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Cancer T-cell Therapies Developer Closes California Location

Cargo Therapeutics plans to lay off San Carlos staff and focus on maximizing shareholder value.
Cancer T-cell Therapies Developer Closes California Location
An aerial view shows the Golden Gate Bridge and San Francisco, on May 16, 2024. Josh Edelson / AFP via Getty Images
Jill McLaughlin
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Another high-tech innovator is set to leave California this year as Cargo Therapeutics confirmed on March 18 that it is winding down operations.

The biotechnology company was developing “next-generation cell therapy cures” for cancer patients, one of which was designed to address several known causes of cancer relapse in patients, according to Cargo Therapeutics.

Jill McLaughlin
Jill McLaughlin
Author
Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.