Table 1 is a summary of all the layoffs in the biotech industry so far in 2023. Data source: Biopharma Layoff Tracker 2023 on Biospace1.
Month | Date | Company | Company Size | Layoff # | Layoff % |
Jan | Jan-4 | Y-mAbs Therapeutics | 100-1000 | N/A | 35% |
Jan-5 | Century Therapeutics | 100-1000 | N/A | 25% | |
Jan-6 | Elevation Oncology | 1-100 | N/A | 30% | |
Jan-9 | Calithera Biosciences | 100-1000 | N/A | most | |
Jan-9 | Editas Medicine | 100-1000 | N/A | 20% | |
Jan-11 | Verily Life Sciences | >1000 | >200 | 15% | |
Jan-11 | Abzena | 100-1000 | 66 | N/A | |
Jan-12 | Akili Interactive Labs | 100-1000 | 46 | 30% | |
Jan-19 | ReNeuron | 1-100 | N/A | 40% | |
Jan-23 | EMD Serono | >1000 | 133 | N/A | |
Jan-24 | Finch Therapeutics | 100-1000 | N/A | 95% | |
Jan-30 | Quince Therapeutics | 1-100 | N/A | 47% | |
Jan-30 | Amgen | >1000 | 300 | N/A | |
Jan-31 | Instil Bio | 100-1000 | to 15 | N/A | |
Jan-31 | Inovio | 100-1000 | N/A | 11% | |
Feb | Feb-1 | Evelo Biosciences | 1-100 | unspecified | N/A |
Feb-3 | Eisai Inc. | >1000 | 91 | N/A | |
Feb-3 | Vyant Bio | 1-100 | unspecified | N/A | |
Feb-3 | Medicago | 1-100 | shut doors | N/A | |
Feb-6 | Thermo Fisher Scientific | >1000 | 230 | N/A | |
Feb-6 | Magenta Therapeutics | 1-100 | 56 | 84% | |
Feb-8 | Aligos Therapeutics | 1-100 | N/A | 25% | |
Feb-9 | Eliem Therapeutics | 1-100 | N/A | 55% | |
Feb-13 | Frequency Therapeutics | 1-100 | N/A | 55% | |
Feb-15 | Grifols | >1000 | 2000 | N/A | |
Feb-21 | National Resilience | >1000 | 213 | N/A | |
Feb-21 | Aileron Therapeutics | 1-100 | 6 | N/A | |
Feb-22 | Graphite Bio | 100-1000 | N/A | 50% | |
Feb-22 | Impel Pharmaceuticals | 100-1000 | N/A | 16% | |
Feb-22 | Jounce Therapeutics | 100-1000 | N/A | 57% | |
Feb-24 | ObsEva | 1-100 | several | N/A | |
Feb-28 | Theravance Biopharma | 100-1000 | N/A | 17% | |
Mar | Mar-1 | Novo Nordisk | >1000 | 86 | N/A |
Mar-1 | G1 Theapeutics | 100-1000 | N/A | 30% | |
Mar-6 | atai Life Sciences | 100-1000 | N/A | 30% | |
Mar-6 | Coherus BioSciences | 100-1000 | 60 | N/A | |
Mar-7 | Thermo Fisher Scientific | >1000 | 154 | N/A | |
Mar-8 | Neuleukin THerapeutics | 1-100 | N/A | 70% | |
Mar-9 | Olema Oncology | 1-100 | N/A | 25% | |
Mar-15 | Vaxart, Inc | 100-1000 | N/A | 27% | |
Mar-16 | Amgen | >1000 | 450 | N/A | |
Mar-20 | Ferring pharmaceuticals | >1000 | 89 | N/A | |
Mar-20 | Evofem Biosciences | 1-100 | 8 | N/A | |
Mar-23 | EMD Serono | >1000 | 6 | N/A | |
Mar-23 | Genentech, Inc | >1000 | 271 | N/A | |
Mar-28 | Alector | 100-1000 | 30 | N/A | |
Mar-28 | Applied Molecular Transport, Inc. | 1-100 | N/A | 57% | |
Mar-28 | Satsuma Pharmaceuticals | 1-100 | N/A | 36% | |
Mar-28 | 9 Meters Biopharma | 1-100 | N/A | 50% | |
March 31 | Molecular Templates | 100-1000 | N/A | 50% | |
Apr | Apr-3 | NGM Biopharmaceuticals | 100-1000 | 75 | 33% |
Apr-6 | Thermo Fisher Scientific | >1000 | 113 | N/A | |
Apr-6 | LumiraDx | 100-1000 | N/A | 40% | |
Apr-7 | Pear Therapeutics | 100-1000 | 170 | 92% | |
Apr-10 | Biogen | >1000 | unspecified | N/A | |
Apr-12 | Aeglea Biotherapeutics | 1-100 | to 10 | N/A | |
Apr-12 | Oncocyte Corporation | 1-100 | N/A | 20% | |
