Artiva Biotherapeutics halts lead cell therapy, cuts ~94% of workforce, explores strategic alternatives
Artiva Biotherapeutics (NASDAQ:ARTV) is halting further clinical development of its lead cell therapy candidate and slashing roughly 94% of its workforce, per Benzinga. The company is evaluating strategic alternatives, which could include liquidation. The crisis follows patient deaths tied to the program.
Source:
benzinga.com: https://www.benzinga.com/markets/biotech/26/10/62631388/artiva-biotherapeutics-plunges-into-crisis-over-patient-deaths-and-possible-liquidation
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