Innovent Biologics Closes ADC-Focused Maryland Site, Lays Off Researchers

Innovent Biologics has eliminated its entire research team at its U.S. headquarters and wet lab in Rockville, Md., and will close the facility in the near future, BioSpace has learned.

Several former employees posted on LinkedIn about the layoffs, which took place near the end of February. The site closure has not yet been completed.