Carbiotix declared bankrupt

Biotech company Carbiotix in Lund has been declared bankrupt. The firm was delisted from Spotlight Stock Market at the end of last year.

Patrik Kalman, bankruptcy administrator at law firm Trägårdh, held discussions with company management. He sees no conditions for continuing operations. The bankruptcy involves pure liquidation. Assets will be sold at auction shortly. Carbiotix was founded in 2014 by Kristofer Cook. The company developed technology for prebiotic ingredients from plant-based residual streams, mainly for the food industry.

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Grifols executives in boardroom approving minority stake IPO for US Biopharma business, with surging stock charts on screens.
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Grifols prepares stock listing for its US Biopharma business

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Grifols' board has approved preparing a public offering (OPV) of a minority stake in its US Biopharma business to reduce debt and fund growth. The company will retain majority control and continue listing in Spain. Its ADRs surged up to 13% in after-hours trading.

Claessons Snickeri Aktiebolag in Krylbo has been declared bankrupt following its own request. Falu District Court made the decision on June 8.

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Caribou Biosciences discussed progress on its off-the-shelf CAR-T therapies during a presentation at the Bank of America Global Healthcare Conference on May 13. Chief executive Rachel Haurwitz highlighted Phase I data for two programs that target lymphoma and multiple myeloma.

Finance profile Günther Mårder, detained on Friday suspected of serious insider trading offences, has requested to leave his role on the Swedish Public Employment Service board and resigned from RaySearch Laboratories.

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Patent AI company Lightbringer has raised over 90 million kronor in a Series A round led by 6 Degrees Capital and Newion.

Bootstrap Bio and Manhattan Genomics, biotech firms launched last year to pursue human embryo editing for preventing serious diseases, have closed their doors. The companies cited financial difficulties and internal conflicts as reasons for the shutdowns. The developments highlight challenges in the controversial field of gene-edited babies.

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No bids have been placed yet on the bankrupt ski resort in Näsfjället, Sälen. Bankruptcy administrator Henric Schef says there have been interested parties, but none have submitted offers. The resort has been for sale since autumn.

 

 

 

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