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NEW YORK – Microbial genomics firm uBiome announced today it has filed for protection under Chapter 11 of the US Bankruptcy Code in Delaware. The firm plans to continue to operate while it undertakes the process of selling off its business, products in development, technology, and lab capabilities, according to a statement.

"We determined that uBiome's business will be better positioned for success under new ownership," said Curtis Solsvig, acting CEO.

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