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Biotech Co. Accelerate Diagnostics Hits Ch. 11 With Sale Plan

By Alex Wittenberg · May 8, 2025, 11:12 AM EDT

Medical technology company Accelerate Diagnostics Inc. filed for Chapter 11 protection in Delaware bankruptcy court Thursday with $90.2 million of debt and a plan to sell the business to lender Indaba...

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Bankruptcy Scorecard

Summary

Medical technology company Accelerate Diagnostics Inc. filed for Chapter 11 protection in Delaware bankruptcy court with $90.2 million of debt and a plan to sell the business to lender Indaba Capital Management for $36.9 million.

Case Number

1:25-bk-10837

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$90.2 million of debt

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