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Biora Therapeutics files for Chapter 11 bankruptcy to restructure and find a buyer.
Biora Therapeutics, a biotech firm developing smart pill-based treatments, has filed for Chapter 11 bankruptcy to restructure and seek a buyer.
The company, which focuses on colon-targeted treatments and needle-free drug delivery, has secured $10.25 million in financing to support operations during the process.
Biora aims to use the sale process to strengthen its financial position and advance its product development.
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Biora Therapeutics presenta la quiebra del capítulo 11 para reestructurarse y encontrar un comprador.