DMK Pharma Lands $3.2M Deal To Sell Drug In Ch. 11

By Emlyn Cameron · May 6, 2024, 5:34 PM EDT

Drugmaker DMK Pharmaceuticals Corp. informed a Delaware bankruptcy judge Monday that the debtor worked out a tentative agreement in its Chapter 11 case to sell an opioid overdose recovery treatment for...

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Bankruptcy Scorecard

Summary

DMK Pharmaceuticals has applied for Chapter 11 protection in Delaware, citing recent clinical trial failures and product recalls, as well as the government's allegation that a subsidiary engaged in criminal activities, as reasons for seeking bankruptcy relief.

Case Number

24-10153

Judge

Mary F. Walrath

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$13.9M

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Documents

Case Information

Case Title

DMK Pharmaceuticals Corporation

Case Number

24-10153

Court

Delaware

Nature of Suit

Date Filed

February 02, 2024