Idec Pharmaceuticals Corp. said Wednesday that it plans toexpand to a new headquarters site in the La Jolla/San Diegoarea and bring its entire staff together in the new facility bythe end of 1993. The company currently operates fromfacilities in La Jolla and Mountain View, Calif.
The company (NASDAQ:IDPH) said it expects to take a one-timecharge of $2 million to $3 million this quarter for humanresource-related, moving and miscellaneous expenses. Thestock lost 50 cents to $13.25 on Wednesday.
Idec's dual locations are a carryover from its 1986 merger withBiotherapy Systems Inc. of Mountain View.
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