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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