Scorpius Holdings: Scorpius Holdings, Inc (OTC: SCPX) (‘Scorpius’ or ‘the Company’), an integrated contract development and manufacturing organization (“CDMO’), today provided a corporate update highlighting key strategic initiatives, including cost optimization measures expected to yield over $6 million in annualized savings and the Company’s exploration of opportunities to expand operations into Southeast Asia through a potential biomanufacturing presence in Malaysia. Major Operational Cost Optimization Program Initiated

According to BERNAMA News Agency, Scorpius has launched a strategic restructuring initiative designed to streamline operations, improve capital efficiency, and position the Company for long-term sustainable growth. This initiative includes a 28% reduction in headcount and the realignment of select non-core expenditures.