Fierce Biotech December 5, 2023
In the latter half of 2022, Rockley Photonics announced that it had signed the first commercial purchase order for its Bioptx biosensor-tracking wearables, with hopes of getting them on the first customers’ wrists by the end of the year and plans to majorly boost manufacturing throughout 2023.
Things didn’t go according to plan, however, as Rockley kicked off 2023 by filing for Chapter 11 bankruptcy in January. Nearly a year later, after wrapping up the bankruptcy proceedings over the summer and, according to the company, emerging with all of its material customer contracts and tech development programs still in place, Rockley is ready to return to the process of finding buyers for its Bioptx sensor.
According to a Tuesday announcement,...
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