Haemacure puts up "for sale" sign

16 Feb 2009

• By Christopher Spillane

Haemacure has put itself up for sale while its hunt for financing continues to be unsuccessful. The Canadian company, which has been seeking cash since the third quarter of last year, will also suspend development of its lead candidate and reduce costs.

The company said that it has 90 days to arrange a bridge loan, obtain new financing, sell or merge itself....

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