other_material
confidence high
sentiment negative
materiality 0.85
Jasper Therapeutics cuts workforce ~50%, halts non-urticaria programs; CMO departs
Jasper Therapeutics, Inc.
- Workforce reduction of ~50% and halting of all non-chronic urticaria programs.
- Estimated $1.8M-$2.2M in severance cash expenditures through Q3 2025.
- CMO Edwin Tucker departs effective Aug 1, 2025; receives 12 months base salary and COBRA.
- Dr. Daniel Adelman appointed Acting Chief Medical Officer effective Aug 1, 2025.
- Focus on briquilimab in CSU/CIndU; data from BEACON/SPOTLIGHT expected later this year.
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