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Tuesday - June 18, 2013

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Pending FDA approval, trials to begin on ALung’s artificial lung

Commercial bankruptcies fell 22 percent in the first nine months of 2012 compared with the same period a year ago, continuing a trend that began as early as January, the American Bankruptcy Institute said.

Businesses filed 44,750 bankruptcies from January through the end of September, while 57,613 were filed in the first nine months of 2011, Alexandria, Va.-based ABI said. The drop is attributable in part to low interest rates, Executive Director Samuel J. Gerdano said in the statement.

Total filings fell 14 percent to 921,000, ABI said. Noncommercial filings, most of which are filed by consumers, fell 14 percent to about 876,000.

1. Highmark to extend self-insurance plans to small businesses
2. SEC investigation to continue into ‘suspicious’ acquisition of Heinz stock option
3. More choose to buy into jobs
4. It’s about what you can bring
5. United makes MileagePlus status harder to achieve
6. Obama hints Bernanke on way out
7. Investors buy modestly, await word of Fed
8. Pending FDA approval, trials to begin on ALung’s artificial lung
9. Merck, Pfizer sue to block proposed version of AzaSite
10. U.S. Acura production may be key
11. ExOne, furnace maker agree to jointly market products

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