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Published 2 years ago

UPDATED: Flagship startup brings out the budget ax, chops staff and clinical plans as share price flounders

Summary by Endpoints News
One of Flagship’s startups appears to be buckling under the pressure of a steadily falling stock price. The microbiome company Kaleido Biosciences confirmed a new report that it's laying off staff, but is holding back on details, with CEO Dan Menichella telling Endpoints News in a statement: We have taken

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UPDATED: Flagship startup brings out the budget ax, chops staff and clinical plans as share price flounders

One of Flagship’s startups appears to be buckling under the pressure of a steadily falling stock price. The microbiome company Kaleido Biosciences confirmed a new report that it's laying off staff, but is holding back on details, with CEO Dan Menichella telling Endpoints News in a statement: We have taken

2 years ago
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Boston Cambridge Biotech NetworkBoston Cambridge Biotech Network

BREAKING: Flagship startup brings out the budget ax, chops staff as share price flounders – Endpoints News - Boston Cambridge Biotech Networks

One of Flag­ship’s star­tups ap­pears to be buck­ling un­der the pres­sure of a steadi­ly falling stock price. Source: BREAKING: Flagship startup brings out the budget ax, chops staff as share price flounders – Endpoints News

2 years ago
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