(NEWSER) - Earlier this month, Martin Shkreli's companydumped him as CEO after he was arrested for securities fraud. But the damage to KaloBios Pharmaceuticals has been done, and Tuesday the company filed for Chapter 11 bankruptcy protection in Delaware, Reuters reports.

The filing lists assets of more than $8 million and a debt of around $1.9 million, with between 100 and 199 creditors,CNN notes.

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