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Extended cash runway into late 2027, beyond a potentially registration-enabling azenosertib data readout from DENALI Part 2 Planned workforce reduction of approximately 40% of employees Corporate even ...

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CEO Brian Niccol said the company is changing the operating model for its retail team, which led to the shakeup.

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"This is the type of action that would cost us very little financially, but could have a profound impact on our financial health in the future," crypto bull Anthony Pompliano wrote in a LinkedIn post.