Thread regarding Gilead Sciences Inc. layoffs

Being acquired by Gilead is the kiss of death

Layoffs hit Philly biotech startup after being bought by Big Pharma

Tmunity Therapeutics, with ties to Penn Medicine, once raised $231 million from investors. Now workers and its Center City office are gone.

https://whyy.org/articles/tmunity-therapeutics-purchase-layoffs-philadelphia/

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