BIOSYNEX exits its backup procedure

On October 12, 2026, the Strasbourg Judicial Court approved BIOSYNEX's safeguard plan, bringing to a close the safeguard proceedings initiated in September 2025. This decision follows the plan's approval by the relevant parties the previous month and entails a significant reduction in the company's debts. Indeed, unsecured creditors have agreed to write off €20.1 million of their claims. Larry Abensur, CEO of BIOSYNEX, hails this step as crucial for the company's future stability. An enforcement commissioner, Maître WEIL, has been appointed to oversee the implementation of the plan. Details are available on the company's website.