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HemaCare Corp. (HEMA) Sells Red Blood Cell Collection Operation Assets to and Enters into a Multi-Year Platelet Supply Agreement with the American Red Cross


7/11/2011 9:36:07 AM

LOS ANGELES--(BUSINESS WIRE)--HemaCare Corporation (OTCBB:HEMA) announced today that it has reached a definitive agreement to sell certain assets of its Blood Services operations to the American Red Cross. Under the terms of the sale, which closed today, HemaCare sold its red blood cell collection operation assets to the American Red Cross. The sale does not include HemaCare’s platelet collection business.

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