Bankruptcy

Mallinckrodt gets court approval for second bankruptcy, reducing opioid settlement by $1B

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

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 ...

Mallinckrodt, Opioid, Settlement, Bankruptcy

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 ...

Sacklers Face Opioid Lawsuits After Supreme Court Blocks Deal

Supreme Court Halts Purdue Pharmaโ€™s 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 on the Brink of Bankruptcy After Merger Fail

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 ...