Winnipeg Free Press
By: Ross Marowits, The Canadian Press
Posted:
Last Modified: 5:21 PM CDT Tuesday, Apr. 6, 2021
Spartan Bioscience Inc. has filed for creditor protection after pausing shipments of its rapid COVID-19 test due to an issue with the product.
Spartan Bioscience Inc. has filed for creditor protection after pausing shipments of its rapid COVID-19 test due to an issue with the product.
The Ottawa-based company said some customers were getting a high level of inconclusive results. That's not a safety issue, but it's seeking protection from creditors while it restructures its operations and refines the test's performance.
Spartan said it's laying off 60 employees, or around 70 per cent of its workforce.