Jounce dumps Redx Pharma for acquisition by Concentra; to cut 84% of jobs

Jounce dumps Redx Pharma for acquisition by Concentra; to cut 84% of jobs

Submitted by admin on March 28, 2023 - 10:18am
Source: 
Yahoo/Reuters
News Tags: 
Jounce Therapeutics
M&A
Concentra Biosciences
layoffs
Headline: 
Jounce dumps Redx Pharma for acquisition by Concentra; to cut 84% of jobs
snippet: 

Jounce Therapeutics Inc on Monday agreed to be acquired by privately held Concentra Biosciences for $96.46 million, while spurning a merger deal with British biotech firm Redx Pharma.

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