Acticor: decision on judicial liquidation on January 2
(CercleFinance.com) - Acticor Biotech announced last night that the Paris Commercial Court had postponed until January 2 its decision to place the biopharmaceutical company under compulsory liquidation.
Acticor had filed a petition last week to convert its current receivership proceedings into compulsory liquidation.
Following the failure, last July, of its Phase 2/3 trial in the treatment of mechanical thrombectomy in acute ischemic stroke, Acticor now has only a cash horizon until January 2025.
Pending judgment, Acticor Biotech shares will not be listed again, the company said in a press release.
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