Apellis to lay off 25% of staff, trim research in major restructuring

cafead

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  • cafead   Aug 29, 2023 at 11:52: AM
via Apellis Pharmaceuticals is laying off one quarter of its workforce in an overhaul of its business designed to focus resources on a newly approved vision loss drug.

The job cuts announced Tuesday will affect about 225 employees. The company’s field-based sales staff and medical employees are “minimally affected” by the reorganization, which will be completed during the third quarter, Apellis said.

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