Athenex voluntarily files for Chapter 11 proceedings
14/05/2023 16:34
May 14 (Reuters) - Drugmaker Athenex Inc ATNX.O and
certain of its subsidiaries voluntarily filed for Chapter 11
proceedings, the company said on Sunday.
Following an ongoing strategic review, Athenex reached an
agreement with its lenders to move forward with an expedited
sale process of its assets, the company said in a statement.
(Reporting by Maria Ponnezhath in Bengaluru)
((Maria.Ponnezhath@thomsonreuters.com; +91 8061822749;))