http://www.biospace.comBioSpace RSS GeneratorWed, 19 Jun 2013 19:51:35 GMT20http://rss.biospace.com/images/BSPLogo.gifhttp://www.BioSpace.com/news.aspx?SectionId=1Copyright (C) 2011http://www.biospace.com/news_story.aspx?StoryID=298459&full=1Staying up-to-date has never been simpler. Sign up for the <a href"http://www.biospace.com/enewsletter.aspx?typeseo-article&sourcenews-signup">free GenePool newsletter</a> today!<br><br><div id"releaseBody"><p>BURBANK, CA--(Marketwired - May 29, 2013) - <table class"releaseLink"><tr><td class"releaseLink"><b>Highlighted Links</b></td></tr><tr><td><p>&nbsp;</p><a href"http://www...Thu, 30 May 2013 12:00:00 AM GMThttp://www.bcbr.com/article/20130103/NEWS/130109992MicroPhage Inc., a Longmont-based company that makes medical tests that can detect staph infections and determine whether they are resistant to antibiotics, has filed for Chapter 11 bankruptcy protection, with debts in excess of $2.3 million. MicroPhage will attempt to reorganize, according to documents filed Dec. 28 with the Colorado District of the U.S. Bankruptcy Court. Founded in 2002, MicroPhage...Fri, 04 Jan 2013 12:00:00 AM GMThttp://www.businesswire.com/portal/site/biospace/index.jsp?ndmViewId=news_view&newsId=20121004006156&newsLang=enNORTHRIDGE, Calif.--(BUSINESS WIRE)--Judge Victoria Kaufman of the U.S. Bankruptcy Court for the Central District of California (San Fernando Valley Division) approved Gamma Medica Inc.s $1.5 million debtor-in-possession (DIP) financing on a final basis October 3, 2012 as part of its Chapter 11 restructuring. This DIP financing order provides the molecular breast imaging (MBI) manufacturer with...Thu, 04 Oct 2012 12:00:00 AM GMThttp://www.bizjournals.com/charlotte/news/2012/09/24/medcath-dissolving-company.html?ana=otjCharlotte Business Journal by Jennifer Thomas, Staff Writer </p><p>MedCath Corp. has filed paperwork with the Delaware secretary of state to dissolve the company.</p><p>The Charlotte-based health-care provider stopped trading its common stock on the NASDAQ exchange before the market opened Monday. Its stock had traded under the ticker MDTH.</p><p>NASDAQ has advised MedCath it will file...Tue, 25 Sep 2012 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=273231&full=1<div id"releaseBody"><p>BURBANK, CA--(Marketwire - September 17, 2012) - <table class"releaseLink"><tr><td class"releaseLink"><b>Highlighted Links</b></td></tr><tr><td><p>&nbsp;</p><a href"http://www2.marketwire.com/mw/mmframe?prid931451&attachid2095732">Imaging3</a></td></tr></table> Imaging3&#8482;, Inc. (OTCBB: <a href"http://www.marketwire.com/mw/stock.jsp?TickerIMGG">IMGG</a>), developer...Tue, 18 Sep 2012 12:00:00 AM GMThttp://www.bizjournals.com/southflorida/news/2012/08/31/nutra-pharma-corp-faces-involuntary.html?ana=otjSouth Florida Business Journal by Paul Brinkmann, Reporter </p><p>A group of creditors for a Coral Springs-based biotech company, Nutra Pharma Corp., is asking a judge to put the company into Chapter 7 bankruptcy.</p><p>Nutra Pharma (Pink Sheets: NPHC) has focused mainly on marketing a pain reliever product called Nyloxin, which contains ingredients derived from cobra venom.</p><p>Bankruptcy...Wed, 05 Sep 2012 12:00:00 AM GMThttp://www.jsonline.com/business/hartland-wipes-manufacturer-triad-files-for-bankruptcy-ij6eq1m-165732346.htmlThe Business Journal by Jeff Engel, Reporter </p><p>A legally troubled Hartland pharmaceutical company filed for Chapter 11 bankruptcy protection on Thursday.</p><p>Affiliated companies H&P Industries Inc. and Triad Group Inc. filed separate voluntary bankruptcy petitions. H&P is the manufacturing arm and Triad the distributor of the companies products, which include over-the-counter drugs...Wed, 15 Aug 2012 12:00:00 AM GMThttp://www.bizjournals.com/stlouis/blog/BizNext/2012/07/otologics-files-for-bankruptcy.html?ana=otjrssSt. Louis Business Journal by Patricia Miller, Editor </p><p>Otologics LLC, a medical device company with St. Louis ties that was founded in 1996, has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.</p><p>Otologics makes middle ear hearing implants based on Dr. John Fredricksons research into improving hearing by coupling a vibrator to the ossicular chain in the 19...Tue, 31 Jul 2012 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=255998&full=1PORTLAND, Ore.