Xechem International Inc. (fka XKEM)

[Eli's Gone]

Not sure what this means---if anything---or what "moribund" company they are referencing but this appeared today....

http://www.compassnewspaper.com/index.php?option=com_content&view=article&id=2566:-hope-rises-for-treatment-of-sickle-cell-anaemia-in-nigeria&catid=37:general-news&Itemid=607

IF the words of the Managing Director of the Nigerian Export Import (NEXIM) Bank, Mr. Robert Orya, are anything to go by, the hope of sickle cell anemia patient to get one of the most active drugs for the disease in the Nigerian market is high.

Orya, who was speaking while hosting the Finance Correspondents Association of Nigeria (FICAN) in Abuja on Wednesday, said the company manufacturing the drug folded up early last year due to financial crisis and would be resuscitated within the next three months.

He added: “We know the market is there. Apart from trying to get a drug that will stop Nigerians from dying every day, it will produce the required cash flow for us to bail out ourselves, bail out other banks and even bring the moribund company back on its sound footing. We are sure that within the next three weeks, we will commence the special production.