“CureVac will reduce its workforce by 30% as it restructures its mRNA collaboration with GSK, the German company announced Tuesday. The two companies began collaborating on mRNA vaccines in 2020 and have candidates for seasonal influenza, COVID-19 and avian influenza in the pipeline. Under the new agreement, GSK “will assume full control of developing and manufacturing these candidate vaccines,” according to the announcement.
Meanwhile, CureVac said its reduction in force will “create a leaner, more agile organization re-focused on technology innovation, research and development” and extend its cash runway into 2028. The company employed 1,172 worldwide as of the end of 2023, according to an SEC filing, and had already shed about 150 employees through a “voluntary leaver” program in April.”
https://www.biospace.com/article/biospace-layoff-tracker-2023-athenex-shutters-facility-cuts-staff/