- American City Business Journals•5 days ago
KaloBios Pharmaceuticals Inc.'s quick but complex trip through Chapter 11 bankruptcy reorganization translated into big paydays for law firms and other advisors that shepherded the Brisbane company through the process. Four firms — two law firms, a financial advisor and an administrative advisor — billed more than $4 million for fees and reimbursable expenses racked up in the name of helping KaloBios (KBIO) get up on the good foot after missteps before and during the tumultuous tenure of drug industry bad boy Martin Shkreli. In all, KaloBios' bankruptcy co-counsel, Hogan Lovells US LLP and Morris, Nichols, Arsht and Tunnell LLP, through Tuesday submitted more than $3.9 million in fees and expenses.
- Forbes•19 days ago
KaloBios just took another step towards ridding itself of Martin Shkreli, but the biotech company is still facing plenty of challenges.
|52wk Range||3.69 - 5.21|
|Day's Range||3.80 - 4.15|
|Avg Vol (3m)||33,591|
As of 3:10 PM EDT. Market closed.