Syn­log­ic reach­es end of the road for syn­thet­ic bi­ol­o­gy quest af­ter piv­otal da­ta dis­ap­point

Syn­log­ic is clos­ing out its 10-year quest in har­ness­ing syn­thet­ic bi­ol­o­gy to cre­ate new ther­a­pies af­ter de­cid­ing that its lead pro­gram is un­like­ly to suc­ceed in a piv­otal study.

The biotech will cease op­er­a­tions and lay off most of its em­ploy­ees — more than 90% — leav­ing on­ly enough staffers to as­sist in wind­ing down the study. The re­main­ing team will al­so help ex­plore strate­gic al­ter­na­tives, in­clud­ing but not lim­it­ed to M&A, as­set deals or out­right dis­so­lu­tion.

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