Biomaterials and biotechnology company files Chapter 11 bankruptcy to wind down its operations after two key studies fail.

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 ...

On Sunday, Athenex Inc ATNX and certain of its subsidiaries voluntarily filed for Chapter 11 proceedings. Athenex agreed with its lenders to move forward with an expedited sale process of its assets, ...

Cash-strapped Antex Biologics Inc. of Gaithersburg filed for bankruptcy protection after last-ditch negotiations to sell itself to vaccine maker BioPort Corp. unraveled, the biotechnology company said ...