#biotech-layoffs

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fromwww.mercurynews.com
2 weeks ago

Trump administration science assault slams major Bay Area economic engine, threatens amazing innovations'

Trump in an August executive order said federal grants had been insufficiently vetted, and some propagated absurd ideologies. Hastings, whose South San Francisco firm Nkarta engineers killer cells to fight disease, said biotechnology companies across the board are cutting staff and product-development projects as uncertainty over what comes next rattles investors.
Science
Business
fromBoston.com
3 weeks ago

Seaport biotech lays off most of its employees amid sale talks

Sensei Biotherapeutics will cut about 65% of staff and wind down clinical development while evaluating strategic alternatives amid weak capital markets.
Business
fromSFGATE
1 month ago

Bay Area biotech company once worth $2 billion lays off half of its workers

Alector will lay off about half its staff after its Phase 3 drug latozinemab failed to slow dementia progression, prompting program discontinuation and leadership changes.
Startup companies
fromSFGATE
2 months ago

Bay Area biotech company lays off half its workers a year after raising $325M

Arsenal Biosciences is cutting about half its workforce (≈100 employees) to extend its cash runway while shifting from early-stage research into clinical trials.
Healthcare
fromSFGATE
3 months ago

Bay Area biotech company worth $10 billion lays off 130 workers

Exelixis is laying off 130 employees, about 11% of its workforce, and closing its Pennsylvania office to consolidate operations in Alameda.
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