Why Startups Fail Case Study
Case Study 09: Tessa
Getting Business Right: Real Stories
Ever wondered why some businesses soar and others flop? Our Business Case Studies break it down simply. Whether you're just getting started or have been in the game for a while, these real stories give you the dos and don'ts to make your next move. Learn from others and pave your way to success.
Case Study Description
Materials: PDF Files & Startup Failure Checklist
Tessa Therapeutics is a clinical-stage biotechnology company that develops personalized cell therapies against cancer. Particularly, they use virus-specific T-cells (VST) to awaken the immune system's power in targeting virus-related cancers.
Tessa Therapeutics was set to become the biggest biotech success in Singapore. But months after raising a record-breaking $120 million fund, Tessa announced it's ceasing operations. What went wrong? Let's find out.
