BridgeBio confirmed layoffs and restructuring amid market pressure and clinical setbacks; the company did not disclose the exact number of affected employees.
SourcePublic company, workplace, funding, and market signals
Updated Jul 29, 2026
BridgeBio is a commercial-stage biopharmaceutical company focused on genetic conditions and rare diseases, organized around a decentralized hub-and-spoke model. Its lead marketed product is Attruby (acoramidis) for ATTR-CM.
Primary product
Attruby (acoramidis)
Founded
2015
Headquarters
3160 Porter Drive, Suite 250, Palo Alto, CA 94304, USA
Team size
501-1000
Work style
Flexible
Industry
Biotechnology Research
Sub-industry
Genetic medicines / rare disease biopharmaceuticals
Offices
Business model
Stage
public
Total raised
$5.2B
Latest round
Preferred equity financing · Jul 2026
Latest amount
$933.9M
Jul 2026 · Sixth Street / HealthCare Royalty
Jul 2026 · Sixth Street
Leadership
Chief Executive Officer and Founder
President and Chief Financial Officer
Chief Scientific Officer
Patient-first, intellectually independent, high-urgency, and data-driven; the company emphasizes challenging convention and letting science speak.
Work style
Flexible
Compensation
Public job posts show California base salary bands such as about $94.8k-$105.2k for Research Associate II and $245k-$275k for Senior Director, Training and Learning Excellence, alongside market-leading pay, equity, and financial reward signals.
Benefits
Pricing
Specialty prescription-drug pricing with payer reimbursement; some assets are also monetized through licensing and royalties.
Differentiators
Technology
Estimated revenue
$500M-$600M
Estimated monthly visits
46.2K
Traffic estimate as of Jul 2026
BridgeBio confirmed layoffs and restructuring amid market pressure and clinical setbacks; the company did not disclose the exact number of affected employees.
SourceBridgeBio completed its acquisition of the remaining Eidos Therapeutics shares, making Eidos a wholly owned subsidiary and bringing acoramidis commercialization in-house.
SourceBridgeBio Pharma, Inc. · Jul 2026
BridgeBio said the FDA accepted the NDA for encaleret in ADH1 and gave a PDUFA target action date of May 8, 2027.
BridgeBio Pharma, Inc. · Jul 2026
BridgeBio reported published analyses in Circulation: Heart Failure suggesting kidney-protective effects of acoramidis in ATTR-CM patients.
BridgeBio Pharma, Inc. · Jul 2026
BridgeBio announced up to $1 billion of preferred equity led by Sixth Street with participation from HealthCare Royalty, supporting upcoming launches including BBP-418, encaleret, and infigratinib.
111 jobs at BridgeBio
Convertible senior notes due 2033
Jan 2026 · Qualified institutional buyers
Jun 2025 · HealthCare Royalty and Blue Owl Capital
Jan 2024 · Blue Owl Capital / CPP Investments
Jan 2024 · Blue Owl Capital and CPP Investments
Sep 2023 · Qatar Investment Authority
Nov 2021 · Syndicate of lenders
Debt financing / credit facility
Nov 2021 · Syndicate of lenders
Jun 2019 · J.P. Morgan / Goldman Sachs / Jefferies / SVB Leerink / KKR
Jan 2019 · KKR and Viking Global Investors
Sep 2017 · Viking Global Investors / KKR
Sep 2017 · Viking Global Investors
Chief Regulatory Officer & EVP Portfolio Strategy and Management
Chief Medical Officer, Cardiorenal
Richard Scheller
Chairman of R&D
Matt Outten
Chief Commercial Officer
Founders
Andrew Lo, Ph.D.
Co-founder
Charles Homcy
Founder and Chairman of Pharmaceuticals
Charles Homcy, M.D.
Co-founder
Frank McCormick, Ph.D.
Co-founder
Frank P. McCormick
Founder and Chairman of Oncology
CEO and Founder
Richard Scheller, Ph.D.
Co-founder
Investors
Customers
Competitors
The 2025 annual report states that Truseltiq was withdrawn, indicating a product withdrawal / discontinuation risk signal in the portfolio.
SourceBridgeBio Pharma, Inc. · May 2026
BridgeBio presented new Phase 3 ATTRibute-CM data showing continued clinical benefit and differentiated disease-modifying signals for acoramidis.
BridgeBio investor relations · Feb 2026
BridgeBio reported full-year 2025 revenue of $502.1 million, Attruby revenue of $362.4 million, and disclosed $632.5 million of convertible notes issued in January 2026.