After its anti-amyloid antibody birtamimab missed its primary endpoint in the Phase III AFFIRM-AL trial, Prothena is evaluating business options that include an “expected substantial workforce reduction,” the company announced May 23. The biotech will provide more details regarding the strategic review in June. Prothena in May announced that it would no longer invest in the development of its anti-amyloid antibody birtamimab after it failed the Phase III AFFIRM-AL trial in patients with AL amyloidosis.
All entries for: Prothena - Bresbane
May 27, 2025
Prothena - Bresbane
Layoffs
Bresbane, CA
51-200 employees
Disease Area: Multiple, Neurological Diseases, Rare Diseases
Drug Type: Biologic, Small Molecule