Brief: Accelerate Diagnostics files for Chapter 11 bankruptcy

Accelerate Diagnostics

08/05/2025 13:18

May 8 (Reuters) - Accelerate ceo says the company plans a sale of assets through a court-supervised auction, has a stalking-horse bidder, and hopes to close within 90 days, court records show

Accelerate diagnostics files for chapter 11 bankruptcy protection in delaware, court records show

Accelerate says it had $28.6 million assets, $84.6 million debts as of december 31, 2024

Accelerate says it has faced headwinds including the covid-19 pandemic, regulatory headwinds, too much debt, unfavorable capital markets, and competition