Apr-14 | Talaris Therapeutics | 1-100 | 80 | 95% | |
Apr-17 | Emerald Cloud Lab | 100-1000 | 30 | N/A | |
Apr-17 | Nektar Therapeutics | 100-1000 | N/A | 60% | |
Apr-20 | Foundation Medicine, Inc | >1000 | 135 | N/A | |
Apr-20 | Enzyvant Therapeutics | 1-100 | 20 | N/A | |
Apr-26 | Thermo Fisher Scientific | >1000 | 218 | N/A | |
Apr-26 | Sangamo Therapeutics | 100-1000 | 120 | 27% | |
Apr-26 | Evelo Biosciences | 1-100 | unspecified | N/A | |
Apr-27 | Transplant Genomics | 1-100 | 9 | N/A | |
Apr-27 | Sumitomo | >1000 | 122 | N/A | |
Apr-27 | Cepheid | >1000 | 625 | N/A | |
Apr-27 | Care Access | 100-1000 | N/A | 50% | |
May | May-3 | Zymergen | 100-1000 | 27 | N/A |
May-4 | Selecta Biosceinces | 1-100 | N/A | 25% | |
May-8 | Takeda | >1000 | 186 | N/A | |
May-8 | Bristol Myers Squibb | >1000 | 48 | N/A | |
May-8 | EQRx | 100-1000 | 170 | N/A | |
May-8 | Mammoth Biosciences | 100-1000 | 35 | N/A | |
May-9 | Novavax | >1000 | 500 | 25% | |
May-9 | Gossamer Bio | 100-1000 | N/A | 25% | |
May-9 | ADC Therapeutics | 100-1000 | 54 | 17% | |
May-10 | Roche | >1000 | 165 | N/A | |
May-11 | Adaptive Phage Therapeutics, Inc. | 1-100 | 22 | 23% | |
May-16 | GeneDx | >1000 | 19 | N/A | |
May-19 | Urovant Sciences | 100-1000 | 22 | N/A | |
May-23 | Affimed | 100-1000 | N/A | 25% | |
May-24 | Takeda | >1000 | 27 | N/A | |
May-24 | PTC Therapeutics, Inc. | >1000 | N/A | 8% | |
May-31 | Rain Oncology | 1-100 | N/A | 65% | |
Jun | Jun-2 | Oncorus | 1-100 | 55 | N/A |
Jun-2 | Roche | >1000 | unspecified | N/A | |
Jun-2 | Catalent | >1000 | 150 | N/A | |
Jun-5 | GreenLight Biosciences | 100-1000 | 96 | N/A | |
Jun-12 | Rejuvenate Bio | 1-100 | unspecified | N/A | |
Jun-14 | Encoded Therapeutics | 100-1000 | N/A | 10% | |
Jun-20 | Thermo Fisher Scientific | >1000 | 88 | N/A | |
Jun-20 | Molecular Templates | 100-1000 | N/A | 44% | |
Jun-20 | Twist Bioscience | 100-1000 | 212 | N/A | |
Jun-21 | Nutcracker Therapeutics | 1-100 | 12 | N/A | |
Jun-22 | Federation Bio | 1-100 | unspecified | N/A | |
Jun-26 | Intercept Pharmaceuticals | 100-1000 | N/A | 33% | |
Jun-27 | Illumina | >1000 | unspecified | N/A | |
Jun-30 | Bellerophon Therapeutics | 1-100 | substantially all | N/A | |
Jun-30 | Eiger BioPharmaceuticals | 1-100 | N/A | 25% | |
Jul | Jul-5 | Zymergen | 100-1000 | 3 | N/A |
Jul-6 | Sumitomo Pharma America | >1000 | 62 | N/A | |
Jul-7 | TrueBinding | 100-1000 | unspecified | N/A | |
Jul-7 | Galvanize Therapeutics | 100-1000 | unspecified | N/A | |
Jul-12 | Capsida Biotherapeutics | 1-100 | unspecified | maybe 25% | |
Jul-12 | Sagent Pharmaceuticals | 100-1000 | 81 | N/A | |
Jul-12 | AVROBIO | 100-1000 | N/A | 50% | |
Jul-12 | Theratechnologies | 1-100 | unspecified | N/A | |
Jul-12 | BAKX Therapeutics | 1-100 | almost all | N/A | |
Jul-19 | Amgen | >1000 | 4 | N/A | |
Jul-19 | FibroGen | 100-1000 | 104 | 32% | |
Jul-19 | Amarin Corporation PLC | 100-1000 | all sales in US, 30% non-sales roles | ||
Jul-19 | Pieris Pharmaceuticals | 100-1000 | N/A | 70% | |
Jul-21 | Illumina | >1000 | 151 | N/A | |
Jul-21 | Eliem Therapeutics | 1-100 | unspecified | N/A | |
Jul-21 | Idorsia | >1000 | 500 | N/A | |
