Health

Biotech Company Closes After Funding Failure

Updated 2026-10-07 08:40 UTC 1 source Negative

Caribou Biosciences, a biotech company co-founded by Jennifer Doudna, is shutting down due to insufficient funding for its clinical trial. The closure highlights challenges in late-stage biotech development.

Coverage timeline — 2 articles
STAT News
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2026-10-07 08:30 UTC
STAT News
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