Key facts
- Inotiv Inc. has filed for bankruptcy protection.
- The company breeds dogs and imports monkeys for drug experiments.
- Stricter US canine farm regulations contributed to the bankruptcy.
- Tariffs on non-human primates from China also impacted the company.
Inotiv Inc., a company specializing in breeding laboratory animals including dogs and importing monkeys for drug experiments, has filed for bankruptcy. The company attributes its financial difficulties to a combination of factors, including stricter regulations imposed on its canine breeding facilities within the United States. Additionally, tariffs placed on non-human primates sourced from China have significantly impacted its operations. These challenges have led the company to seek protection under bankruptcy laws. The company made the filing in the U.S. Bankruptcy Court for the District of Delaware.