Trou­bled poop-test­ing start­up uBio­me an­nounces plans for liq­ui­da­tion

Your fa­vorite, fun-lov­ing, poop-test­ing, bac­te­ria-div­ing, un­der fed­er­al in­ves­ti­ga­tion, bank­rupt start­up with the pos­si­bly fun­da­men­tal­ly flawed sci­ence is — alas — shut­ting down.

uBio­me has filed to con­vert its Chap­ter 11 bank­rupt­cy in­to a Chap­ter 7 liq­ui­da­tion, all but spelling the end for a once soar­ing com­pa­ny that part­nered with re­searchers at Har­vard and Stan­ford and wooed Sil­i­con Val­ley in­vestors, but ul­ti­mate­ly found it­self ow­ing po­ten­tial­ly hun­dreds of mil­lions to health­care com­pa­nies, lay­ing off half of its staff and un­der fed­er­al in­ves­ti­ga­tion for its billing prac­tices.

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