Ottawa-born Turnstone Biologics halting clinical studies, laying off staff

Turnstone stock image

Ottawa-born biotech startup Turnstone Biologics is halting all clinical studies, ceasing further development of its cutting-edge cancer-fighting viral treatments and exploring “strategic alternatives focused on maximizing shareholder value” that may include selling its assets, the company announced this week. Turnstone CEO Sammy Farah blamed rising manufacturing costs for the decision to shut down its remaining […]

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