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Biotech Firm Amyris Files for Bankruptcy in US

The news comes just days after the company shut down its Onda Beauty and Costa Brazil brands.
Amyris CEO John Melo is leaving the company.
Amyris CEO John Melo is leaving the company. (Getty Images)

Biotech firm Amyris Inc on Wednesday said it has filed for Chapter 11 bankruptcy in a U.S. court and is planning to sell its consumer brands to improve the company’s liquidity position.

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