Lady Gaga served on the board of biotech startup Outer Bio for six years before its public debut on August…
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Failed pancreatic cancer trials trigger 75 percent staff purge at FibroGen
FibroGen is cutting 127 jobs at its San Francisco headquarters, roughly 75 percent of its U.S. workforce, after two late-stage…
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Gilead slashes 104 Bay Area jobs, axing six vice presidents
Gilead Sciences is eliminating 104 positions at its Foster City headquarters, including five vice presidents and a senior vice president,…
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Genetic testing firm Invitae slashes 238 San Francisco jobs amid $1.3 billion loss
Invitae is cutting 238 San Francisco jobs, a 15% staff reduction, as the genetic testing company confronts severe financial distress.…
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Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
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Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…
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$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…
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