A quartet of biotechs lay off staff

Today’s Big News

Mar 27, 2025

RFK Jr. cuts 4,700 FDA and NIH jobs as HHS eliminates ‘an entire alphabet soup of departments’


Senior NIH leader Tara Schwetz put on leave: Stat


Nkarta lays off 3rd of staff, including CFO, to fund autoimmune CAR NK program


Arbutus jettisons 57% of staff, ceases in-house research


Despite raising $1B over past 5 years, ElevateBio lets go of 17% of workforce


Langer spin-out Lyndra Therapeutics begins winding down operations, lays off staff


Alcon gains upper hand in Aurion power struggle via majority stake, removing CEO


Equillium misses primary endpoint, plus 2 key secondaries, but still plans approval filing


Candel’s lung cancer survival data light path toward pivotal trial in subpopulation


FDA’s novel medical device clearances slow to a crawl 

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Featured

RFK Jr. cuts 4,700 FDA and NIH jobs as HHS eliminates ‘an entire alphabet soup of departments’

The federal government is cutting 3,500 full-time FDA employees and 1,200 NIH workers as part of an overarching move designed to eliminate 10,000 jobs in the Department of Health and Human Services.
 

Top Stories

Senior NIH leader Tara Schwetz put on leave: Stat

Tara Schwetz, Ph.D., a deputy director at the National Institutes of Health and overseer of ARPA-H's creation, has reportedly been put on administrative leave in the latest shake-up to the health agency’s leadership.

Nkarta lays off 3rd of staff, including CFO, to fund autoimmune CAR NK program

Nkarta is laying off a third of its employees, including half of the biotech’s executive leadership, as the company diverts cash to its lead CAR NK candidate.

Arbutus jettisons 57% of staff, ceases in-house research

Arbutus Biopharma is stripping its workforce back to just a “core team” needed to oversee mid-stage trials of the biotech's potential functional cure for hepatitis B.

Despite raising $1B over past 5 years, ElevateBio lets go of 17% of workforce

Cell- and gene-therapy-focused ElevateBio has let go of 17% of staffers as part of the company’s second layoff round since raising $401 million nearly two years ago.

Langer spin-out Lyndra Therapeutics begins winding down operations, lays off staff

Lyndra Therapeutics, which spun out of Moderna co-founder Robert Langer’s lab at the Massachusetts Institute of Technology in 2015, is winding down operations this week, a person with knowledge of the situation told Fierce Biotech.

Alcon gains upper hand in Aurion power struggle via majority stake, removing CEO

Eye care giant Alcon appears to have gained the upper hand in the ongoing power struggle with Aurion Biotech by securing a majority stake in the clinical-stage biotech and replacing its CEO.

Equillium misses primary endpoint, plus 2 key secondaries, but still plans approval filing

Equillium’s phase 3 graft-versus-host disease trial has missed its primary endpoint and two key secondary objectives. But the biotech brushed off the setback, highlighting other secondary endpoints and post hoc analyses to make the case it could file for FDA approval next year.

Candel’s lung cancer survival data light path toward pivotal trial in subpopulation

Candel Therapeutics has identified a subpopulation of lung cancer patients living longest on its oncolytic virus, leading the biotech to narrow its focus as it heads towards a potentially registrational trial.

FDA’s novel medical device clearances slow to a crawl

According to the FDA’s public database, since the start of this year the agency has issued only two de novo clearances, far below its quarterly average.

RFK Jr. prepares 10,000 more job cuts across HHS, outlines office consolidations

The administration will also consolidate offices and create a new Administration for a Healthy America.

Kardigan weaves heart health tech firm Prolaio into cardio R&D fabric

Cardio-focused company Kardigan is sewing a new digital data platform into its R&D patchwork through the acquisition of heart health tech firm Prolaio.

Merck lays out subcutaneous Keytruda data in lung cancer amid patent brawl with Halozyme

Merck & Co.’s subcutaneous formulation of Keytruda has matched up to the original intravenous version on two blood concentration measurements, paving way for a potential FDA approval that could give patients a more convenient option of the widely used cancer drug.
 
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