Biotechnology company Celularity Inc. recently announced a significant personnel change.

The company has decided to transfer the entire team of employees related to its biomaterials business activities to a commercial partner. This move aims to optimize the allocation of company resources and focus on core research and development areas. At the same time, Celularity Inc. also announced further layoff plans. This is part of the company's structural adjustments to improve operational efficiency and achieve long-term strategic goals. The personnel changes are expected to make the company's organizational structure more streamlined and efficient.