Calithera flunks phase 2 cancer trial, axes 35% of staff

Calithera flunks phase 2 cancer trial, axes 35% of staff

Source: 
Fierce Biotech
snippet: 

A phase 2 clinical trial of Calithera Biosciences’ telaglenastat in renal cell carcinoma has missed its primary endpoint. The failure of the glutaminase inhibitor to improve progression-free survival (PFS) prompted Calithera to lay off 35% of its staff to stretch its cash reserves beyond future readouts.