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2seventy Bio

All articles tagged with #2seventy bio

healthcare2 years ago

FDA Delays Decision on Bristol Myers and 2seventy Bio's CAR-T Therapy

The FDA has delayed its decision on whether to approve Bristol Myers Squibb and 2seventy bio's CAR-T cell therapy for multiple myeloma in earlier lines of treatment. The regulator plans to hold a public meeting with outside experts to discuss the therapy, which was originally expected to receive a decision by December 16. Currently, the therapy is approved for multiple myeloma patients who have previously had four or more lines of treatment.

business2 years ago

"Bluebird Bio spinout, 2Seventy Bio, undergoes restructuring and layoffs as cell therapy struggles"

Biotech spinout 2Seventy Bio, which was formed from the split of Bluebird Bio, announced significant cost cuts including a 40% reduction in its workforce and reduced funding for certain drug candidates. The company's CEO, Nick Leschly, will be departing as part of the restructuring. The cuts are aimed at extending the company's cash runway into 2026.