Insitro, the closely watched AI biotech founded by the Stanford professor and entrepreneur Daphne Koller, said Thursday it was laying off 22% of its staff, or around 60 people.
It’s part of a series of cuts that have hit well-backed startups over the last couple years, amid a prolonged downturn in biotech fundraising. A few startups have shut down altogether. Others have slashed early-stage research to conserve resources for their first clinical trials.
“This proactive action…
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https://www.statnews.com/2025/05/08/insitro-ai-biotech-daphne-koller-staff-layoffs/
