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CDAKQ — Codiak BioSciences,. News Story

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Codiak BioSciences files for Chapter 11 bankruptcy protection

March 27 (Reuters) - Drug developer Codiak BioSciences
Inc  CDAK.O  said on Monday it has filed for Chapter 11
bankruptcy protection and will seek to sell its assets, months
after the company reduced its workforce by 37%.

 (Reporting by Bhanvi Satija in Bengaluru; Editing by Shounak
Dasgupta)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788))

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