Biodel (BIOD) Reports Q2 Loss of $0.05/Share
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Biodel Reports Third Quarter Fiscal Year 2016 Financial Results
August 11, 2016 4:35 PM EDTDANBURY, CT -- (Marketwired) -- 08/11/16 -- Biodel Inc. (NASDAQ: BIOD) today reported financial results for the third fiscal quarter ended June 30, 2016.
In May 2016, Biodel announced its entry into a definitive share exchange agreement with Albireo Limited, a privately held biopharmaceutical company, and Albireo security holders. The proposed transaction is expected to result in a combined company focused on the development of novel bile acid modulators to treat orphan pediatric liver diseases, as well as other liver and gastrointestinal diseases and disorders. The proposed transaction remains subject to customary closing conditions, including the... More
