Vermillion Releases Income Statement for 2010, 2011, Disclosure Statement Approved | GenomeWeb

This story originally ran on Dec. 4 and has been updated to include additional developments.

Vermillion this week said that US Bankruptcy Court in Delaware has approved its disclosure statement, paving the way for voting on the company's reorganization plan.

The company also announced late last week that it has amended its Chapter 11 bankruptcy reorganization plan by reducing the principal balance on its 7 percent senior convertible notes by more than half to to $5 million.

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