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.