The U.S. Trustee, the bankruptcy arm of the Justice Department, will appoint one or more committees to represent the interests of creditors and stockholders in working with the company to develop a plan of reorganization to get out of debt.
Alexion Pharmaceuticals Inc. is an American pharmaceutical company best known for its development of Soliris, a drug used to treat the rare disorders atypical hemolytic uremic syndrome (aHUS) and paroxysmal nocturnal hemoglobinuria (PNH).
Solvadi was the second hepatitis C virus drug approved by the FDA in two weeks; the agency on November 22 approved Olysio (simeprevir), a treatment developed by Johnson & Johnsonâs Janssen Pharmaceuticals unit.