Struggling gene therapy pioneer uniQure brings out the ax, chopping programs and staffers in overhaul
UniQure was able to snare the world’s first approval for a gene therapy. But it wasn’t able to cash in. And with its top pipeline programs struggling against heavyweight competition, the Dutch/US biotech $QURE today took out the ax and started to chop away at its R&D structure in search of some big cost savings.
The ax is being aimed at R&D in The Netherlands as uniQure plans to consolidate manufacturing in the US, where it has facilities in Lexington, MA. Up to 60 jobs, a quarter of its workforce, will be cut in the reorganization.
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