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Stock impact report

Why A $2.4 Billion Biotech Fund Filed For Bankruptcy Over $500K [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
opening bell in New York City on March 10, 2025. (Photo by CHARLY TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images) AFP via Getty Images A Solvent Fund In Bankruptcy Court On December 9, 2025, Apple Tree Partners (ATP), a New York-based life sciences venture capital firm, filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware. The filing was unusual from the start: by ATP's own account, the fund held between $1 billion and $10 billion in assets against liabilities described in court documents as less than $500,000. ATP said the Chapter 11 was necessary to protect funding for portfolio companies developing treatments for cancer, neurological disorders, and infectious disease. Seth Harrison, ATP's founder and managing partner, stated that the firm had "no doubt that the fundamentals underpinning our investments are strong" and that its portfolio companies "continue to show great promise to deliver significant returns on i Show less Read more
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