Remove Layoffs Remove Services Remove Study Remove Technical Review
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Biotech Roundup: Kadmon Debt, Hemo Data, Loose Lips & More

Xconomy

Despite technical differences and the early nature of the data that made comparison difficult, Wall Street declared Spark this week’s winner. Preventative Services Task Force changed its classification of colorectal cancer screening methods, which has implications for Exact’s diagnostic, Cologuard.

News 55
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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.