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Sorrento Gets OK For 5-Month Ch. 11 Wind-Down

By Emily Lever ( November 30, 2023, 10:05 PM EST) -- A Texas bankruptcy judge on Thursday approved drug developer Sorrento Therapeutics Inc.'s disclosure statement and its Chapter 11 liquidation plan, which would go into effect in five months, possibly offering the debtor an opportunity to find an alternative to liquidation....

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