Death watch: Epirus Bio joins the grow­ing list of biotech fail­ures head­ed for the scrap heap

Ex-Epirus Bio­phar­ma­ceu­ti­cals CEO Amit Mun­shi land­ed his new job at the helm of Are­na Phar­ma­ceu­ti­cals just in time.

On Fri­day, in the lead­up to the Ju­ly 4th week­end, 5AM part­ner and stand-in Epirus $EPRS CEO Scott Rock­lage signed off on an 8K not­ing that the com­pa­ny is prep­ping for Chap­ter 7 liq­ui­da­tion un­der fed­er­al bank­rupt­cy laws as it sets the stage for an “or­der­ly wind down” in the next three months.

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