MedWatch

Orphazyme reveals survival plan: Possible buyers and investors have been contacted

Possible buyers and investors have been contacted as part of Orphazyme’s plan for survival. If they do not take the bait, the company will struggle to make ends meet, the plan says.

Photo: Orphazyme/PR

Embattled biotech company Orphazyme has revealed its reconstruction plans, made with legal firm Gorissen Federspiel, to save the company from the grips of bankruptcy.

It is clear that Orphazyme wants to survive – and the restructuring plan suggests it still has hopes for its key asset, arimoclomol.

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