
Sensei to ditch its lead candidate and cut workforce amidst strategic review

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Sensei Biotherapeutics is discontinuing its lead clinical-stage asset, solnerstotug, and cutting its workforce as part of a strategic review aimed at maximizing shareholder value. Despite positive Phase I data, the company is exploring options including a sale or merger. This decision follows previous workforce reductions and setbacks in its clinical pipeline. CEO John Celebi emphasized the need to preserve cash and shareholder value during this transition.
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