Bay Area biotech company, once worth $1.2 billion, lays off almost entire staff
Cargo Therapeutics, a once-high-flying Bay Area biotech company that specializes in oncology research, is laying off almost ...
Biotech company based in Peninsula laying off 90% of staff
A Bay Area biotech company is laying off approximately 90 percent of its workforce. According to a press release, Cargo Therapeutics announced the layoffs on Tuesday. The move was made to “preserve ...
2 No-Brainer Biotech Stocks to Buy Right Now
Biotech is an area that may offer your portfolio growth today and earnings stability tomorrow. The idea is a biotech stock ...
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Fierce Biotech Layoff Tracker 2025: Cargo lays off 90% of staff; Empress halves workforce
March 19 - bit.bio: The U.K. cell therapy biotech is slimming its workforce by 25% as the company pivots to focus on biomedical tools instead of drug development. Story March 19 - Cargo ...
Bay Area biotech company laying off 90% of staff as CEO leaves
Biotech company Cargo Therapeutics is laying off 90% of its workforce after plans to suspend its drug development, according to a corporate filing. The San Carlos-based company expects $24 million to ...
Bay Area biotech company once worth $2B guts staff, departing execs get $600K
Sutro Biopharma, a Bay Area oncology biotech company, is laying off around half its staff, switching up its leadership team ...
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Biotech Company Wins Small Business Innovation Research Grant
A major biotech breakthrough is happening in New Orleans. Beken Bio, a biotech startup company that is soon to be based at ...
IO Biotech Named Among Fast Company’s World’s Most Innovative Companies of 2025
Biopharmaceutical company recognized for innovation in the development of immune-modulatory therapeutic cancer vaccines – NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- IO Biotech (Nasdaq: IOBT), a ...