This story first appeared in The Readout newsletter. Sign up for The Readout and receive STAT’s award-winning biotech news delivered straight to your inbox.
Hello! Today, we talk about how much dang money some CEOs still make, despite the slowdown in the biotech industry. We also see Dupixent approved for a huge new indication, and more.
Prime Medicine narrows targets, gets cash influx
The high-profile CRISPR editing company Prime Medicine is in a financial crunch, and is scaling back on once-ambitious plans. The company originally targeted 18 diseases, but now will focus on just three: chronic granulomatous disease, Wilson’s disease, and cystic fibrosis.
This article is exclusive to STAT+ subscribers
Unlock this article — plus in-depth analysis, newsletters, premium events, and news alerts.
Already have an account? Log in
To submit a correction request, please visit our Contact Us page.