IO Biotech Retains Raymond James as Financial Advisor, Implements Cost-Cutting Measures

Friday, Jan 30, 2026 8:07 am ET1min read
IOBT--

IO Biotech has retained Raymond James & Associates as exclusive financial advisor to explore strategic alternatives. The company is also implementing cost-containment measures, including a significant reduction in workforce, to reduce operating expenses while exploring strategic alternatives.

IO Biotech Retains Raymond James as Financial Advisor, Implements Cost-Cutting Measures

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