KaloBios to Wind Down Operations

Go back to KaloBios to Wind Down Operations

KaloBios Pharma (KBIO) Announces Plans to Wind Down Operations

November 13, 2015 4:41 PM EST

KaloBios Pharmaceuticals, Inc. (Nasdaq: KBIO) today announced that it will wind down its operations and that it has engaged the Brenner Group to lead those efforts.

"Recent discussions around a number of possible strategic transactions have ended, and as a result, the company believes it is highly unlikely that continuing to explore strategic alternatives could... More