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Bay Area's CARGO Therapeutics Cuts Workforce by 90%, Halts Drug Development Amid Financial Struggles
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Bay Area's CARGO Therapeutics Cuts Workforce by 90%, Halts Drug Development Amid Financial Struggles

Nina Singh-Hudson
About 16 hours ago

CARGO Therapeutics is downsizing staff and pausing drug development after a failed Phase 2 study, with Anup Radhakrishnan appointed as interim CEO. The company's value has dropped significantly.

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