IO Biotech Cuts Workforce Amid Strategic Review

Reuters

Jan 30

<a href="https://laohu8.com/S/IOBT">IO Biotech</a> Cuts Workforce Amid Strategic Review

IO Biotech Inc., a clinical-stage biopharmaceutical company developing immune-modulatory cancer vaccines, has announced a corporate reorganization as part of its ongoing exploration of strategic alternatives. The company is implementing cost-containment and cash conservation measures, including a significant reduction in its workforce, to reduce operating expenses. IO Biotech has also engaged Raymond James & Associates, Inc. as its exclusive financial advisor to assist in this process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IO Biotech Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9646123) on January 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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