--(BUSINESS WIRE)--HemCon Medical Technologies, Inc. (HemCon) announced today that it filed a voluntary petition for Chapter 11 reorganization in U.S. Bankruptcy Court. </p><p>The filing comes following the U.S. Court of Appeals for the Federal Circuit (CAFC) en banc decision on March 15, 2012 which affirmed an award of $34.2 million in damages to Marine Polymer Technologies, Inc...Wed, 11 Apr 2012 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=249341&full=1<div id"releaseBody"><p>TUCSON, AZ--(Marketwire - February 10, 2012) - CDEX Inc. (OTCBB: <a href"http://www.marketwire.com/mw/stock.jsp?TickerCEXI">CEXI</a>) today announced that to achieve a debt structure that would allow the Company to continue to develop its leading edge products in the healthcare markets with the ValiMed G4 medication safety system and in the security market with its ID...Mon, 13 Feb 2012 12:00:00 AM GMThttp://www.xconomy.com/boston/2011/08/19/waverx-shuts-down-venturewire/WaveRx Inc.'s head slipped under the water forever, a victim of its backers' doubts about the FDA ever giving a green light to its technology for treating diabetic neuropathy. Mark Wan, a founding partner at Three Arch Partners, told the VentureWire blog that his VC company and its two other partners in WaveRx, 5AM Ventures and Polaris Venture Partners, shut the taps last year after waiting for an...Mon, 22 Aug 2011 12:00:00 AM GMThttp://www.thepharmaletter.com/file/105355/cardium-to-acquire-transdels-ph-iii-topical-analgesic-and-cosmeceutical-assets-for-up-to-4-million.htmlJune 27, 2011</span> /PRNewswire/ -- Cardium Therapeutics (NYSE Amex: CXM) today announced that it had entered into an agreement with Transdel Pharmaceuticals to acquire substantially all of Transdel's business assets including a Phase 3 product candidate Ketotransdel<i></i> (TDLP-110), which is a topically-administered analgesic for the treatment of musculoskeletal pain. The business assets would...Tue, 28 Jun 2011 12:00:00 AM GMThttp://www.reuters.com/article/2011/05/20/lemaitre-idUSL4E7GK2X820110520LeMaitre Vascular, Inc., a provider of peripheral vascular devices and implants, today announced a new factory consolidation and its exit from its TAArget/Unifit stent graft business.</p><p>California Factory Consolidation</p><p>On May 16, 2011, the Company's Board approved the closure of its manufacturing facility in Laguna Hills, CA and the transfer of related production to Burlington. The...Tue, 24 May 2011 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=221570&full=1As previously announced delSECUR CORPORATION will dissolve itself and has received majority shareholder approval for such. Using its only asset, it is now finalizing the processing and distribution of QTech shares in satisfaction of its existing debt to all of its lenders. It will now start the process of distributing all of its remaining asset, the balance of QTech shares, to delSECUR CORPORATION...Mon, 23 May 2011 12:00:00 AM GMThttp://www.sbpost.ie/news/ireland/medical-imaging-firm-goes-into-liquidation-55917.htmlPost IE -- A medical imaging business owned by John Gallagher, the founder of the Charter Medical Group, has gone into liquidation after almost 20 years in business.</p><p>Jim Stafford, of corporate recovery firm Friel Stafford, has been appointed liquidator to Dublin-based Photologic, at the request of the company.</p><p>The companys British business has also gone into administration.Mon, 25 Apr 2011 12:00:00 AM GMThttp://www.reuters.com/article/2011/04/19/nmtmedical-idUSL3E7FJ3SC20110419BOSTON, MA--(Marketwire - 04/19/11) - NMT Medical, Inc. (Pinksheets:NMTI - News) (Pinksheets:NMTI - News) today announced that, despite the Company's efforts to obtain additional financing and identify potential strategic transactions, it has failed to raise additional funds or enter into such strategic transaction and, therefore, it has entered into an Assignment for the Benefit of Creditors, effective...Thu, 21 Apr 2011 12:00:00 AM GMThttp://massdevice.com/news/regen-biologics-files-bankruptcyMass Device -- Embattled ReGen Biologics Inc. files voluntary petitions for Chapter 11 bankruptcy protection and announces a $1 million private