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Re: DewDiligence post# 215945

Friday, 12/22/2017 9:58:41 AM

Friday, December 22, 2017 9:58:41 AM

Post# of 253249
ARNI goes out of business:

https://finance.yahoo.com/news/arno-therapeutics-announces-plans-dissolve-141000738.html

Arno Therapeutics, Inc…today announced that it has sold substantially all of its remaining assets and will be dissolving by the end of this year. Its last remaining assets were the rights to Onapristone, which it recently sold to Context Biopharma, Inc. pursuant to the terms of an asset purchase agreement. The proceeds from the sale of Onapristone will be used to satisfy Arno’s outstanding liabilities and there are not expected be any assets remaining thereafter.


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