{"id":11350,"date":"2026-09-17T19:08:21","date_gmt":"2026-09-17T16:08:21","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2026\/09\/17\/a-biotech-company-had-268-million-in-cash-after-a-failed-drug-trial-it-announced-a-46-percent-workforce-cut\/"},"modified":"2026-09-17T19:08:21","modified_gmt":"2026-09-17T16:08:21","slug":"a-biotech-company-had-268-million-in-cash-after-a-failed-drug-trial-it-announced-a-46-percent-workforce-cut","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2026\/09\/17\/a-biotech-company-had-268-million-in-cash-after-a-failed-drug-trial-it-announced-a-46-percent-workforce-cut\/","title":{"rendered":"A Biotech Company Had $268 Million in Cash. After a Failed Drug Trial, It Announced a 46 Percent Workforce Cut"},"content":{"rendered":"<p>The biotech company is downsizing to fund another trial after a drug showed no meaningful benefit. The move comes just a year after its IPO. <\/p>","protected":false},"excerpt":{"rendered":"<p>The biotech company is downsizing to fund another trial after a drug showed no meaningful benefit. The move comes just a year after its IPO.<\/p>\n","protected":false},"author":1,"featured_media":11351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[1],"tags":[],"class_list":["post-11350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-explore"],"_links":{"self":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/11350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/comments?post=11350"}],"version-history":[{"count":0,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/11350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media\/11351"}],"wp:attachment":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media?parent=11350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/categories?post=11350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/tags?post=11350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}