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Merrimack Scraps Solid Tumor Asset

Shares of Merrimack Pharmaceuticals sunk after the company announced the discontinued development of an experimental solid tumor treatment and will lay off some employees.

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Roche, Forma Cutting Jobs in Massachusetts

More than 100 Boston-area employees from two pharma companies are getting pink slips. Roche and Forma Therapeutics filed WARN notices with the state of Massachusetts.

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ASLAN, Aduro Initiate Corporate Restructuring That Includes Significant Layoffs

ASLAN Pharmaceuticals is cutting staff and initiating a corporate restructuring and strategic prioritization of the company’s clinical development programs. Aduro Biotech will institute a “strategic reset” to focus on the company’s core strengths of the discovery and development of novel product candidates in the stimulator of interferon genes and a proliferation-inducing ligand pathways.

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Two Bay Area Companies Cut Staff to Support Strategic Growth

San Francisco-based uBiome laid off about 10 percent of the company’s staff and Dublin-based Theravance Biopharma cut 50 employees as part of a focus on the execution of strategic programs.

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Five Prime Therapeutics Cuts 20 Percent of Staff as Part of Restructuring

South San Francisco-based Five Prime Therapeutics announced the elimination of 41 jobs, or about 20 percent of the company’s headcount, as part of a restructuring program.

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Pfizer Cuts 150 Jobs, Along With Broader R&D Reconfigurations

Pfizer is ending five preclinical programs in the biosimilar area and cutting 150 positions in Lake Forest, Illinois and in Chennai, India.

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AstraZeneca Lays off 210 in Colorado

AstraZeneca filed a Worker Readjustment and Retraining Notification Act (WARN) notice with the State of Colorado, indicating plans to lay off 210 people in Boulder and Longmont.

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Selecta Biosciences Restructures, Cuts 36% of Staff

Selecta Biosciences announced restructuring efforts that include reducing the Watertown, Mass.-based company’s workforce by 36 percent.

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Genentech Cutting More Jobs in Bay Area

South San Francisco-based Genentech filed with the State of California, indicating that the Roche company planned to cut 83 jobs.

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BioSpace Readers’ Picks: Top 10 Stories of 2018

Here is a look at BioSpace’s top 10 stories of 2018.

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