Applied Therapeutics Cuts Workforce and Explores Strategic Alternatives

Reuters11-20

<a href="https://laohu8.com/S/AMAT">Applied</a> <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Cuts Workforce and Explores Strategic Alternatives

Applied Therapeutics Inc., a clinical-stage biopharmaceutical company, has announced that its Board of Directors has initiated a process to explore strategic alternatives, which may include mergers, acquisitions, partnerships, or other transactions aimed at maximizing shareholder value. As part of this process and to preserve its cash runway, the company is reducing its workforce by approximately 46% and implementing additional cost-containment measures. The review of strategic options is ongoing, and there is no set timetable for completion or assurance that it will result in any specific outcome.

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. Applied Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9579386-en) on November 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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