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Oscient files for chapter 11 protection and sells Factive
14 July 2009
Sita Shah

Oscient Pharmaceuticals and its wholly owned subsidiary Guardian II Acquisition have both filed for Chapter 11 bankruptcy protection in the US, and Oscient is selling its antibiotic Factive (gemifloxacin mesylate) to Cornerstone Therapeutics.

Last month Oscient said that it was cutting 180...



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