placement from one of its largest investors.FDA, ReGen Biologics</p><p>ReGen Biologics Inc. filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the District of Delaware. Tue, 12 Apr 2011 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=209147&full=1VANCOUVER, Jan. 31 /CNW/ - Angiotech Pharmaceuticals, Inc. ("Angiotech" or the "Company") today announced that, in connection with its previously announced actions taken under the Companies' Creditors Arrangement Act (the "CCAA Proceedings") before the Supreme Court of British Columbia (the "Canadian Court"), it and each of its subsidiaries that commenced the CCAA Proceedings filed a voluntary petition...Tue, 01 Feb 2011 12:00:00 AM GMThttp://www.theglobeandmail.com/globe-investor/angiotech-to-file-for-creditor-protection/article1886049/ Jan 28 (Reuters) - Angiotech Pharmaceuticals Inc (ANP.TO) said it will file for bankruptcy protection under Canada's Companies' Creditors Arrangement Act to cut $250 million of its debt.Fri, 28 Jan 2011 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=187553&full=1TIBURON, CA--(Marketwire - 07/19/10) - NovaVision, Inc., headquartered in Boca Raton, Fla., filed for Chapter 7 Bankruptcy in the State of Florida (Case #10-21343-PGH) on April 28, 2010 after more than seven years of continuous operation. The bankruptcy trustee has engaged The Magnum Group, Inc., to solicit offers for NovaVision's assets which include the NovaVision Visual Restoration Therapy (VRT...Mon, 19 Jul 2010 12:00:00 AM GMThttp://www.santacruzsentinel.com/localnews/ci_15238320Santa Cruz Sentinel -- BC Tech, a 15-year-old, family-owned product development and contract manufacturing company, has laid off about 25 employees, shuttered its doors and filed Chapter 7 bankruptcy.Wed, 09 Jun 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=180440&full=1HOLLISTON, Mass., May 13 /PRNewswire/ -- Nyer Medical Group, Inc., ("Nyer") announced that on May 12, 2010, pursuant to its previously announced, shareholder-approved Plan of Dissolution, the Board of Directors of the Company approved a sole and final liquidating distribution of $2.08 per common share to holders of the Company's common stock as of record date. As previously disclosed, the record date...Thu, 13 May 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=177130&full=1FREMONT, Calif., April 16 /PRNewswire-FirstCall/ -- Vermillion, Inc. (Pink Sheets: VRML) today announced that the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") issued an order on April 14, approving a Management Incentive Plan (the "Plan") for three directors of the Board Gail S. Page, James S. Burns and John F. Hamilton. Pursuant to the Plan, Vermillion is authorized...Fri, 16 Apr 2010 12:00:00 AM GMThttp://www.theunion.com/article/20100403/NEWS/100409919/0/FRONTPAGEThe Union -- Grass Valley medical equipment firm Eigen Inc. has filed a Chapter 11 bankruptcy in federal court to reorganize the company and save 22 Nevada County jobs. We are not closing, or laying off anybody, or slowing down, said Eigen President and CEO Brian Burr this week. Mon, 05 Apr 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=175579&full=1CLEARWATER, Fla., March 31 /PRNewswire/ -- CCS Medical, Inc. a leading provider of medical supplies, today announced that the Company has completed its financial restructuring and has emerged from protection under Chapter 11 of the United States Bankruptcy Code. Through its restructuring, CCS Medical reduced its outstanding debt to approximately $200 million from approximately $522 million. In addition...Thu, 01 Apr 2010 12:00:00 AM GMThttp://www.bizjournals.com/tampabay/stories/2010/03/08/daily51.html?s=industry&i=health_careTampa Bay Business Journal -- A federal bankruptcy judge has confirmed a plan of reorganization for CCS Medical Inc. The medical supply company said in a release that the plan has the support of the majority of the companys first lien and second lien lenders. CCS expects to emerge from Chapter 11 bankruptcy within the next several weeks, the release said.Fri, 12 Mar 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=170961&full=1<p></p><p></p><p>CLEARWATER, Fla., Feb. 16 /PRNewswire/ -- CCS Medical, Inc. a leading provider of medical supplies, today announced