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News 2026-10-01 11:09 UTC

Foghorn Therapeutics Cuts ~40% Staff, Refocuses Pipeline

Foghorn Therapeutics will not advance FHD-909 with Lilly and will stop the Selective SMARCA2 degrader program. The company is cutting its workforce by approximately 40% and prioritizing proprietary programs, with expected cash runway into the second half of 2029.