Eli Lilly ends partnership with Foghorn Therapeutics, prompting 40% staff cut at biotech
read at Endpoints ↗DealNegative
Eli Lilly announced it is withdrawing from its collaboration with Foghorn Therapeutics on a synthetic lethality drug program.
Following the pullback, Foghorn said it will cut roughly 40% of its workforce, reflecting the loss of the partnership.
The termination reduces Foghorn’s development capacity and highlights the challenges of advancing synthetic lethality projects in the current environment.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Lilly pulls back from Foghorn's synthetic lethality work as biotech sheds 40% of staff”
read at Endpoints ↗85 words · retrieved 1h ago
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