Biotech Co. Gamida Gets OK For Prepack Ch. 11 Plan

By Ben Zigterman · May 22, 2024, 1:49 PM EDT

A Delaware bankruptcy judge said she would approve a prepackaged confirmation plan for Gamida Cell Inc. that would turn the biotechnology company over to its largest creditor....

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Bankruptcy Scorecard

Summary

Biotech company Gamida Cell Inc. filed for Chapter 11 protection in Delaware bankruptcy court after reaching a take-private deal with its largest creditor to extend up to $45 million in new capital and forgive more than $4 million in secured debt

Case Number

1:24-bk-11003

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Related Sections

Case Information

Case Title

Gamida Cell Inc.

Case Number

1:24-bk-11003

Court

Delaware

Nature of Suit

Date Filed

May 13, 2024

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