Bio-Path Holdings Inc. announced significant management changes with the resignation of Peter H. Nielsen from his roles as President, CEO, CFO, and Chairman, effective June 20, 2025. Board members Heath Cleaver and Aline Sherwood also resigned. Douglas P. Morris was appointed as the new Chairman of the Board on June 22, 2025. The company has paused most operations to conserve capital and is actively seeking financing or additional capital.
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