Codexis cuts 25% of staff, slashes drug programs while doubling down on RNAi tech
The enzyme engineering specialists at Codexis are giving up on making their own therapies, instead focusing on selling its technologies and services to customers — including processes to support commercial-scale manufacturing of RNAi drugs.
As a result, the company said it will let 25% of its staff go while consolidating its San Carlos, CA facility to its Redwood City, CA headquarters. It had 248 employees, both full-time and part-time, at the end of 2022.
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