BiomX Slashes Its Workforce By 50%, Atopic Dermatitis Program To Be Delayed
BiomX Inc (NYSE:PHGE) announced a corporate restructuring plan to focus its resources and extend the cash runway. The company had $55.7 million in cash, cash equivalents, short-term deposits, and a $15 million debt facility as of March 31. The restructuring will extend the company's capital resources at least until the middle of 2024. …
Benzinga ·
Benzinga
