Fierce Biotech April 16, 2024
Gabrielle Masson, Max Bayer

We really didn’t want to have to create another Layoff Tracker this year. But here we are, launching the third annual iteration tracking industry layoffs.

Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. We hope that trend reverses itself in 2024.

As always, if you know of a layoff occurring at a biotech, please reach out to the Fierce Biotech editorial team and let us know.

April—7 companies

April 16 – Vedanta Biosciences: Microbiome biotech Vedanta is cutting roughly 24 jobs, including 12 employees in the CMC team. CEO Bernat Olle wrote on LinkedIn that the company was “coming off a peak of manufacturing campaigns that supplied several...

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Topics: Biotechnology, Pharma / Biotech
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