STAT July 10, 2024
Good morning. It’s been a challenging time for workers in the biopharma industry. We’ve seen companies announce layoffs one after another, and people online talk about how it seems increasingly difficult to secure a new job. Read our latest on this subject below, with new numbers on the state of the job market.
The need-to-know this morning
- Flagship Pioneering raised a new $2.6 billion investment fund, plus an additional $1 billion for sector-specific side funds. This brings the total capital raised by Flagship into its funds since 2021 to $6.4 billion.
- Abbvie named a new R&D chief. Roopal Thakkar takes over as chief scientific officer and executive vice president for R&D, replacing the retiring Thomas Hudson. Thakkar is currently...
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