focus -WSS

focus

author：leisure time 2025-09-27 21:26:58 - browse：9

Launching your first clinical trial is the type of announcement most biotech executives eagerly anticipate, hoping to celebrate with employees. But for Celsius Therapeutics CEO Tariq Kassum, it’s proving to be more difficult than he anticipated.

That’s because in recent days, Celsius, based in Cambridge, Mass., has been forced to conduct a round of layoffs, sources told STAT. Kassum confirmed around 75% of Celsius’ 40-person team had been laid off, and disclosed that the biotech has also been quietly paring back its pipeline this year. It shut down almost all early-stage research projects, including pausing all of its cancer drug work, in order to conserve enough cash for the Phase 1 trial it announced this week.

“It’s an incredibly bittersweet moment.… The cognitive dissonance there is just really, really hard,” Kassum told STAT. “But I do think that you’re seeing a lot of other companies doing what we are, which is, as painful as it is, to focus on the nearest term value drivers, the things that can get to patients the quickest, and make the painful decisions that allow you to live to fight another day.”

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

GET STARTED Log In

Previous article： ChatGPT in medicine: STAT answers readers' burning questions
Next article： Leon Gautier, last member of French D

knowledge

WSS

Flint parents haunted by uncertainty, fears of lead poisoning

1 dead, 9 hurt in July 4th fireworks explosion

Chicago flooding is stark reminder of vulnerability of major cities during extreme weather

Noem? Reynolds? A very early look at the Republican 'veepstakes'

Some in Scotland's Orkney Islands want to return to Norway after 550 years

CDC recommends RSV monoclonal antibody for infants

hotspot

focus

explore

Affirmative action in medical school literally saved lives

Listen: Biotech layoffs, eye drug drama, & gene therapy milestones

Biden outlines 'new path' to provide student loan relief after Supreme Court rejection

Masked assailants attack a journalist and a lawyer in Russia's Chechnya province

In age of alternative facts, a scholarly course on calling out crap

Kremlin open to talks over potential prisoner swap involving detained US reporter Evan Gershkovich

Alkermes shareholders re

NASA releases new images of 'fingerprint

How to save PrEP access — and even expand it

How to ethically and practically extend health care to all

focus

EU climate chief is concerned over the expansion of the coal industry in China

CDC recommends RSV monoclonal antibody for infants

FDA scientists endorse Pfizer/BioNTech Covid

CDC recommends RSV monoclonal antibody for infants

Russians and Belarusians back at Wimbledon as war in Ukraine continues

July 4th fireworks can be stressful for dogs. These 6 tips can keep them calm and safe

entertainment

knowledge

focus

Wikipedia