Idorsia, Still Facing Cash Crunch, Says Cost-Reduction Effort Will Conclude In 2023

With a commercial product ramping up in the US and EU and three Phase III candidates, Idorsia is burning through cash quickly and needs more remedies beyond its 475-person headcount reduction.

Financial woes
Idorsia's cash woes have continued despite July cost-cutting effort • Source: Shutterstock

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