Updated: News briefing: Assembly Bio scraps microbiome programs; InveniAI, Kyowa Kirin expand partnership to focus on novel targets
More than a year after Gilead’s former R&D chief John McHutchison took the reins at Assembly Biosciences, the San Francisco, California-based company is pulling back from its microbiome program in order to concentrate its resources on advancing a portfolio of therapeutics and core inhibitors related to hepatitis B.
McHuchison said in a statement that the decision to wind down the company’s microbiome program was “difficult.” The company will examine possible alternatives for the program, but if no other options are discovered, its operations will cease by the end of January.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.