The Scientist

deCODE files for bankruptcy

But the company has never turned a profit and has lost more than $600 million since its inception. In September, deCODE closed its Woodridge, Illinois facility, cutting about 60 jobs. To address these ...
FierceBiotech

deCODE genetics, Inc. Files Voluntary Chapter 11 Petition to Facilitate Sale of Assets

Enters into asset purchase agreement and receives commitment for debtor-in-possession financing to continue operations during Chapter 11 process REYKJAVIK, Iceland ...
Reuters

Icelandic gene pioneer Decode files for bankruptcy

WASHINGTON (Reuters) - Iceland's Decode Genetics Inc, a pioneer in genetic research, has filed for bankruptcy protection, weighed down by debts after 13 years of failing to make a profit. Shares in ...
FierceBiotech

Pioneering deCODE Genetics files for Ch. 11

Icelandic genomics pioneer deCODE Genetics has filed for Chapter 11 bankruptcy protection, listing assets close to $70 million and debt of more than $313 million. But it filed papers in court ...
GEN

deCODE Files for Bankruptcy Protection and Sells Subsidiaries and Drug Programs

Saga picks up human genetics research segment and therapeutic pipeline, while Beryllium takes over two other divisions. deCODE genetics has voluntarily filed for Chapter 11 bankruptcy protection. The ...