LianBio Announces Completion of Strategic Review [Yahoo! Finance]
LianBio (LIAN)
Company Research
Source: Yahoo! Finance
SHANGHAI, China and PRINCETON, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- LianBio (Nasdaq: LIAN) (“LianBio” or the “Company”), a biotechnology company dedicated to bringing innovative medicines to patients in China and other major Asian markets, today announced that the Company's Board of Directors (the “Board”) had completed its comprehensive strategic review of the Company and determined to initiate the wind down of its operations, including the sale of remaining pipeline assets, the delisting of its American Depositary Shares (“ADSs”), each representing the right to receive one ordinary share, from the Nasdaq Global Market (“Nasdaq”) and deregistration under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and workforce reductions. The Company currently anticipates a substantial portion of the wind down activities, including fulfillment of transition service obligations under its existing agreements and gradual cessation of currently active clinical trials, w
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LIAN
News
- LianBio Announces Voluntarily Delisting from Nasdaq [Yahoo! Finance]Yahoo! Finance
- LianBio Announces Voluntarily Delisting from NasdaqGlobeNewswire
- With No Cure In Sight, Drugs Firm LianBio Begins Exit Strategy [Seeking Alpha]Seeking Alpha
- LianBio Shares Gain After Co Announces Plans to Wind Down [MarketWatch]MarketWatch
- LianBio to Wind Down Operations, Declares Special Dividend [MarketWatch]MarketWatch
LIAN
Sec Filings
- 3/13/24 - Form EFFECT
- 3/12/24 - Form F-6
- 3/12/24 - Form S-8
- LIAN's page on the SEC website