Its cash nearly depleted, PhaseRx files for Ch. 11 to press sale - R...

12/12/17


Its cash nearly depleted, PhaseRx files for Ch. 11 to press sale
Reuters
With only enough cash to stay afloat for a few more weeks, PhaseRx Inc, a developer of treatments for liver diseases, filed for Chapter 11 bankruptcy protection on Monday in a bid to sell itself as soon possible. “The protection afforded under a ...

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