Peter Hecht, Cyclerion Therapeutics CEO

Iron­wood's for­mer pipeline spin­out hits an­oth­er speed bump, lay­ing off 45% and turn­ing to­ward the mi­to­chon­dria

To the cha­grin of the sec­tor, an­oth­er biotech is con­duct­ing lay­offs Thurs­day while mak­ing a some­what sig­nif­i­cant turn — its sec­ond in the last 24 months …

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