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bingster

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bingster

Re: miningguy2004 post# 2684

Friday, 07/17/2009 1:36:44 AM

Friday, July 17, 2009 1:36:44 AM

Post# of 8316
Latest News Headlines for Biopure Corp
Biopure Files For Bankruptcy Protection, Sets Asset Sale
Thursday 07/16/2009 5:28 PM ET - Dow Jones News
DOW JONES NEWSWIRES

Biopure Corp. (BPUR) filed for Chapter 11 bankruptcy protection to clear the way for the sale of its assets to OPK Biotech LLC.
Biopure, which develops technologies that intravenously deliver oxygen to body tissue, said five months ago that it was exploring options. At the time, the company also said its auditors had raised doubts about the company's ability to continue as a going concern. The Food and Drug Administration dealt another blow to the company when it put a trial for its Hemopure product on hold.
It appears that OXBO has outlasted the competition FWIW.
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