LifeScan Emerges from Financial Restructuring Process
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Glucose management company LifeScan emerges from Ch. 11
LifeScan announced today that it emerged from its Chapter 11 financial restructuring process as it looks to continue advancing its glucose management offerings. Malvern, Pennsylvania-based LifeScan said in July that it entered into a restructuring support agreement. To implement it, the company filed for Chapter 11. In October, the Chapter 11 bankruptcy reorganization plan received U.S. Bankruptcy Court approval. Through the process, Lifescan sa…
LifeScan Successfully Emerges from Financial Restructuring Process, Enters Next Chapter with Renewed Strength
Eliminates More Than 75% of Prepetition Debt, Positioning Company to Improve Product Affordability and Availability in Key Markets New Ownership Group to Support LifeScan’s Commitment to Improving Life for People with Diabetes MALVERN, Pa.--(BUSINESS WIRE)--LifeScan (the “Company”), a world leader in blood glucose monitoring, today announced its successful emergence from its Chapter 11 financial restructuring [...] The post LifeScan Successfully…
LifeScan Emerges from Financial Restructuring Process
MALVERN, Pa.–(BUSINESS WIRE)–LifeScan, a world leader in blood glucose monitoring, today announced its successful emergence from its Chapter 11 financial restructuring process following approval of its Plan of Reorganization on October 27, 2025. Through this process, the Company eliminated more than 75% of its debt, providing the financial flexibility needed to continue its leadership in the glucose management industry. In connection with emerge…
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