Bolt Biotherapeutics Announces 50% Workforce Reduction to Extend Cash Runway Into 2027 Amid Clinical Program Update

Reuters10-02

<a href="https://laohu8.com/S/BOLT">Bolt Biotherapeutics</a> Announces 50% Workforce Reduction to Extend Cash Runway Into 2027 Amid Clinical Program Update

Bolt Biotherapeutics Inc. (Nasdaq: BOLT), a clinical-stage biopharmaceutical company based in Redwood City, California, announced a significant corporate reorganization to extend its financial runway into 2027. The company is implementing a workforce reduction of approximately 50% as part of its cost-saving measures. This decision comes as Bolt updates the clinical trial protocol for its next-generation immunotherapy candidate, BDC-4182, and now expects to report initial Phase 1 clinical data in the third quarter of 2026. Despite the challenging market conditions, the company remains focused on advancing BDC-4182 and supporting its ISAC technology collaborations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bolt Biotherapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9538657-en) on October 01, 2025, and is solely responsible for the information contained therein.

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