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Biopharma firm BioXcel Therapeutics files for bankruptcy in US
Teva will serve as the stalking horse bidder as BioXcel seeks to sell substantially all assets and keep operations funded with $19 million in DIP financing.
Aug 27 (Reuters) - AI-driven biopharma firm BioXcel Therapeutics filed for Chapter 11 bankruptcy protection in the U.S. on Thursday. Here are more details: • BioXcel listed estimated liabilities in the range of $100 million to $500 million and assets...