54gene -

54gene valuation slashed by over $100M amid job cuts and CEO exit • ZebethMedia

By zebethcontrolPosted on October 28, 2022Posted in 54gene, africa, Biotech & Health, StartupsNo Comments

It’s been a strange couple of months at African genomics startup 54gene. In August, it sacked 95 employees, mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. And this week, founder and […]

54gene CEO steps down as the company looks to cut more jobs • ZebethMedia

By zebethcontrolPosted on October 25, 2022Posted in 54gene, africa, Biotech & Health, Layoffs, StartupsNo Comments

54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to ZebethMedia today. The three-year-old company has appointed General Counsel Teresia L. Bost as interim CEO. She will be supported by Chief Operating Officer Delali Attipoe, the company said. Ene-Obong, on the other hand, […]