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Diagonal Bio to File for Bankruptcy in Sweden Amid 'Strained' Financials

MT Newswires·12/11/2025 07:16:19
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07:16 AM EST, 12/11/2025 (MT Newswires) -- Diagonal Bio (DIABIO.ST) will submit a bankruptcy application to the District Court of Lund in Sweden on Thursday, according to a same-day release. The Swedish biotechnology company said its "strained financial situation" remains unresolved despite "extensive work and efforts."