Sunday, 5 August 2012

Bankruptcy Protection-Healthcare Products-Pharmaceutical -Company

K-V Pharmaceutical files for bankruptcy protection

CHICAGO (Reuters) - K-V Pharmaceutical, a Bridgeton-Missouri based Company focused on women's healthcare products, filed for bankruptcy protection on Saturday, blaming federal actions that kept it from getting "full value" of a drug aimed at preventing premature births. The company, founded in 1942, listed debts of $728.3 million and assets of $236.6 million in a filing in bankruptcy court in New York. ... read more..

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