Layoffs at Life Science, Dx Firms Continue as Thermo Fisher Scientific, Natera Shrink Payrolls
In 2023, Thermo Fisher has laid off nearly 400 California employees at sites associated with Mesa Biotech, acquired in 2021 for $450 million in cash.
OraSure Technologies Restructures Business as Q4 Revenues Nearly Double
The company is combining its Molecular Solutions and Diagnostics business units, a move that is expected to save it about $15 million annually.
Guardant Health Lays off 7 Percent of Workforce
In a statement, Guardant Health cited the need to balance innovation with "financial discipline and focused execution" in the current economic environment.
Lucid Diagnostics Lays Off 20 Percent of Workforce in Business Reprioritization
The PAVmed subsidiary is also streamlining its product portfolio and implementing other cost-cutting measures to lower its quarterly cash burn.
Biocept to Lay Off 35 Percent of Staff, Explore Strategic Alternatives
The company is hoping to preserve its cash runway and find a way to derive some value for its shareholders from its cerebrospinal fluid assay CNSide.