Cash-strapped biotech firm Codiak files for bankruptcy protection

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Cash-strapped biotech firm Codiak files for bankruptcy protection
France Dernières Nouvelles,France Actualités
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Codiak BioSciences Inc said on Monday it has filed for U.S. bankruptcy protection in the latest blow to the struggling drug developer's ambitions of making a COVID-19 vaccine.

said on Monday it has filed for U.S. bankruptcy protection in the latest blow to the struggling drug developer's ambitions of making a COVID-19 vaccine.

Codiak previously said it would prioritize its COVID-19 vaccine development program that was funded by a global vaccine coalition, while halting development of two cancer drug candidates which were ready for mid-stage study.

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France Dernières Nouvelles, France Actualités

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