The latest chapter of HDL’s legal saga sees the former blood testing firm take aim against True Health Diagnostics, the Texas-based company that purchased most of its assets last year.
Health care
Pediatric health practice expands, rebrands
A health practice has opened a third office on the Southside amid a name change and rebranding, and orthopedic firm recently acquired a group in Lynchburg.
Remains of HDL move toward liquidation
After selling off the bulk of the business, the bankrupt blood testing company is now working toward the liquidation of the assets it has left and filed a preliminary plan in court last week.
The 2015 saga of HDL
2015 was a tumultuous year for local blood testing firm Health Diagnostic Laboratory, ending with its sale to a competitor and investigations and lawsuits still standing against several of its former executives.
Former HDL execs win access to $4M of insurance policy
Several of HDL’s former higher-ups, including two of its co-founders, will be able to tap into some of the company’s insurance policy to cover legal fees, although several argued that the money won’t be enough.
Healthcare firm inks first merger
The newly created parent company of a behavioral health network has purchased a North Carolina firm and has another acquisition on the way in Pennsylvania.
VCU, HDL alums launch firm to fight liver disease
With a celebrated VCU medical professor at the helm, a pharmaceutical startup is hoping to raise $3 million to begin work with drug developers battling two widespread types of liver disease.
True Health’s tests draw patent lawsuit
The company that bought HDL out of bankruptcy is now facing its own legal troubles: An Ohio competitor, which had a testing deal with HDL, is claiming patent infringement and demanding True Health to stop performing some tests.
HDL founder attempts to tap $10M insurance policy
Facing lawsuits from the federal government and a major insurer, Tonya Mallory is pushing for access to HDL’s $10 million policy for current and former executives.
On-call healthcare service shutting down western offices
Just a few years after opening offices near Seattle and Chicago, a local healthcare company has decided to concentrate on its East Coast operations and will shutter three offices.