Adaptimmune announced last month it also plans to reduce its workforce by 33% to restructure and break even in 2027.
Manufacturing specialists work in a processing room at Adaptimmune in September. The Navy Yard biotech recently administered its first commercial dose of its signature therapy, Tecelra, and announced it was laying off one-third of its staff.A local biotech company with a new approach to cancer recently administered the first commercial dose of its signature therapy to a patient and announced it was laying off one-third of its staff.
Adaptimmune, based in the Navy Yard, manufactures Tecelra, the first therapy that uses patients’ own modified cells to attack a solid tumor. Similar therapies such as CAR-T (approved by the U.S. Food and Drug Administration to treat a solid tumor — synovial sarcoma, a relatively rare form of cancer that affects muscles and ligaments.
“We are focused now on reaching as many eligible synovial sarcoma patients as possible with this onetime infusion treatment as well as advancing our broader sarcoma franchise as we aim to ultimately redefine the way cancer is treated,” Adrian Rawcliffe, Adaptimmune’s chief executive officer, said in a statement.
The news came on the heels of the company’s announcement last month that it was planning to reduce its 500-plus workforce by 33%, with the “These updates will enable the business to focus on our areas of greatest priority,” Rawcliffe said in a statement to The Inquirer. “With these strategic moves, we are confident that Adaptimmune is positioned for long-term success.”
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