PhaseBio Pharmaceuticals, Inc.

  1. June 26, 2024

    Pharma Co. PhaseBio Can Exit Ch. 11 With Wind-Down Plan

    A Delaware bankruptcy judge on Wednesday gave her blessing for pharmaceutical developer PhaseBio Pharmaceuticals Inc. to liquidate its assets and wind down after settlement agreements with creditors and a business partner cleared a path for it to exit Chapter 11 after roughly 19 months.

  2. February 06, 2023

    PhaseBio Suitor Gets $2M Breakup Fee Without Ch. 11 Auction

    An Italian pharmaceutical company chosen to serve as a bidder-to-beat for a later-canceled Delaware Chapter 11 auction of drug research firm PhaseBio Pharmaceuticals still deserves a $2 million breakup fee based on the proposal's benefit to the estate, a bankruptcy judge ruled on Monday.

  3. January 17, 2023

    Pharma Co. Seeks $2M Fee For Bid In Canceled Ch. 11 Auction

    An Italian pharmaceutical company told a Delaware bankruptcy judge Tuesday that it is entitled to a $2 million fee for submitting an unsuccessful baseline bid for a bankrupt drug research firm even though the company chose a settlement instead of going through with the asset sale.