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Case Studies

Prescription Drugs Company Avoids Bankruptcy

The Company: A Public Prescription Drugs Benefit Company

The Issue: Inability to bring the company to profitability; lack of cash flow

The Work:

  • Stepped in as an interim CFO
  • Reduced costs and assisted in closing a convertible note round of financing
  • Advised Board of Directors on finance and operations
  • Sold two business lines
  • Negotiated with equity holders to allow agreed-upon resolution for sale of assets, avoiding bankruptcy


  • Interim CFO
  • Workout


  • Medical Insurance