EQRx founder Alexis Borisy (Han jingyu/Imaginechina via AP Images)

Up­dat­ed: EQRx aban­dons its mis­sion of drug price re­form, will cut more than half of em­ploy­ees

EQRx’s plan to up­end the US drug price sys­tem with low­er-cost treat­ments is over.

On Mon­day, it an­nounced a mas­sive strate­gic re­set, slash­ing its pipeline …

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