BiomX Inc

ASE:PHGE   3:00:43 PM EDT
0.70
+0.02 (+2.24%)
Debt Financing / Related, Layoffs

Biomx Says Reducing Headcount By 50% To Further Extend Capital Resources

Published: 05/24/2022 05:57 GMT
BiomX Inc (PHGE) - Biomx Announces Corporate Restructuring.
Reducing Headcount by 50% to Further Extend Capital Resources.
Cash Runway Extended to at Least Mid-2024.
Atopic Dermatitis Program Will Be Delayed Due to Restructuring.
Cystic Fibrosis Program Remains on Track With Initial Readout From Phase 1b/2a Study of Bx004 Expected in Q3 of 2022.company Intends to Reduce Its Current Operating Costs.