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Accelerate Diagnostics files for Chapter 11 bankruptcy

ReutersMay 8, 2025 12:19 PM

- 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

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