Biocept slumps after filing for bankruptcy protection

Biocept

16/10/2023 18:08

** Shares of oncology diagnostics company Biocept  BIOC.O 
fall ~49.7% to 51 cents
    ** Company says it has filed a petition for relief under the
provisions of Chapter 7 in U.S. bankruptcy court
    ** Says company will have no board members, with everyone,
including CEO and President Antonino Morales, tendering their
resignations effective on Oct. 13
    ** Including session's moves, shares down ~96.6% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))