layoffs
The next-generation sequencing newcomer is implementing a series of new strategies to cope with the macro environment and improve market penetration.
Talis Biomedical Lays Off 90 Percent of Workforce, Will Explore Strategic Alternatives
The company's board of directors has appointed a special committee of independent directors to consider a range of strategic alternatives.
GeneDx Lays off 10 Percent of Staff as Part of $40M Cost Cutting Plan, Secures $75M Debt Financing
The clinical genetic testing company also lowered its revenue guidance for 2023 and reported $53.3 million in revenues for the third quarter.
Bionano Genomics Prices $80M Financing; Announces Cost-Cutting Measures, Preliminary Q3 Revenues
The optical genome mapping company estimated Q3 preliminary revenues of around $9.2 million, at the higher end of its guidance.
Bionano Genomics Initiates New Round of Layoffs
The optical genome mapping firm has let go of around 60 employees across multiple departments after laying off about 7 percent of its workforce earlier this year.