Matinas BioPharma Holdings Restructures, Focusing on Oral Antifungal MAT2203 Amid Challenges
ByAinvest
Tuesday, Sep 23, 2025 7:31 pm ET1min read
MTNB--
Matinas BioPharma Holdings (MTNB) has restructured amid challenges, focusing on oral antifungal MAT2203. The company made leadership changes, raised $3.3 million, and terminated global partnership negotiations. It has also reduced its workforce by 80% and paused product development to preserve cash. Despite challenges, MTNB continues research collaborations and aims to develop new drug formulations and delivery methods.
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