Xechem International Inc. (fka XKEM)

[Larrywh]

Could this moribund company be XeChem yet to be turned around and put "back on its sound footing"???


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.