litigation
confidence high
sentiment positive
materiality 0.70
Biostage wins court order requiring insurer to pay legal defense; to host investor webinar Jan 27
Harvard Apparatus Regenerative Technology, Inc.
- Court ordered Medmarc to continue paying Biostage's legal defense in a wrongful death suit over a tracheal implant, finding Medmarc breached its duty and awarding attorneys' fees.
- Biostage discontinued tracheal implant development and now focuses on esophageal implant, which has FDA approval for a clinical trial.
- Interim CEO David Green will host webinars on Jan 27 to discuss the clinical trial, capital raising, and NASDAQ uplisting.
- A second webinar is scheduled for Jan 27 at 8pm ET / Jan 28 9am Beijing time for investor Q&A.