Biochemical Engineering

Achilles drops cell therapy program, braces for layoffs

Achilles drops cell therapy program, braces for layoffs

19th September 2024

Achilles Therapeutics has torn up its strategy. The British biotech is stopping work on its clinical-phase cell therapy, looking into deals with groups working on other modalities and preparing to lay off staff. Achilles has decided to stop development of its TIL-based therapy and close two phase 1/2a trials. CEO Iraj Ali, Ph.D., said the “studies in lung cancer and melanoma have not met our goals for commercial viability.” Source: Fierce Biotech 19/9/2024


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