PEDA is looking to recoup some $10,000 in losses from Nuclea Biotechnologies, Inc, which has filed for Chapter bankruptcy.
Nuclea had rented office space the from the Pittsfield Economic Development Authority on Kellogg Street for a number of years. That lease agreement was until the end of October this year.
Nuclea is closing its Pittsfield lab. The company announced "a major internal reorganization" on Monday that transfers its primary focus from research and development of products to commercialization. With that, the CLIA laboratory in Pittsfield will close.