VistaGen Therapeutics implements 20% workforce reduction

Reuters03-11

VistaGen <a href="https://laohu8.com/S/LENZ">Therapeutics</a> implements 20% workforce reduction

VistaGen implemented a board-approved workforce reduction of about 20%. The change is intended to manage cash while prioritizing ongoing clinical studies in its PALISADE program for fasedienol for acute treatment of social anxiety disorder. The company said it expects topline results from the PALISADE-4 Phase 3 trial in the first half of 2026 and expects cash runway into 2027. Affected employees may receive cash severance and temporary healthcare coverage if they sign a separation agreement that includes a general release of claims.

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. VistaGen Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-016652), on March 11, 2026, and is solely responsible for the information contained therein.

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