Thread regarding Bristol-Myers Squibb layoffs

Does this mean more layoffs?

R&D turbulence at Bristol Myers now includes the end of a $650M alliance and the departure of a top research champion

This morning biotech Dragonfly put out word that Bristol Myers Squibb has handed back all rights to its IL-12 clinical-stage dr-g after spending $650 million to advance it into the clinic.

https://endpts.com/rd-turbulence-bristol-myers-end-650m-alliance-dragonfly-rupert-vessey-departure/

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