Brief: Mithra Applies To Liege Company Court For A "Transfer Under Judicial Supervision" For Mithra CDMO

Mithra Pharmaceuticals SA

28/03/2024 07:08

March 28 (Reuters) - Mithra Pharmaceuticals SA
 MITRA.BR :
    * MITHRA APPLIES TO LIEGE COMPANY COURT FOR A "TRANSFER
UNDER
JUDICIAL SUPERVISION" FOR MITHRA CDMO
    * APPLIES TO LIEGE COMPANY COURT FOR OPENING OF "JUDICIAL
REORGANIZATION" TO REACH AN AMICABLE AGREEMENT WITH ITS
CREDITORS AND RESTRUCTURE DEBT OF NOVALON
    * IN AGREEMENT WITH ITS SENIOR SECURED LENDERS, USES
PROCEEDS FROM
SALE OF ITS SHARES IN MAYNE PHARMA TO PREPAY LOANS
    * RECEIVED APPROVAL FROM RELEVANT AUTHORITIES FOR EITHER
PART-TIME
OR FULL-TIME TEMPORARY UNEMPLOYMENT FOR PORTION OF WORKFORCE

Further company coverage:  MITRA.BR 

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