BUZZ-Clearside Biomedical plunges after filing for bankruptcy

Reuters

2025/11/24

BUZZ-<a href="https://laohu8.com/S/CLSD">Clearside Biomedical</a> plunges after filing for bankruptcy

** Shares of drug developer Clearside Biomedical CLSD.O slide 51.8% to $1.37 in premarket

** Co files for Chapter 11 bankruptcy protection in a U.S. court, estimates assets in range of $1 mln to $10 mln and liabilities between $50 mln and $100 mln, as per filing

** Co reported a loss of $1.14 per share in the quarter ended September 30, lesser than $1.54 per share a year ago

** In its quarterly results filing on November 14, co raised going concerns, saying it may not be able to continue without additional funding or strategic transaction

** Co has been exploring a sale, licensing or partnerships to advance its drug pipeline and SCS platform - a drug delivery system - since July

** CLSD stock down 80.9% YTD, as of last close

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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a drug delivery system - since July</p><p>** CLSD stock down 80.9% YTD, as of last close</p><p> (Reporting by Tharuniyaa Lakshmi in Bengaluru)</p><p> ((tharuniyaa@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"制药","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251124:nL6N3X00GE:1","article_id":"2585469228","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585469228","pubTimestamp":1763985215,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Clearside Biomedical plunges after filing for bankruptcy** Shares of drug developer Clearside Biomedical CLSD.O slide 51.8% to $1.37 in premarket** Co files for Chapter 11 bankruptcy protection in a U.S. court, estimates assets in range of $1 mln to $10 mln and liabilities between $50 mln and $100 mln, as per filing** Co reported a loss of $1.14 per share in the quarter ended September 30, lesser than $1.54 per share a year ago** In its quarterly results filing on November 14, co raised going concerns, saying it may not be able to continue without additional funding or strategic transaction** Co has been exploring a sale, licensing or partnerships to advance its drug pipeline and SCS platform - 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