Senti Bio cuts 37% of staff; Evotec pockets $25M milestone from BMS; Novartis buys SanReno

08 Jan 2024
Gene TherapyAcquisitionCell TherapyImmunotherapy
Plus news about Oryzon Genomics, Cumulus Oncology, CureVac, Orion, Glykos Finland, Radiance Biopharma, Biocytogen, Marker Therapeutics and HilleVax: Senti Bio will lay off 37% of its staff: The cell and gene therapy developer will also scale back some R&D work to focus on its clinical programs . CEO Timothy Lu says these are “difficult but necessary steps” as it gathers proof-of-concept data for its gene circuit technology. The biotech expects to dose the first acute myeloid leukemia patient with its logic-gated cell therapy SENTI-202 in the second quarter of 2024. It will also continue to support a different candidate, targeted at glypican 3-expressing hepatocellular carcinomaglypican 3-expressing hepatocellular carcinoma, through a partnership in China. — Amber Tong
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