HilleVax (HLVX) to Cut 40% Staff

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HilleVax Announces Reduction in Force

July 31, 2024 4:00 PM EDT

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- HilleVax, Inc. (Nasdaq: HLVX), a clinical-stage biopharmaceutical company focused on developing and commercializing novel vaccines, today announced a workforce reduction to reduce its operating expenses. The reduction of approximately 41 employees, or approximately 40% of the companys workforce, is intended to preserve cash while maintaining core capabilities as the company explores the potential for continued development of its HIL-214 and HIL-216 norovirus vaccine candidates as well as business development-related activities for these vaccine candidates.

About HilleVax
HilleVax is a clinical-stage biopharmaceutical company focused on developing and... More