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Biopure files Chapter 11, plans sale

By D.C. Denison
Globe Staff / July 18, 2009

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Biopure Corp. , the ambitious Cambridge biotech firm that was working on developing a human blood substitute, has run out of time and money. The company said it filed for Chapter 11 bankruptcy protection and will sell most of its remaining assets to OPK Biotech LLC, a Delaware company. (Full article: 474 words)

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