QMed, Inc. (QMED) to Discontinue Operations
QMed, Inc., (Nasdaq: QMED) announced that despite a lengthy and thorough search to find a strategic alternative or sale of the company with the assistance of its financial advisors, the Company was not successful in its efforts and will discontinue its operations in June 2008 and wind up its business.
Management believes it is not likely that there will be funds for Shareholder distribution.
Management believes it is not likely that there will be funds for Shareholder distribution.
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