BRIEF-Kalobios Pharma states bankruptcy court verified amended strategy of reorganization

Kalobios Pharmaceuticals: * Kalobios Pharmaceuticals Inc says on June 16, 2016,
bankruptcy court got in an order verifying its amended plan of
reorganization

* Pursuant to the reorganization plan, co will continue to
exist as a going concern business after effective date

* Strategy provides, after efficient date, board to consist of
one director designated by Nomis Bay entity, Ronald Barliant,
Cameron Durrant

* Strategy provides, after efficient date, board will also
include 2 independent directors designated jointly by black
horse entities and Nomis Bay entity

Source text for Eikon:
More company protection:

( Bangalore Newsroom: +1 646 223 8780).

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