Kaleido confirms layoffs, halts planned phase 2 and appears to have ended COVID-19 program

Kaleido confirms layoffs, halts planned phase 2 and appears to have ended COVID-19 program

Source: 
Fierce Biotech
snippet: 

Kaleido Biosciences confirmed it has shrunk its workforce. The Flagship Pioneering-incubated biotech also halted work on a planned phase 2 trial in chronic obstructive pulmonary disease and terminated its agreement with the COPD Foundation, announced just five months ago.