🧴New Chapter 11 Bankruptcy Case - PolarityTE Inc.🧴

Another sale case.

On June 6, 2023, publicly-traded PolarityTE Inc. ($PTE) and two affiliates (together, the “debtors”) filed chapter 11 cases in the District of Utah (Judge Anderson). The debtors sell SkinTE, a regenerative tissue product shown in clinical trials to treat diabetic skin ulcers and venus leg ulcers. The former is purportedly a $1b market…