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  Worldwide Medical Corp. manufactures and markets home screening tests for the detection of drugs of abuse, alcohol, pregnancy, and colorectal disease. The company’s products include the only FDA 510K Home Drug Testing Kits cleared for over-the-counter sales. In addition, the company provides laboratory services.
 
The company sought bankruptcy protection due to a leveraged balance sheet and to develop a plan of reorganization with creditors.
 
Curtis was retained to structure and manage an auction of the company’s assets, including proprietary technology, in an accelerated six-week period.

 

 

 

 


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