Steven Lo, CEO of Zosano Pharma

Af­ter culling work­force, mi­graine biotech Zosano drops lead — and sole — pro­gram

It ap­pears Zosano may not have much left in the tank.

In April, the mi­graine-fo­cused biotech an­nounced that it would cull about a third of its work­force — less than a month af­ter the FDA re­fused to re­view the com­pa­ny’s re­sub­mis­sion for its mi­graine treat­ment patch known as M207. The agency said that the com­pa­ny didn’t ad­e­quate­ly re­spond to the de­fi­cien­cies iden­ti­fied in the FDA’s ini­tial, 2020 CRL.

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