The Board of Directors of Medfield Diagnostics has decided to apply to declare the company bankrupt.

The bankruptcy application was filed June 18, 2024, with the Gothenburg District Court and it has approved the file for bankruptcy of Medfield Diagnostics.

The reason for the bankruptcy filing is that, despite intensive work in 2024, Medfield has not found a sound and workable solution for its strained financial situation in the short and medium term, it states. Unfortunately, under the current circumstances, this work has been fruitless, despite positive customer feedback about the product’s properties, the company states further.

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