Biotech firm files Chapter 11 bankruptcy for 3 labs, explores crypto plan [Yahoo! Finance]
ProPhase Labs, Inc. (PRPH)
US:NASDAQ Investor Relations:
prophaselabs.com/investors/annual-reports
Company Research
Source: Yahoo! Finance
testing lab units have filed for reorganization under Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey. The bankruptcy action is "strictly" limited to the COVID-19 testing lab units which are collectively owed tens of millions of dollars by insurance companies, the statement read. The goal of the bankruptcy filing is to accelerate recovery of funds that ProPhase Labs believes were lawfully owed for its testing services. Related: What is Crypto? Cryptocurrency explained “Filing the lab subsidiaries in bankruptcy court was the critically important next step that we have all been waiting for," said Karkus. "The Crown Medical Collections group of attorneys will now directly approach these insurance companies with litigation and the potential for early settlements." The attorneys have estimated cash collections worth $50 million or more for the company net of all legal and contingency fees, he added. More News: Bankrupt Bitcoin miner faces new
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PRPH
News
- ProPhase Labs, Inc. (PRPH) Discusses Milestones in Cancer Diagnostics, Genomics Expansion, and COVID Accounts Receivable Collection Transcript [Seeking Alpha]Seeking Alpha
- ProPhase Labs Inc (PRPH) Q3 2025 Earnings Call Highlights: Strategic Initiatives and Financial ... [Yahoo! Finance]Yahoo! Finance
- Join ProPhase Labs' Exclusive Live Investor Webinar and Q&A Session on December 1 [Yahoo! Finance]Yahoo! Finance
- Join ProPhase Labs’ Exclusive Live Investor Webinar and Q&A Session on December 1GlobeNewswire
- ProPhase Labs, Inc. (PRPH) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
PRPH
Earnings
- 8/13/25 - Beat
PRPH
Sec Filings
- 11/26/25 - Form 8-K
- 11/25/25 - Form 8-K
- 11/25/25 - Form 8-K
- PRPH's page on the SEC website