Biotech Stock News (KBIO) (RTRX) (CMRX)

Kalobios (NASDAQ:KBIO) On Tuesday December 29, 2015 Kalobios made an SEC filing whereby the company filed for Chapter 11 Bankruptcy. This does not mean that the company is going bankrupt, instead it signifies that the company needs to put its functions on hold until it can develop a proper restructuring plan. This filing occurred in … Read more

Biotech Stock News (KBIO) (SNY) (CLVS) (AZN) (VRTX)

KaloBios Pharmaceuticals (NASDAQ:KBIO) Last week I wrote how Kalobios was winding down its operations and was looking to put itself up for sale. In an unforeseen event, Martin Shkreli took a big investment in the company sending the share price higher. Before I go any further let me provide a little backstory so that everyone … Read more