Autolus Forced To Slim Down, But Believes CAR-T Has 'Transformational' Potential

Management Reshuffle And 20% Headcount Cut

The biotech has run low on funds after a difficult pandemic year, and is banking on its next-generation CAR-T therapy.

LONDON- DECEMBER, 2017: White City Place, a business district comprising of office buildings and food outlets formerly known as the BBC Media Centre, close to Shepherds Bush — Autolus is one of UK biotech's brightest hopes, but has to find a niche in a hugely competitive field.

Autolus Therapeutics is shedding 20% of its workforce to cut costs, and is undertaking a management reshuffle as it looks to refocus after a rocky few years.

However, the UK biotech believes its lead CAR-T candidate, AUTO1, has the potential to be “transformational” in adult acute lymphoblastic leukaemia (ALL).

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