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APHT Aphton (MM)

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aphton (MM) NASDAQ:APHT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Aphton Corporation Files For Bankruptcy

23/05/2006 10:00pm

Business Wire


Aphton (NASDAQ:APHT)
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Aphton Corporation (NASDAQ:APHT) announced today that it has filed a voluntary petition under chapter 11, title 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company is seeking offers to purchase its assets out of bankruptcy. Any sale will be subject to Bankruptcy Court approval. "We regret that circumstances have forced the company to file for chapter 11 bankruptcy protection. However, we appreciate the support we have received over the years from our employees, vendors, investors and collaborative partners," stated Patrick Mooney, MD, Chairman and Chief Executive Officer of Aphton. About Aphton Aphton Corporation, headquartered in Philadelphia, Pennsylvania, is a biopharmaceutical company.

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