarter charge of approximately $150,000, with expected savings of up to $1.2 million in 2013. After this strategic reorganization, the Company will have 26 full time employees.