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AEON Biopharma Cuts 55% Of Workforce, Terminates CFO To Preserve Cash; Stock Up In Pre-market

AEON Biopharma, Inc. (AEON) announced Wednesday a workforce reduction by approximately 55% as part of its strategic reprioritization and cost reduction plan. The company has terminated Peter Reynolds as the chief financial officer, principal financial officer and principal accounting officer, effective as of May 17, under its cash preservation strategy.
Peter Reynolds Jennifer Sy Biopharma Inc Marc Forth

Newly Listed Migraine-Focused AEON Biopharma Stock Plunges On Friday - Read Here Why - AEON Biopharma (AMEX:AEON)

Preliminary results of AEON Biopharma's Phase 2 trial for chronic migraine treatment reveal no significant improvement over placebo. Despite anticipated reductions in monthly migraine days, statistical significance was not reached, prompting a review of development strategies and financial measures.
Biopharma Inc Priveterra Acquisition Corp Marc Forth

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