NewLink to eliminate 39 American jobs in Ames, Iowa

NewLink to lay off 39 in local offices

July 29NewLink Genetics will lay off 39 employees in its Ames office as it aims to restructure its research portfolio.

The Ames-based biopharmaceutical company announced the cuts during its quarterly earnings call Friday morning, which also include 20 other employees located elsewhere.

In a statement, NewLink CEO Charles Link said the company laid off staff to focus on developing its Indoximod cancer treatment as it begins its first round of clinical trials for two different forms of the treatment.

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