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Nov. 19, 2002
La Jolla Biotechnology Firm Files for Chapter 11
Cutting-edge technology doesn't mean a thing if you don't have the cold, hard cash to support it. So La Jolla biotechnology company Advanced Tissue Sciences Inc. headed to the doors of U.S. Bankruptcy Court in San Diego, filing a Chapter 11 bankruptcy petition last month. To cope with its financial problems, it has agreed to sell its interest in a joint venture, subject to court approval.
So La Jolla biotechnology company Advanced Tissue Sciences Inc. headed to the doors of U.S. Bankruptcy Court in San Diego, filing a Chapter 11 bankruptcy petition last month. To cope with its financial problems, it has a...
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