Biotech Layoff Tracker 2024. April 8, 2024 bcbn news, syndication comments off. Many of the biotechs laying off staff cited the current market environment, with sumitomo pharma dubbing the conditions a.
Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. Eli lilly is expanding its radiopharmaceutical portfolio with a $140 million upfront payment to radionetics oncology and the exclusive future right to acquire the biotech for $1 billion.
Using Data From Fierce Biotech's Layoff Tracker, Gabrielle Masson And Max Bayer Analyze The Trends Of Layoffs In The First Quarter Of 2024, Comparing Them To Previous Years.
We hope that trend reverses itself in 2024.
2024 Biotech Layoff Tracker Brinn Lauretta, 2023 Was A Historically Terrible Year For The Tech Industry.
Reneo reduces workforce by 70%;
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The biotech is laying off about 29% of its employees and will focus its resources on the company’s hypoimmune platform.
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