Curis shrinks headcount by 30% as execs place bigger hopes on blood cancer drug
Now that it’s gotten both clinical holds lifted for the blood cancer drug emavusertib, Curis is ready to move full speed ahead.
But first, it’s going to prune the pipeline — with a wave of layoffs to follow.
The Lexington, MA-based biotech revealed in its Q3 update that as it concentrates on the development of emavusertib, it’s reallocating resources and deprioritizing other programs. As a result, it’s shrinking the workforce by 30%.
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