Bankruptcy
Mallinckrodt gets court approval for second bankruptcy, reducing opioid settlement by $1B
Anika Sharma
Mallinckrodt’s commitment to pay a hefty $1.7 billion opioid settlement has taken a significant hit due to the company’s second ...
Infinity Declares Bankruptcy, Signaling an Unexpected End to Its Operations
Anika Sharma
Following an unsuccessful merger attempt with MEI Pharma, Infinity Pharma has made the difficult decision to file for bankruptcy, a ...
Following $1.7B Opioid Settlement, Mallinckrodt Prepares for Second Round of Bankruptcy Proceedings
Anika Sharma
In a recent development, Mallinckrodt has formally announced its decision to initiate another round of bankruptcy proceedings, marking its second ...
Supreme Court Halts Purdue Pharmaโs Bankruptcy Deal That Shielded Sacklers From Opioid Lawsuits
SG Tylor
The Supreme Court has put a halt to a massive bankruptcy settlement that would have shielded Purdue Pharma and the ...
Humanigen Struggles Amidst Failed Reverse Merger, Faces Looming Bankruptcy
SG Tylor
Three years ago, Humanigen was on a promising trajectory with a COVID-19 therapy in advanced testing and shares valued at ...