Chimerix cell biologist Phiroze Sethna draws samples to help him begin to grow and study new cells in his anti-viral research in 2011. Chimerix’s value has plummeted from $2.5 billion last summer to $180 million last week, forcing Chimerix to shed about a quarter of its workforce – about 40 employees – in a bid to stretch its budget.
Chimerix cell biologist Phiroze Sethna draws samples to help him begin to grow and study new cells in his anti-viral research in 2011. Chimerix’s value has plummeted from $2.5 billion last summer to $180 million last week, forcing Chimerix to shed about a quarter of its workforce – about 40 employees – in a bid to stretch its budget. 2011 News & Observer File Photo - HARRY LYNCH hlynch@newsobserver.com
Chimerix cell biologist Phiroze Sethna draws samples to help him begin to grow and study new cells in his anti-viral research in 2011. Chimerix’s value has plummeted from $2.5 billion last summer to $180 million last week, forcing Chimerix to shed about a quarter of its workforce – about 40 employees – in a bid to stretch its budget. 2011 News & Observer File Photo - HARRY LYNCH hlynch@newsobserver.com

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UPDATED July 10, 2016 01:19 PM

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