Once-promising biotech firm set to dissolve
After exploring “strategic alternatives,” NeuBase Therapeutics has scheduled a May 13 stakeholder meeting to authorize the board of directors to dissolve the company The Pittsburgh company was founded with a mission to create targeted treatments for genetic disorders, and had several successful VC raises.
Just a year ago, NeuBase’s CEO was optimistic, but its board has now determined dissolution is “best for stakeholders and company alike.”
➡️ Get the details on NeuBase’s pending shut down
Attend our annual readers conference on May 9
The Technical.ly Builders Conference is what it says in the name — a daylong conference on building better companies and tech ecosystems — but it also serves as an annual gathering for the whole Technical.ly community. We always leave feeling super energized after reconnecting with everyone.
Readers from all over the country are coming to Philadelphia speak and present and deal and network, and we think you should be among them. The day closes with an evening party, our Signature Event. Early-bird pricing ends April 1, so now’s the time to save your spot.
➡️ Check out your ticket options for May 9 here
News Incubator: What else to know today
• Mayor Gainey announced the city would be challenging the tax-exempt status of 104 properties, many of which are owned by UPMC. [Pittsburgh Tribune]
• After the collapse in Baltimore yesterday, a veteran ship’s officer describes how captains work with harbor pilots to avoid deadly collisions. [Technical.ly]
• Kennywood Park will be open in a matter of months. Remaining preparations include lifting rollercoaster cars into place. [Technical.ly/WTAE]
• Construction is underway for Comcast to expand its fiber-based broadband support to include 3,000 homes and businesses in Marshall and Pine Township.
