Novartis is laying off 60 workers. These layoffs affect Tourmaline Bio. Novartis acquired this Flatiron-based biotech company eight months ago. The acquisition cost $1.4 billion. This action aligns with the Swiss dr-gmaker's ongoing headcount reduction.
New York City, New York
https://www.crainsnewyork.com/health-care/cny-tourmaline-bio-layoffs-20260622/