Bankrupt startup uBiome auctioned for 1% of its original valuation - STAT

Bankrupt startup uBiome auctioned for 1% of its original valuation - STAT

STAT Plus: Bankrupt uBiome preliminarily sells patents for 1% of the poop-testing startup’s original valuation

By ERIN BRODWIN

ALISSA AMBROSE/STAT

The winning bidder offered $7 million for uBiome's patents and related intellectual property, according to a source and public bankruptcy documents.

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