BiomX Ltd. Files for Insolvency After Halting Phase 2b Study

Reuters12-12
<a href="https://laohu8.com/S/PHGEW">BiomX Ltd.</a> Files for Insolvency After Halting Phase 2b Study

BiomX Ltd., the wholly owned Israeli subsidiary of BiomX Inc., has received board approval to file for insolvency proceedings under Israeli law following the discontinuation of its Phase 2b study and in light of limited financial resources. The parent company, BiomX Inc., is currently evaluating strategic options and continues to own its BX011 program for diabetic foot infections, which is being conducted by its other subsidiary, Adaptive Phage Therapeutics, Inc.

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