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BioWorld - Friday, April 17, 2026
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Home » Amid hard industry times, Histogen gives up as thinner Kinnate hangs on
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Amid hard industry times, Histogen gives up as thinner Kinnate hangs on

Sep. 19, 2023
By Randy Osborne
Having cast around for other routes, Histogen Inc. is throwing in the towel, its board having adopted a shutdown plan that includes the distribution of remaining cash to stockholders after a wind-down of operations. One of the company’s West Coast peers, Kinnate Biopharma Inc., had news, too. The firm disclosed the layoff of 70% of its workforce, including all employees at the Shanghai-based subsidiary Kinnjiu Biopharma Inc., leaving the outfit with 28 full timers.
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