Organization: Nexia Biotechnologies Inc

Nexia sells assets, founder Jeffrey Turner resigns

Montreal’s Nexia Biotechnologies Inc has sold most of its operations and replaced founder, president and CEO Dr Jeffrey Turner after failing to secure new financing. Nexia sold all its operations and assets related to Protexia — a protein that acts as an antidote to nerve gas — to PharmAthene Inc, Annapolis MD, a private biotech…