Lyra Therapeutics Announces Cost-Cutting Measures to Preserve Capital
Provided By GlobeNewswire
Last update: May 21, 2024
WATERTOWN, Mass., May 21, 2024 (GLOBE NEWSWIRE) -- Lyra Therapeutics, Inc. (Nasdaq: LYRA) (“Lyra” or the “Company”), today announced that it is advancing its goal to preserve capital by implementing a layoff of approximately 75% of its workforce, in addition to other cost-cutting measures.
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