Orphazyme's creditors to vote on sales agreement at end of May

Sunday’s sales agreement between US-based Kempharm and Orphazyme will be decided on May 30, when the company’s creditors meet to vote on the proposal.
Photo: Nikolaj Skydsgaard/Reuters/Ritzau Scanpix
Photo: Nikolaj Skydsgaard/Reuters/Ritzau Scanpix
by christopher due karlsson, translated by daniel pedersen

Embattled biotech firm Orphazyme finally has a restructuring proposal after Sunday’s announcement that Kempharm, which is based in the US, has agreed to buy the firm’s assets and activities.

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