You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 2 days ago • loading... • Updated 1 day ago
Biopharma firm BioXcel Therapeutics files for bankruptcy in US
Teva will serve as the stalking horse bidder as BioXcel seeks to sell substantially all assets and keep operations funded with $19 million in DIP financing.
Aug 27 (Reuters) - AI-driven biopharma firm BioXcel Therapeutics filed for Chapter 11 bankruptcy protection in the U.S. on Thursday. Here are more details: • BioXcel listed estimated liabilities in the range of $100 million to $500 million and assets...