Tampa-based SmartScience Laboratories Inc., a healthcare company known for its OTC products, has filed for Chapter 11 bankruptcy protection. The filing falls under Chapter 11 Subchapter V, a provision specifically designed for small businesses. The filing shows a significant gap between the company’s assets and liabilities.
SmartScience Laboratories Inc. Files for Bankruptcy
According to Pacer, SmartScience Laboratories Inc. filed for bankruptcy on October 29, 2025, in the Middle District of Florida. SmartScience Laboratories Inc. is a healthcare company based in Tampa, Florida. The FDA-registered manufacturer is best known for its flagship product, JointFlex Pain Relieving Cream. The company manufactures OTC drugs and medical devices.
Despite its FDA registration, the company referred to itself as a shell entity in court documents, a contrast to its public image as an active manufacturer. The filing aims to help the company reorganize its finances under court supervision.
The move allows SmartScience to continue operations during the proceedings, ensuring consumers can still access its products.
Significant Imbalance in Assets and Liabilities
According to the filing, SmartScience Laboratories Inc. has assets that are between $0 and $50,000. Meanwhile, the company’s liabilities are between $1 million and $10 million with 50-99 creditors. The company has filed for bankruptcy under Subchapter V of Chapter 11.
The small-business reorganization provision may explain why the company referred to itself as a shell entity. The company has also listed a $725,000 judgment owed to Trividia Manufacturing Solutions Inc. The filing also lists a $756,300 secured loan from Centennial Bank.
Together, these debts account for most of the company’s liabilities. Other than these, the company has previously filed for Chapter 11 bankruptcy in 2019.
Case Filing and Court Proceedings
SmartScience Laboratories Inc. filed a voluntary petition under Chapter 11 Subchapter V bankruptcy. The company paid the required fee and submitted the necessary documents.
Here’s a summary of the bankruptcy:
- Court:Middle District of Florida
- Case Number: 8:25-bk-08072
- Filing Date: October 29, 2025
- Chapter: 11, Subchapter V
- Judge: Catherine Peek Mcewen
- Status: Active, voluntary petition
A telephonic meeting of creditors has been scheduled for December 3, 2025. The company must submit a reorganization plan to the court by January 27, 2026. The repeated filings suggest ongoing financial challenges for the company.
