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Actionable news in KBIO: KaloBios Pharmaceuticals, Inc.,

KaloBios -47% as it says it's shutting down

Nov 13 2015, 17:44 ET | About: KaloBios Pharmaceuticals (KBIO) | By: Jason Aycock, SA News Editor

Biopharmaceutical firm KaloBios (NASDAQ:KBIO) has lost 47% of value after hours as the firm says it will wind down, after talks about strategic alternatives ended without promise.