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Artiva halts cell therapy after two patient deaths

Original: artiva

Artiva Biotherapeutics is discontinuing its cell therapy program after two patient deaths in trials, Reuters reports. The company will also cut its workforce by 94%, a drastic downsizing that effectively winds down its main pipeline. The deaths and near-total staff reduction make the survival of the clinical-stage biotech highly uncertain.

Why now: Two patient deaths and a 94% workforce cut are dramatic news for a clinical-stage biotech, raising questions about trial safety and the company's future.

Artiva BiotherapeuticsReuters

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