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shajandr

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shajandr

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Sunday, 11/05/2017 1:27:17 AM

Sunday, November 05, 2017 1:27:17 AM

Post# of 42523
Humanigen Is in Talks With Lenders
Humanigen survived a brush with Martin Shkreli, but lost race for FDA voucher
By Peg Brickley
Wall Street Journal
Nov. 1, 2017 2:58 p.m. ET

Humanigen Inc., jailed fraudster Martin Shkreli’s final foray in the pharmaceutical industry, is circling the drain, according to a Securities and Exchange Commission filing Wednesday.

The company is unable to pay lenders that bailed it out of bankruptcy and is in talks about alternative asset-based transactions. Humanigen owes lenders Black Horse Capital LP and Nomis Bay Ltd. $16 million, the SEC filing says.

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