Aslan files for voluntary liquidation

18 July 2024

The show is over for Aslan Pharmaceuticals (Nasdaq: ASLN), the immunology-focused biopharmaceutical company, as its financial troubles have led it to file for voluntary liquidation.

This decision follows a comprehensive review by the board of Aslan’s financial position and strategic alternatives. All employees have been dismissed.

Liquidators will be responsible for the orderly winding up of Aslan’s affairs, including seeking potential strategic alternatives for its development programs and the company’s primary assets, eblasakimab and farudodstat.

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