that it will pursue the Plan of Reorganization, dated as of February 9, 2010 (as may be amended, modified, and /or supplemented, the "Plan"). A hearing to consider approval of the Plan has been scheduled for March 11, 2010 with the United States Bankruptcy Court for...Wed, 17 Feb 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=168661&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Mon, 25 Jan 2010 12:00:00 AM GMThttp://www2.godanriver.com/gdr/news/local/danville_news/article/luna_innovations_emerges_from_bankruptcy/17001/<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Wed, 13 Jan 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=167332&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Mon, 11 Jan 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=167238&full=1<p></p><p>FREMONT, Calif., Jan. 7 /PRNewswire-FirstCall/ -- Vermillion, Inc. (VRML) today announced that its Plan of Reorganization was confirmed today by the United States Bankruptcy Court for the District of Delaware. The Honorable Judge Christopher S. Sontchi presided. </p><p></p><p></p><p>On December 28, 2009 Vermillion entered into securities purchase agreements in connection with a private placement...Fri, 08 Jan 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=166876&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Wed, 06 Jan 2010 12:00:00 AM GMThttp://www.pehub.com/59203/vc-backed-bust-hypermed-files-for-bankruptcy/<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Mon, 04 Jan 2010 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=166141&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Mon, 21 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=166098&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Mon, 21 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=165548&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Tue, 15 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=165147&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Thu, 10 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=164745&full=1FREMONT, Calif., Dec. 4 /PRNewswire-FirstCall/ -- Vermillion, Inc. (VRML) (Pink Sheets: VRMLQ - News) announced that on December 3, 2009, it filed its First Amended Plan of Reorganization and related amended Disclosure Statement with the United States Bankruptcy Court for the District of Delaware.</p><p>A hearing to consider the adequacy of the Disclosure Statement is presently scheduled for December...Mon, 07 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=164276&full=1<p></p><p>CLEARWATER, Fla., Dec. 1 /PRNewswire/ -- CCS Medical, Inc. a leading direct-to-consumer provider of medical supplies, today announced that it has received approval from the United States Bankruptcy Court for District of Delaware (the "Court") for its bidding procedures in connection with the marketing and proposed sale of substantially all of its assets.</p><p></p><p></p><p>About CCS Medical...Tue, 01 Dec 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=163918&full=1<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Wed, 25 Nov 2009 12:00:00 AM GMThttp://www.pehub.com/54547/ccs-medical-urges-creditors-to-work-out-solution/ <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Tue, 03 Nov 2009 12:00:00 AM GMThttp://www.xconomy.com/seattle/2009/09/03/archus-orthopedics-spine-device-maker-that-raised-60m-shuts-down-amid-cash-crunch/ <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Fri, 04 Sep 2009 12:00:00 AM GMThttps://www.fis.dowjones.com/article.aspx?ProductIDFromApplication=29&aid=DJFVLS0020090825e58q0002u&r=Rss&s=DJFVLS <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Thu, 27 Aug 2009 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idCABNG50785420090804?rpc=44<div id"releaseBody"><p>MONTREAL, QUEBEC--(Marketwire - August 04, 2009) - Adaltis Inc. (TSX: <a href"http://www.marketwire.com/mw/stock.jsp?TickerTSX:ADS">ADS</a>), an international in vitro diagnostic (IVD) company, today announced that it has filed a voluntary assignment in bankruptcy under the Bankruptcy and Insolvency Act (Canada) in order to effect an orderly liquidation of its assets...Wed, 05 Aug 2009 12:00:00 AM GMThttp://www.businesswire.com/portal/site/biospace2/index.jsp?ndmViewId=news_view&newsId=20090708005575&newsLang=enCLEARWATER, Fla.