Remove Layoffs Remove Marketing Remove Study Remove Technical Review
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Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News

Xconomy

After last week’s revelation of three patient deaths in its leading cancer immunotherapy trial, the FDA suspended the study. All eyes are on Holmes, who is scheduled to present data from the company’s technology at a medical conference on August 1. Sarepta’s drug is currently under an FDA review.

News 40
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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

You need to: study the rules, make sure that you don’t violate the “affiliate rule” (more later), consult with your Company Counsel, consult with your board and investors and then make your own determination. If you do massive layoffs (RIFs) you can assume that you will need to repay your loan since the intent of the loan is to protect jobs.