An Is­raeli biotech gam­bles on a failed drug, merg­ing with trou­bled Men­lo ahead of PhI­II da­ta

Af­ter tak­ing a pair of tor­pe­does at the wa­ter­line last year, a list­ing Men­lo Ther­a­peu­tics $MN­LO is cast­ing its lot with Is­raeli der­ma­tol­ogy biotech …

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