bankruptcy

Wojcicki, cofounder and former CEO of 23andMe, is set to reacquire the company through her nonprofit, TTAM Research Institute.

According to the bankruptcy petition, the company has liabilities of $1 billion to $10 billion and assets of $500 million to $1 billion.

The sale comes four months after The Pill Club paid an $18.3 million settlement for alleged Medicaid fraud in California.

The prescription digital therapeutics company is pursuing a sale of the business or its assets.

Lucira's diagnostic is the first over-the-counter at-home combination test for COVID-19 and flu authorized by the FDA.

After declaring bankruptcy at the beginning of 2019, the Canadian company sold some of its patents to Honeywell.

What the loss of one of the earliest and most well-known companies in the digital health space tells us about digital health and pharma.

The news comes months after reports that the company had furloughed staff and couldn't secure additional funding for its-ingestible sensor business.

About two weeks after reports of it shutting down surfaced, HealthSpot, which offered telemedicine kiosks for workplace and retail locations, has filed for Chapter 7 bankruptcy liquidation, according to a report in Columbia Business First.