Insightra Medical Inc., a device maker which filed for bankruptcy after its investment firm owner became the target of civil and criminal complaints by the U.S. government, lost access to financing and is teetering on the edge of liquidation.

Insightra lawyer Anthony Saccullo said at a court hearing Monday that its direct shareholder Odyssey Life Science Holdings LLC was cutting off the financing, including $500,000 the company needed in the short term.


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