-+ 0.00%
-+ 0.00%
-+ 0.00%

Molecular Partners Plans Up to 55 Job Cuts

MT Newswires·10/29/2026 12:55:03
Listen to the news
12:55 PM EDT, 10/29/2026 (MT Newswires) -- Molecular Partners (MOLN.SW) plans to cut up to 55 jobs, representing 44% of its current workforce, in light of its strategic focus on radiopharmaceuticals, according to a Thursday release. The clinical-stage biotechnology company has informed the Office for Economic Affairs of Kanton Zürich of its plan and has initiated a consultation process with employees in accordance with Swiss employment law. Molecular Partners expects to fully implement the changes by the second quarter of 2027, with cost reductions set to be fully effective early in the second half of the same year.