Updated Jul. 6, 2012 at 2:48 p.m.

Premium Lock Biotech firm Biolex, which raised $160M, seeks bankruptcy

Published: 2012-07-06 14:44:00
Updated: 2012-07-06 14:48:27

Biolex worker eyes lemna plants. Biolex worker eyes lemna plants. (Biolex photo) Image 1 of 3 · Next Image…

The biotechnology firm, backed by Intersouth Partners which is owed some $5 million, has been seeking to development treatments for hepatitis C. Biolex raised $60 million in 2008 in one of the state's biggest venture capital deals. It tried and failed to go public that same year....

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