Sanofi axes IGM pact, sparking 80% layoffs at the biotech and facility closures

Sanofi has scrapped its collaboration with IGM Biosciences, eliminating the biotech’s last program in the process. IGM responded by laying off 80% of its staff and closing most of its lab and office facilities.

May 9, 2025 - 12:37
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Sanofi axes IGM pact, sparking 80% layoffs at the biotech and facility closures
Sanofi has scrapped its collaboration with IGM Biosciences, eliminating the biotech’s last program in the process. IGM responded by laying off 80% of its staff and closing most of its lab and office facilities.