TCR_Public/160702.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, July 2, 2016, Vol. 20, No. 184


KALOBIOS PHARMACEUTICALS: Net Loss Widens to $2.45-Mil. in March


KALOBIOS PHARMACEUTICALS: Net Loss Widens to $2.45-Mil. in March
KaloBios Pharmaceuticals, Inc., on June 21, 2016, filed with the
U.S. Securities and Exchange Commission an operating report for
March 2016.

The Debtor posted a net loss of $2.45 million on zero revenue for
the month, as compared to $636,272 net loss reported for February.

As of March 31, 2016, the Debtor had $9.90 million in total assets,
$7.59 million in total liabilities, and $2.30 million in total
shareholders' equity.

At March 1, 2016, the Debtor had $7.44 million cash. It listed
$43,713 in total receipts and $1.13 million in total disbursements.
At month end, the Debtor had $6.35 million cash.

A copy of the monthly operating report is available for free at the
SEC at:


              About KaloBios Pharmaceuticals

Based in South San Francisco, Calif., KaloBios Pharmaceuticals,
Inc., is a company biopharmaceutical company focused on the
development of monoclonal antibody therapeutics.

KaloBios Pharmaceuticals (Nasdaq: KBIO) on Dec. 29, 2015, filed a
voluntary petition for bankruptcy protection under Chapter 11 of
Title 11 of the United States Bankruptcy Code.  The filing was
made in the U.S. Bankruptcy Court for the District of Delaware
(Case No. 15-12628).

The Company is represented by Eric D. Schwartz of Morris, Nichols,
Arsht & Tunnell.

No trustee, examiner or committee has been appointed in this
Chapter 11 case.


Monday's edition of the TCR delivers a list of indicative prices
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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
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