--(BUSINESS WIRE)--CCS Medical, Inc. (CCS Medical, or the Company), a leading direct-to-consumer provider of medical supplies, today announced that it has reached an agreement with certain holders of its first lien loan to significantly reduce the Companys debt and improve its capital structure.Wed, 08 Jul 2009 12:00:00 AM GMThttp://www.xconomy.com/boston/2009/01/27/innovative-spinal-technologies-jilted-now-bankrupt-source-says/ <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Wed, 03 Jun 2009 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINBNG38436220090515?rpc=44 <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Mon, 18 May 2009 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINBNG43019920090514?rpc=44 <!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border...Fri, 15 May 2009 12:00:00 AM GMThttp://www.pehub.com/39414/vc-backed-aspen-medtech-shuts-down/<!-- AddThis Button BEGIN --><script type"text/javascript">var addthis_pub"bdwyer";</script><a href"http://www.addthis.com/bookmark.php?v20" onmouseover"return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout"addthis_close()" onclick"return addthis_sendto()"><img src"http://s7.addthis.com/static/btn/sm-share-en.gif" width"83" height"16" alt"Bookmark and Share" style"border:0...Fri, 08 May 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=133406&full=1<p>FREMONT, Calif., April 2 /PRNewswire-FirstCall/ -- Vermillion, Inc. today announced that it has filed a voluntary petition for reorganization relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware ("Bankruptcy Court") in Wilmington, Delaware. The company plans to continue operating without interruption as it focuses on obtaining...Thu, 02 Apr 2009 12:00:00 AM GMThttp://www.marketwatch.com/news/story/10-q-zila-inc/story.aspx?guid=%7BDC61E945-F0EB-4451-BE30-B87F6E9E72E9%7D&dist=msr_4Zila Inc.s worsening financial situation might force the company to file for Chapter 11 bankruptcy, despite a number of cost-saving measures, according to financial statements filed March 17.Thu, 19 Mar 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=130872&full=1 PASADENA, Calif.--(BUSINESS WIRE)--Arbios Systems, Inc. (OTC: ABOSQ - News) today announced that it has signed a term sheet containing preliminary terms for a recapitalization of the Company through a $1,000,000 stock subscription by Arbios Acquisition Partners, LLC (AAP). Since January 9, 2009, the Company has been proceeding under Chapter 11 of the United States Bankruptcy Code under the jurisdiction...Tue, 17 Mar 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=130275&full=1 CHATSWORTH, Calif.--(BUSINESS WIRE)--North American Scientific, Inc. (Nasdaq:NASM - News) announced today that it has filed voluntary petitions in U.S. Bankruptcy Court for the Central District of California for reorganization under Chapter 11 of the U.S. Bankruptcy Code.</p><p>In its filing with the Bankruptcy Court, the Company cited that its bank, pursuant to its rights under the certain lending...Thu, 12 Mar 2009 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINN2029094720090220?rpc=44NEW YORK, Feb 20 (Reuters) - CHAD Therapeutics Inc, a California company that make devices for sleeping disorders under the name Dormio Tech, filed for Chapter 7 bankruptcy last month and has ceased operations, according to a regulatory filing Friday.Mon, 23 Feb 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=122508&full=1PASADENA, Calif.--(BUSINESS WIRE)--Arbios Systems, Inc. (OTC: ABOS - News) today announced that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. A Chapter 11 filing enables the Company to continue to seek bids for the sale of the Company and/or its assets while working with its creditors.</p><p>Arbios previously...Mon, 12 Jan 2009 12:00:00 AM GMThttp://www.globenewswire.com/newsroom/news.html?d=157063SEATTLE, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Northstar Neuroscience, Inc., (Nasdaq:NSTR), a medical device company developing therapies for the treatment of major depressive disorder, today announced that its Board of Directors has determined, in its best business judgment after consideration of potential strategic alternatives, that it is in the best interests of the Company and its shareholders to liquidate...Mon, 05 Jan 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=121589&full=1CEDAR KNOLLS, N.J., Dec. 30 /PRNewswire-FirstCall/ -- Scantek Medical, Inc. (Pink Sheets: SKML - News; "Scantek") announced today that on December 24, 2008 it filed a voluntary petition in the United States Bankruptcy Court pursuant to Chapter 11 of Title 11 of the United States Code.