Sensei Biotherapeutics Q3 loss narrows; reduces workforce by 65%

Reuters
2025.11.14 12:38
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Sensei Biotherapeutics reported a Q3 net loss of $4.6 million, down from $7.3 million last year. The company reduced its workforce by 65% to preserve cash amid a strategic review, which includes exploring asset sales and potential mergers. R&D expenses decreased to $2.5 million from $4.6 million. The average analyst rating for the company is "buy."