San Fran­cis­co cell ther­a­py play­er lays off 94 staffers as it awaits da­ta on lead can­di­date

PACT Phar­ma, a well-con­nect­ed cell ther­a­py de­vel­op­er out of South San Fran­cis­co, is lay­ing off 94 em­ploy­ees, ac­cord­ing to a WARN no­tice filed in Cal­i­for­nia.

Among those head­ing out are pres­i­dent and COO Tim Moore (who had jumped from Kite three years ago), 14 sci­en­tists, 12 di­rec­tor-lev­el po­si­tions, sev­en en­gi­neers, a half-dozen vice pres­i­dents and two se­nior di­rec­tors, the San Fran­cis­co Busi­ness Times re­port­ed. The com­pa­ny will have 40 re­main­ing em­ploy­ees to car­ry on the work on T cell ther­a­pies for can­cer, ac­cord­ing to the pa­per.

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