“Rallybio Corporation is laying off nearly half of its workforce—19 people—in a bid to extend its cash runway into 2026, the New Haven–based biopharma announced Tuesday. According to the announcement, Rallybio will now prioritize development of two Phase II candidates, a monoclonal antibody to prevent fetal and neonatal alloimmune thrombocytopenia, and an injected inhibitor designed to treat patients with complement-mediated diseases.”
https://www.biospace.com/article/biospace-layoff-tracker-2023-athenex-shutters-facility-cuts-staff/