Biotech closure

News about the closure of biotech companies.

Conceptual illustration of layoffs featuring rows of translucent human figures overlaid with large blue scissors symbolizing

Biotech

Biopharma layoffs hit 4-year monthly high in May

Despite May’s high number, the overall number of layoff rounds reported in the second quarter was exactly the same as in 2025’s Q1.

Gabrielle Masson Jul 8, 2025 2:26pm

End of road sign on street

Oncternal sells cancer assets to mystery biotech, winds down ops

Jul 1, 2025 9:38am

cartoon of man unplugging from outlet

Adios, iTeos: Biotech folds weeks after GSK TIGIT termination

May 28, 2025 9:19am

closed shuttered shut down closed

Octagon shuts down after R&D challenges put it behind the 8 ball

Apr 29, 2025 7:40am

photo of packed boxes and and an office chair wrapped in bubble wrap

Cancer biotech Inspirna winding down

Apr 1, 2025 3:50am

photo of a sign labeled closed on a business window

Langer spinout Lyndra begins winding down, lays off staff

Mar 27, 2025 10:58am