Chroma Medicine Cuts Jobs to Propel Epigenetic Drug Trials

May 2, 2024
Chroma Medicine Cuts Jobs to Propel Epigenetic Drug Trials
  • Chroma Medicine, a Boston-based biotech startup, has conducted layoffs as part of a strategic shift.

  • The company is preparing to move its first epigenetic editors into human testing.

  • Chroma's drugs are designed to alter gene expression via methylation, without altering the DNA itself.

  • Since launching in 2021, Chroma has secured over $250 million in funding, with a significant $135 million from a Series B round last year.

  • The layoffs are seen as a realignment of resources to focus on the company's progression into clinical development.

Summary based on 1 source


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