Artimplant applies for its own bankruptcy
The Board of Directors and the CEO of Artimplant AB (publ) have decided to apply for its own bankruptcy. The reasons behind the insolvency and the liquidity problems are related to the ongoing litigations in the USA, where Artimplant has been sued by approx. 50 patients who claims they have been injured by the CMC Spacer, and the ongoing Arbitration in Sweden, which has been initiated by Artimplant to determine which insurance company or insurance broker are responsible for each claim related to the litigations in the USA. The ongoing disputes have had a negative impact on Artimplants