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Joe Somebody

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Joe Somebody

Re: wiseassowl post# 2391

Tuesday, 11/24/2015 7:07:39 PM

Tuesday, November 24, 2015 7:07:39 PM

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Baxano is screwed.

Management sold every valuable asset to themselves under new names and declared a bankruptcy.


"But AxiaLIF now has new life under an old name. Snapped up at auction, AxiaLIF has become the lead product of a Denver, CO, medical device startup that also took the TranS1 name.

“It was on our radar prior to the bankruptcy,” Jeff Schell, CEO of the new TranS1, says of the device. “We knew that it needed to be preserved.”""

http://www.xconomy.com/raleigh-durham/2015/11/17/salvaged-from-bankruptcy-trans1-medical-device-finds-new-life/
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