Lykos Therapeutics, still reeling from US Food and Drug Administration rejection of the company’s capsule formulation of the psychedelic drug midomafetamine for the treatment of post-traumatic stress disorder (PTSD), announced a reorganization plan on 15 August that includes a 75% workforce reduction.
The company’s remaining staff and newly recruited senior medical advisor David Hough will focus on clinical development, medical affairs and...
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