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home / news releases / NLTX - Neoleukin Therapeutics to cut 70% workforce CEO steps down


NLTX - Neoleukin Therapeutics to cut 70% workforce CEO steps down

2023-03-09 02:46:49 ET

  • Biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, Neoleukin Therapeutics ( NASDAQ: NLTX ) to reduce workforce by ~70%.
  • The company expects this reduction in force to be completed during H1 2023.
  • CEO Jonathan Drachman, M.D., will also be stepping down after a short transition.
  • Stock price trades 33% above market close on Wednesday.

For further details see:

Neoleukin Therapeutics to cut 70% workforce, CEO steps down
Stock Information

Company Name: Neoleukin Therapeutics Inc.
Stock Symbol: NLTX
Market: NYSE

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