Eiger BioPharmaceuticals, Inc.

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Case Number:

8:24-bk-80040

Court:

Texas Northern

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. May 29, 2024

    Drug Co. Eiger Can Probe Lender On Foiled PIPE Deal Fallout

    Eiger BioPharmaceuticals received a Texas bankruptcy judge's approval Wednesday to collect documents from lender Innovatus Life Sciences tied to what the rare-disease drugmaker called Innovatus's decision to "manufacture" a default under a credit agreement, a move that allegedly blew up a potential financing deal and precipitated Eiger's Chapter 11 filing.

  2. May 03, 2024

    Biotech Eiger Says Ch. 11 Should Stay In Texas

    Rare-disease treatment developer Eiger has urged a Texas bankruptcy judge to keep its Chapter 11 in the Dallas court despite an attempt by the U.S. Trustee's Office to have the case transferred to Delaware or California, asserting that it is a virtual business with its closest physical ties in Texas.

  3. May 01, 2024

    Eiger Gets Deal With Merck Over $46M Rare-Disease Drug Sale

    Bankrupt Eiger BioPharmaceuticals Inc. told a Texas federal judge Wednesday it had struck a tentative agreement with drug company Merck & Co. over licensing rights to a rare-disease drug that it is selling for $46.1 million.

  4. April 29, 2024

    ABI's New Prez, Scammers Charged, Giuliani To Appeal

    The American Bankruptcy Institute named Polsinelli attorney Christopher A. Ward as its new president, the Office of the United States Trustee charged two with fraud for petition preparation services, and Rudy Giuliani asked a New York judge for permission to appeal his $148 million defamation verdict to the D.C. Circuit.

  5. April 23, 2024

    Biotech Eiger Can Sell Rare-Disease Drug For $46M In Ch. 11

    Insolvent biotechnology company Eiger BioPharmaceuticals Inc. received approval Tuesday at a hearing in Texas to sell its drug treatment for a rare genetic disorder to Sentynl Therapeutics, a subsidiary of Indian drugmaker Zydus Lifesciences, for $46.1 million.

  6. April 15, 2024

    US Trustee Wants Biotech Eiger's Ch. 11 Booted From Texas

    The U.S. Trustee's Office has asked a Texas bankruptcy judge to remove the Chapter 11 case of Eiger BioPharmaceuticals Inc. from the Lone Star State, saying the company cannot justify bringing it there.

  7. April 03, 2024

    Biotech Eiger Can Take Sentynl's Improved Drug Bid In Ch. 11

    Eiger BioPharmaceuticals Inc. received approval Wednesday to select a $30 million base offer for its Zokinvy drug and use cash collateral after a Texas bankruptcy judge dismissed objections to the relief, allowing the company to move ahead with a planned auction for its rare-disease treatments.

  8. April 01, 2024

    Eiger BioPharmaceuticals Hits Ch. 11 With $53.1M Debt

    Eiger BioPharmaceuticals Inc. filed for Chapter 11 protection in Texas bankruptcy court Monday with $53.1 million of debt and plans to sell its assets during the case.