After Laying Off Most of its Staff, AxCell Sees its Future in Virtual Drug Discovery | GenomeWeb

After failing to snag any revenue-generating collaborations with private-sector partners, AxCell Biosciences has scaled back its effort. Earlier this month the Newtown, Penn.-based provider of protein-protein interaction data laid off 14 of its 20 employees and resigned itself to pursuing drug discovery through its academic collaborators — what AxCell interim CEO Michael Becker refers to as a “virtual drug-discovery model.”

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