Seres Therapeutics Cuts Workforce by 30% and Shifts Focus to Early-Stage Programs

Reuters
Feb 12
Seres <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Cuts Workforce by 30% and Shifts Focus to Early-Stage Programs

Seres Therapeutics Inc. announced a corporate reorganization that includes pausing additional investment in its SER-155 Phase 2 study for allogeneic hematopoietic stem cell transplant (allo-HSCT) and shifting operational focus to earlier-stage pipeline programs targeting inflammatory and immune diseases. As part of the reorganization, the company will implement a workforce reduction of approximately 30% to reduce operating costs. These measures are expected to extend Seres' cash runway through the third quarter of 2026, while the company continues to seek funding for the SER-155 Phase 2 study and explores potential collaborations.

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