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Biotech company files for Chapter 11 bankruptcy, plans asset sale

​Biotechnology company Lipella Pharmaceuticals Inc. files for Chapter 11 bankruptcy months after facing Nasdaq delisting.
Seeking Alpha

Biora Therapeutics Undertakes Chapter 11 Sale Process to Position Business for Future Growth

SAN DIEGO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (BIOR) (“Biora” or the “Company”), a biotech company developing smart pill-based therapeutic platforms, today announced it has ...
Nasdaq

23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process

SAN FRANCISCO, March 23, 2025 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has ...
FierceBiotech

Vion Pharmaceuticals Files for Chapter 11 Bankruptcy

NEW HAVEN, Conn., Dec. 17 /PRNewswire-FirstCall/ -- VION PHARMACEUTICALS, INC. (OTC Bulletin Board: VION), a pharmaceutical company focused on the development of ...
Business Wire

PhaseBio Plans for Near-Term Sale Using Structured Process Through Chapter 11 of U.S. Bankruptcy Code

MALVERN, Pa. & SAN DIEGO--(BUSINESS WIRE)--PhaseBio Pharmaceuticals, Inc. (Nasdaq: PHAS), a clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapies ...
Nasdaq

Biora Therapeutics Announces Chapter 11 Bankruptcy Filing and Secures $10.25 Million Financing to Support Sale Process and Product Development

Biora Therapeutics announces a Chapter 11 filing to support a sale process and secure up to $10.25 million in financing. Biora Therapeutics, Inc., a biotech company focused on developing smart ...
TheStreet.com

Critical Biotech giant files Chapter 11 for 3 COVID labs, eyes Bitcoin treasury as lifeline

ProPhase Labs Inc. (Nasdaq: PRPH), a biotech firm with plans to build a crypto treasury, announced on Sep. 23 that its three COVID-19 testing lab units have filed for reorganization under Chapter 11 ...
GeekWire

NanoString stock sinks 70% as Seattle biotech company enters bankruptcy process

NanoString’s GeoMX Digital Spatial Profiler was at the heart of a patent lawsuit filed by 10x Genomics. (NanoString Image) Seattle-based publicly traded biotech company NanoString Technologies ...
The Caledonian-Record

Lipella Pharmaceuticals Inc. Files Voluntary Petitions for Relief Under Chapter 11

PITTSBURGH, March 30, 2026 (GLOBE NEWSWIRE) -- (“Lipella” or the “Company”), a clinical-stage biotechnology company, announced today that it filed a voluntary petition for relief under Chapter ...
Seattle Times

Biotech Dendreon files for Chapter 11 to restructure massive debts

Dendreon said it has filed for bankruptcy protection as part of a plan to restructure $620 million in debt, a move likely to effectively wipe out the value of its common stock. The biotechnology ...
FierceBiotech

AtheroGenics Files for Chapter 11 Bankruptcy

ATLANTA, GA -- (MARKET WIRE) -- 10/07/2008 -- AtheroGenics, Inc. (NASDAQ: AGIX), a pharmaceutical company focused on the treatment of chronic inflammatory diseases, today announced that it has ...