STAT+: Akili abandons prescription business model, to lay off 40% of workers
STAT
SEPTEMBER 13, 2023
In connection with the move away from prescription sales, Akili will reduce its workforce by 40%, which the company projects will extend its runway into the second half of 2025. Akili went public last year and though its prescription sales were slowly increasing, the company’s costs far outstripped its revenues.
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