Molecular Partners to cut jobs, cash reach now anticipated to extend into 2028

June 10, 2025 01:03 AM PDT | By EODHD

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Molecular Partners to cut jobs, cash reach now anticipated to extend into 2028 — Image source: Kalkine Media

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Molecular Partners (NASDAQ:MOLN [https://seekingalpha.com/symbol/MOLN]) said that it has performed a strategic review of its current operations and headcount, with the objectives of increased efficiency in the organization and to sharpen the focus on advancing its clinical assets. As a result of this review, the company has informed the Amt für Wirtschaft of Kanton Zürich (Office for Economic Affairs) of its intention to reduce its current workforce by no more than 40 positions, representing a potential of ~24% of all positions. Cash reach is now anticipated to extend into 2028. Source: Press Release [https://seekingalpha.com/pr/20130968-molecular-partners-announces-planned-operational-efficiencies-and-extension-of-cash-runway] MORE ON MOLECULAR PARTNERS * Molecular Partners: Sluggish Progress But Worth Monitoring (Rating Downgrade) [https://seekingalpha.com/article/4785881-molecular-partners-stock-sluggish-progress-worth-monitoring-rating-downgrade] * Molecular Partners reports Q1 results [https://seekingalpha.com/news/4449481-molecular-partners-reports-q1-results] * Seeking Alpha’s Quant Rating on Molecular Partners [https://seekingalpha.com/symbol/MOLN/ratings/quant-ratings] * Historical earnings data for Molecular Partners [https://seekingalpha.com/symbol/MOLN/earnings] * Financial information for Molecular Partners [https://seekingalpha.com/symbol/MOLN/income-statement]

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