Biotech Layoffs 2024 News. Many of those jobs were at smaller biotech companies more vulnerable to investor pullbacks. Headquarters in parsippany, new jersey, will see 79 job cuts by march 5, 2024, while 55 employees at the company’s minnesota microbiome hub will be laid off by february 5.
Fierce biotech layoff tracker 2024: Layoffs were announced at several small biotechnology companies this week.
If You Know Of Layoffs Occurring At A Biotech, Please Reach Out To The Fierce Biotech Editorial Team.
Biotechnology companies continue to contend with a challenging financial outlook, with at least four publicly traded drugmakers announcing layoffs to start november and one private startup revealing plans to shut down.
Fierce Biotech Layoff Tracker 2024:
Headquarters in parsippany, new jersey, will see 79 job cuts by march 5, 2024, while 55 employees at the company’s minnesota microbiome hub will be laid off by february 5.
W Hy Are Rich Biotechs Cutting Costs?
Images References :
Smaller Firms Continue To Bear The Brunt Of Funding Woes And Disappointing Clinical Data.
While this is not a new trend, the current trajectory is concerning, as it portends.
The Company Said It Has Enough Funds To Last Into The Second Half Of 2025 As It Continues Development Of Therapies For Several Heart Conditions.
Justine ra january 19, 2024.
Sanofi Begins 'Full Pipeline Reprioritization' With Layoffs In Tow, R&Amp;D Chief Tells Staff.
About the author