Bay Area biotech firm IGM Biosciences, once worth billions, guts staff with 73% layoff
IGM Biosciences is laying off 100 workers as it shuts down two research projects, causing the Mountain View company's stock ...
BioSpace15d
IGM Biosciences Lays Off 73% of Staff, Shrinks Pipeline
Staff cuts could leave IGM Biosciences with fewer than 55 employees. The company is also halting development of two ...
Drug company job cuts surged last year, and this year is starting with more
The job cuts reflect the normal maturation of companies such as Alameda-based Scribe, which is moving from a preclinical to ...
Morningstar15d
IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
The Mountain View, Calif.-based company is also scrapping its IGM-2644 treatment for autoimmune diseases as part of the move. The stock market was closed Thursday for the funeral of former U.S ...
Mena FN16d
IGM Biosciences Provides Strategic Update On Autoimmunity Pipeline Programs
MOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- IGM Biosciences, Inc. (Nasdaq: IGMS), a biotechnology company committed to developing and delivering medicines to treat patients with ...
CNN4y
IGM Biosciences, Inc.
and IGM-7354, which will target the delivery of IL-15 with the goal of inducing immune cell stimulation and proliferation. The company was founded in 2010 and is headquartered in Mountain View, CA ...