IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%

Jan 10, 2025 - 03:30
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IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.

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