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‘Superbug’-Fighting Pharma Firm Hits Ch. 11 With Sale Plans

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > ‘Superbug’-Fighting Pharma Firm Hits Ch. 11 With Sale Plans

‘Superbug’-Fighting Pharma Firm Hits Ch. 11 With Sale Plans

Law360 (April 15, 2019, 3:56 PM EDT) — Citing high costs and trouble getting drug candidates beyond the clinical phase, biopharmaceutical company Achaogen Inc. on Monday filed for Chapter 11 protection in Delaware, listing between $50 million and $100…

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