Europe's Biotechs In Battle For Survival

Feeling The Pinch As Funds Dry Up

Saniona and Bone Therapeutics are the latest companies on the continent to be forced into drastic restructuring, shedding jobs and research projects to preserve rapidly dwindling cash piles.

bubble
• Source: Alamy

With the biotech bubble well and truly burst, promising European firms have joined the list of companies being forced to restructure in order to stay afloat as the cash runs out.

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