The 11 biopharma companies that declared bankruptcy this year

The 11 biopharma companies that declared bankruptcy this year

Source: 
Biopharma Dive
snippet: 

Eleven biopharmas have filed for bankruptcy so far this year, including Purdue Pharma, Achaogen and Pernix Therapeutics.

While Chapter 11 filings are rare in the biotech and pharma industries, more drugmakers have this year fallen to zero than in any year since at least 2011.