Berlin, December 11, 2019 – GT Restructuring, the restructuring unit of Greenberg Traurig in Germany, has been appointed at the biopharmaceutical company Mologen AG in its insolvency proceedings. Christian Köhler-Ma runs the Berlin-based company with all 31 employees as provisional insolvency administrator. He has started initial talks with interested investors.
The internationally active Mologen AG develops DNA-based drugs for the activation of the body’s own immune system to fight cancer and infectious diseases. The company was founded in 1998 and has been listed on the Frankfurt Stock Exchange since 2009. Following a clinical study on a new drug, the results of which were unsatisfactory, financing problems arose.
There are several interested parties for the operation or individual parts and preparations, so that Christian Köhler-Ma is confident of finding a constructive solution.
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