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Stock impact report

Genetic test maker Invitae files for bankruptcy protection in US [Reuters]

Invitae Corporation (NVTA) 
Last invitae corporation earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Reuters
has filed for voluntary Chapter 11 protection in a U.S. bankruptcy court and intends to pursue a sale process. To ensure its business operates as usual, Invitae has requested court approval to fund its bankruptcy protection by using cash on hand, the company said, adding that it intends to transition into Chapter 11 without disrupting operations. Ad Break Coming Up NEXT Stay Next Off English 180p 288p 360p 480p 540p 576p 720p HD 1080p HD Auto (180p) About Connatix V428885 About Connatix V428885 Skip Ad Continue watching after the ad Visit Advertiser website GO TO PAGE The company said in a court filing that its estimated assets were in the $500 million - $1 billion range, while its liabilities were in the $1 billion - $10 billion range. Invitae, which provides genetic testing services for various diseases and cancers in and outside the United States, added in the filing that it had around 1,000-5,000 creditors. The company ha Show less Read more
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