Arsenal Bio: Cutting Staff by Half, Not Cells

Arsenal Bio, one of the rare cell therapy companies still swimming in a sea of failed raises, just laid off nearly half its staff. In a sector where funding looks like a unicorn spotted only in biotech myths, Arsenal Bio managed to raise some capital before executing a harsh 50% staff cull. It’s like hosting a party because you found chips, then eating all the guests. This bittersweet survival dance highlights the brutal biotech winter, reminding us that while cells might fight disease, companies clearly don’t fight layoffs. Half the team out, capital precious: Arsenal Bio’s 2024 cell saga, minus the happy ending.

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Source: Statnews | Published: 9/17/2025 | Author: Jason Mast