Biochip and stem-cell biotech Minerva fires, sues its CEO

Biochip and stem-cell biotech Minerva fires, sues its CEO

A potentially interesting legal drama is unfolding at Minerva Biotechnologies, a Waltham, Mass., startup developing biochips and exploring the biology of cancer stem cells. In a terse release, the company said it has terminated CEO Jim Czirr and launched a search for his successor. Minerva also said it has filed suit against Czirr in Massachusetts Superior Court.

Details are still rather sketchy at this point. I spoke briefly with Minerva founder Cynthia Bamdad, who declined to… Continue Reading