Bio-Plexus Emerges From Bankruptcy Protection With New Financing Plan.

Extract


Bio-Plexus Emerges From Bankruptcy Protection With New Financing Plan.

Business Editors

VERNON, Conn.--(BUSINESS WIRE)--Sept. 21, 2001

Highlights

-- $19 Million of Debt Converted into Common Stock -- $3 Million Private Placement Completed -- $2.5 Million in Annual Interest Expense Eliminated -- 1 for 10 Reverse Stock Split Implemented -- Launches PUNCTUR-GUARD(R) Safety Winged Set for Blood Collection -- Company Files Form 10-K and Form 10-Q with...

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