Key healthcare company files for Chapter 11 bankruptcy

Major healthcare company files for bankruptcy to sell its assets and liquidate its business.

May 21, 2025 - 10:30
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Key healthcare company files for Chapter 11 bankruptcy

High ranges of debt obligations maintain led a total lot of biotechnology and pharmaceutical corporations into financial wound, requiring them to file for financial distress and, in loads of cases, see gross sales of their sources.

Debtors maintain repeatedly bustle out of alternatives to compose capital to refinance debt and should flip to their secured lenders to see an acquisition of their sources.

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