</p><p>Scantek also announced today that it has shipped 35,000 units of its BreastCare(TM)/BreastAlert(TM) Differential...Fri, 02 Jan 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=121590&full=1LINCOLNSHIRE, ILLINOIS--(MARKET WIRE)--Dec 30, 2008 -- MonoGen, Inc. (Toronto:MOG.TO - News) has today announced that its US subsidiary, MonoGen, Inc., ("MonoGen USA") will be pursuing an out-of-court liquidation conducted by a common law Assignment for the Benefit of Creditors which it believes will permit the most efficient liquidation and provide the best structure to realize value for its stakeholders...Fri, 02 Jan 2009 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=120367&full=1EDMONTON, ALBERTA--(MARKET WIRE)--Dec 11, 2008 -- ViRexx Medical Corp. ("ViRexx" and/or the "Company") announced today that an application (the "Court Application") was made today before Justice Bielby of the Court of Queen's Bench of Alberta (the "Court") for approval of an Order for Reorganization in ViRexx's Proposal Proceedings under the Bankruptcy and Insolvency Act (Canada) and under the Alberta...Fri, 12 Dec 2008 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINBNG16434220081202?rpc=44Dec 2 (Reuters) - Artes Medical Inc, which makes dermal fillers used in cosmetic treatments, filed for Chapter 7 bankruptcy and plans to liquidate as it has been hit by a drop in consumer spending due to the severe economic downturn.Tue, 02 Dec 2008 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINBNG21317220081121?rpc=44Nov 21 (Reuters) - Artes Medical Inc said it may need to explore liquidation through a bankruptcy filing due to liquidity concerns in the face of falling sales caused by lower consumer spending.Fri, 21 Nov 2008 12:00:00 AM GMThttp://www.reuters.com/article/marketsNews/idINN2343675920080723?rpc=44NEW YORK, July 23 (Reuters) - ProxyMed Inc a medical information technology company that also operates as MedAvant Healthcare Solutions, filed for Chapter 11 reorganization on Wednesday and may sell its assets to private equity firm Marlin Equity.Thu, 24 Jul 2008 12:00:00 AM GMThttp://www.businesswire.com/portal/site/biospace2/index.jsp?epi-content=GENERIC&newsId=20080314005525&ndmHsc=v2*A1204894800000*B1205536117000*DgroupByDate*J2*N1003652&newsLang=en&beanID=2039556742&viewID=news_viewANDOVER, Mass.--(BUSINESS WIRE)--Diomed Holdings, Inc. (AMEX: DIO), a leading developer and marketer of minimally invasive medical technologies, including its patented EVLT laser treatment for varicose veins, announced that it, together with its wholly owned subsidiary, Diomed, Inc., filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court...Fri, 14 Mar 2008 12:00:00 AM GMThttp://www.biospace.com/news_story.aspx?StoryID=83021&full=1<p> WESTON, Fla., Jan. 16 /PRNewswire/ -- OMI Medical Imaging, Inc. (OMI), announced today that it and certain affiliated companies filed for Chapter 11 protection with the U.S. Bankruptcy Court for the Southern District of Florida on January 15, 2008.</p><p> Since the Deficit Reduction Act reimbursement cuts took effect on January 1, 2007, the company has been unable to meet certain financial...Thu, 17 Jan 2008 12:00:00 AM GMThttp://home.businesswire.com/portal/site/biospace2/index.jsp?epi-content=GENERIC&newsId=20070801006224&ndmHsc=v2*A1185447600000*B1186064166000*DgroupByDate*J2*N1003652&newsLang=en&beanID=2039556742&viewID=news_viewLAKE FOREST, Calif.--(BUSINESS WIRE)--InSight Health Services Holdings Corp. (InSight) announced that InSight and its wholly owned subsidiary InSight Health Services Corp. (IHSC) emerged from Chapter 11 today.Following a successful two-month prepackaged restructuring, InSight has eliminated $194.5 million of long-term debt, and strengthened its balance sheet. InSight also announced that it...Thu, 02 Aug 2007 12:00:00 AM GMT