A Heartfelt Thank You to Our Team It is with a heavy heart that we report the difficult decisions we have had to make regarding Molecular Assemblies. Despite our team's tireless efforts and significant technological achievements, we find ourselves evaluating the best path forward to allow this important technology to be further developed which has led to the decision to terminate many of our employees. The past few years have been both inspiring and humbling. We built groundbreaking technologies and assembled an extraordinary team of talented professionals who have poured their hearts and souls into our mission. Our technology works, and it works well. However, as we began our commercial launch, we encountered an unprecedented and challenging financial funding market for tools companies that has proved insurmountable given our cash runway. Simply put, we ran out of time. An immediate priority is supporting our outstanding team members as they transition to new opportunities. We are actively asking our network to connect our associates with companies that will benefit from their exceptional skills and dedication. These individuals represent some of the finest talent in our industry, and we are confident they will continue to make remarkable contributions wherever their careers take them. To our investors, customers, and partners, thank you for trusting us to support your important work. Your belief in our mission has been our greatest motivator, and we are proud to have contributed to advancing science alongside you. To our team, you are the heart and soul of Molecular Assemblies. Your passion, creativity, and relentless dedication have been nothing short of inspiring. While this chapter is closing, the incredible work you’ve accomplished will have a lasting impact as we explore strategic alternatives. We want to acknowledge and celebrate the contributions of everyone who helped build this company and support our vision. For those companies seeking exceptional talent, our team members are truly extraordinary, and we encourage you to connect with them as they pursue their next opportunities. https://lnkd.in/gEUehsEE
Taking care of the people who built their technology
Transformational marketing leader helping businesses scale commercially through digital strategy
3 天前What a commendable way of taking care of your team. Many biotech companies are going through tough times and what matters most is how the companies treat their team, those who are staying and leaving.