October 25, 2022
Life Sciences
  • Juul Labs Inc. is discussing a bailout with two of its top shareholders in an effort to avert a bankruptcy filing. The bailout option would position Juul to stay in business and fight the Food and Drug Administration’s (FDA) paused ban to keep the company’s products off the U.S. market. However, according to people familiar with the matter, the company could decide not to pursue the deal and has been preparing for a possible chapter 11 filing. (Article here)