Neurobiological Technologies - The 2009 Biotech Graveyard
Company: Neurobiological Technologies
Based: Emeryville, CA
What went wrong: Neurobiological Technologies' venom-based drug Viprinex for strokes failed a late-stage trial last year, sending the company into a tailspin. The company laid off most of its staff after the failure and hoped to find a buyer. But with no offers, the company had no choice but to close its doors.

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