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Nutrition 21 Files Bankruptcy With $122.8 Million in Debt

Nutrition 21 Inc., a developer of pharmaceutical type supplements, filed for bankruptcy in White Plains, New York.

The Chapter 11 petition today listed $122.8 million in liabilities and less than $7.2 million in assets. Subsidiaries Heart’s Content Inc., Iceland Health LLC and Nutrition 21 LLC also filed. The Purchase, New York-based company’s products include Chromax chromium picolinate and Zinmax zinc picolinate, according to its website.