May has seen a slew of executive hires, exits and layoffs across the healthcare industry. For instance, Abridge, Highmark Health and Merck named new executives. There were also layoffs at organizations including Innovaccer, Intermountain Health and Novartis.
The San Francisco Bay Area-based company has two programs in clinical development, which aim to provide the benefits of bone marrow transplantation without the potentially fatal complications involved.
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