It filed for Chapter 7 bankruptcy on July 5 , 2012 .
Biolex Therapeutics was a biotechnology firm in the Research Triangle of North Carolina that was founded in 1997 and raised $190 million from investors .
Biolex Therapeutics filed for Chapter 7 bankruptcy on July 5 , 2012 .
Biolex Therapeutics was a biotechnology firm in the Research Triangle of North Carolina that was founded in 1997 and raised $190 million from investors .