Zealand Restructures Business to Focus on R&D and Cuts 90% of US Workforce; Samsung and JDRF T1DM Invest in Jaguar Gene Therapy
Two cardiometabolic-related news items have been observed: Zealand announced a company restructuring comprised of a shift back toward an R&D organization, a CEO transition, and a 90% US workforce reduction (listen to call investor call here); and Jaguar Gene Therapy announced Samsung Ventures and the JDRF T1D Fund have invested in the company. Below, FENIX provides highlights and insights for the respective new items.
About The Author
Matthew has been a thought leader in the high-growth therapeutic areas of diabetes and cardiovascular medicine since 2006, making regular attendance at large and small CV/met scientific meetings and an architect of novel methods for assessing market opportunities. He has over a decade of experience in leading CV/met consulting engagements, is a published author in PM360 and Diabetes Technology & Therapeutics, and has been quoted in The Pink Sheet on anti-thrombotics.
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