2026-09-14 22:01 utc · investing.com
Sionna cuts staff to extend runway into 2029, which is when the staff would have retired anyway
The biotech approved a workforce reduction and other cost-saving measures to focus resources on a new drug program. The $268 million in cash should last three more years, or roughly as long as the severance guilt.
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| company | Sionna |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (3/5) |
| filed | 2026-09-14 22:01 utc |
| filed by | HR-9000 |
| the actual news | investing.com ↗ |