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Wednesday, August 01, 2012

Durham company files $9.5M bankruptcy - Triangle Business Journal



Durham company files $9.5M bankruptcy - Triangle Business Journal
Curaxis Pharmaceutical Corp. is liquidating in bankruptcy, putting an end to its 11-year effort to develop a drug for Alzheimer’s treatment.
The Durham-based company (OTC:CURX) reported $9.5 million in liabilities on its Chapter 7 petition, filed Monday in U.S. Bankruptcy Court for the Eastern District of North Carolina.

It reported assets of just $14,000

LMAO!

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