Scoop: Resonance Medicine, a protease biotech from David Liu’s lab, shuts down
Resonance Medicine, a two-year-old stealth-stage biotech out of the lab of famed biochemist David Liu, has decided to shut down, Endpoints News has learned.
The biotech, backed by some of the industry’s most prominent investors, decided to shut down because the science was too nascent, a source familiar with the matter told Endpoints on Tuesday. Financing, which has been hard to come by in the current biotech environment, was not a reason, the source noted, asking not to be identified.
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