bankruptcy
SQI Diagnostics Further Cuts Head Count as Possible Shutdown Looms
The company has laid off its chief executive and CSO as it said that it may not be able to continue operations beyond June 15.
Warning Possible Insolvency, Chembio Diagnostics Urges Shareholders to Accept Biosynex Acquisition
Biosynex has extended the deadline for its tender offer to acquire all outstanding shares of Chembio as part of a $17.2 million acquisition.
Lucira Health won't be the last COVID-19-focused firm to face bankruptcy, layoffs, or stock price declines, as "COVID cash" dries up, experts said.
Top Five Articles on 360Dx Last Week: Lucira Health Bankruptcy; BioMérieux New MDx System; and More
Last week, readers were most interested in Lucira's plans for bankruptcy, filed days before the firm received FDA EUA for a new molecular COVID-19/flu test.
Lucira Health Files for Chapter 11 Bankruptcy, Signals Intent to Sell Business
The COVID-19 test kit maker cited waning demand for its COVID-19 tests and unexpected delays in authorization for its combination COVID-19 and influenza test.