Jul-21 | Codexis | 100-1000 | N/A | 25% | |
Jul-21 | Passage Bio | 100-1000 | N/A | 26% | |
Jul-24 | Heron Therapeutics | 100-1000 | N/A | 25% | |
Jul-25 | Biogen | >1000 | 1000 | 11% | |
Jul-25 | Infinity Pharmaceuticals | 1-100 | 21 | 78% | |
Jul-27 | Mersana Therapeutics | 100-1000 | N/A | 50% | |
Jul-28 | Homology Medicines | 100-1000 | N/A | 87% | |
Jul-28 | Ribon Therapeutics | 1-100 | unspecified | N/A | |
Aug | Aug-2 | SterRx | 100-1000 | 161 | N/A |
Aug-2 | Charles River Laboratories | >1000 | 55 | N/A | |
Aug-2 | Intergalactic Therapeutics | 1-100 | all | N/A | |
Aug-2 | Karyopharm Therapeutics | 100-1000 | 80 | 20% | |
Aug-3 | Celsius Therapeutics | 1-100 | 67% | ||
Aug-8 | Curebase | 100-1000 | unspecified | N/A | |
Aug-8 | Emergent BioSolutions | >1000 | 400 | N/A | |
Aug-8 | Salarius Pharmaceuticals | 1-100 | N/A | >50% | |
Aug-9 | INOVIO Pharmaceuticals | 100-1000 | 58 | N/A | |
Aug-9 | Galera Therapeutics | 1-100 | N/A | 70% | |
Aug-10 | Atreca | 100-1000 | N/A | 40% | |
Aug-14 | Bristol Myers Squibb | >1000 | 108 | N/A | |
Aug-14 | BioXcel Therapeutics | 100-1000 | 110 | N/A | |
Aug-15 | Alaunos Therapeutics | 1-100 | N/A | 60% | |
Aug-15 | Thermo Fisher Scientific | >1000 | 205 | N/A | |
Aug-18 | BlueRock Therapeutics | 100-1000 | 50 | 12% | |
Aug-22 | Aravive | 1-100 | 23 | 70% | |
Aug-22 | Lava Therapeutics | 1-100 | N/A | 36% | |
Aug-23 | Novartis | >1000 | 103 | N/A | |
Aug-24 | Agenus | 100-1000 | N/A | 25% | |
Aug-24 | Pfizer | >1000 | 69 | N/A | |
Aug-29 | Apellis Pharmaceuticals | 100-1000 | 225 | 25% | |
Aug-31 | Sage Therapeutics | 100-1000 | N/A | 40% | |
Aug-31 | Sana Biotechnology | 100-1000 | unspecified | N/A | |
Aug-31 | Nexlmmune | 1-100 | 25 | 53% | |
Sep | Sep-5 | Infinity Pharmaceuticals | 1-100 | 6 | N/A |
Sep-6 | CSL Vifor | 100-1000 | 85 | N/A | |
Sep-11 | Enlivex Therapeutics | 1-100 | N/A | 50% | |
Sep-12 | 2seventy bio | 100-1000 | 176 | 40% | |
Sep-15 | Lyndra Therapeutics | 100-1000 | N/A | 25% | |
Sep-18 | Kinnate Biopharma | 1-100 | N/A | 70% | |
Sep-18 | Histogen | 1-100 | most | N/A | |
Sep-19 | Fresh Tracks Therapeutics | 1-100 | most | N/A | |
Sep-19 | NightHawk Biosciences | 1-100 | 13 | 14% | |
Sep-22 | ImmunityBio | 100-1000 | 48 | N/A | |
Sep-26 | Poxel | 1-100 | 22 | N/A | |
Sep-26 | AM-Pharma | 1-100 | unspecified | N/A | |
Sep-26 | Galecto | 1-100 | 30 | 70% | |
Sep-28 | PTC Therapeutics, Inc. | >1000 | N/A | 25% | |
Oct | Oct-2 | Syros Pharmaceuticals | 100-1000 | N/A | 35% |
Oct-3 | Kezar Life Sciences | 1-100 | N/A | 41% | |
Oct-5 | uniQure | 100-1000 | 114 | 20% | |
Oct-5 | Atsena Therapeutics | 1-100 | unspecified | N/A | |
Oct-7 | Eikon Therapeutics | 100-1000 | unspecified | N/A | |
Oct-9 | Biogen | >1000 | 113 | N/A | |
Oct-11 | Sana Biotechnology | 100-1000 | 120 | 29% | |
Oct-13 | Pfizer | >1000 | unspecified | N/A | |
Oct-16 | Nkarta | 100-1000 | 18 | 10% | |
Oct-19 | Beam Therapeutics | 100-1000 | 100 | 20% | |
Oct-24 | Idorsia Pharmaceuticals | >1000 | 475 | N/A | |
Oct-24 | BrainStorm Cell Therapeutics | 1-100 | N/A | 30% | |
Oct-24 | Amgen | >1000 | 350 | N/A | |
Oct-26 | ElevatedBio | 100-1000 | N/A | 13% |
Reference: