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) Operational Update
6/4/2008 10:27:08 AM
EDISON, NJ--(Marketwire - June 04, 2008) - Xechem International (PINKSHEETS: XKEM) today announced the following information regarding its operations, financial status and associated matters.
(XKEM) Announces Change in Its CEO; Offers Update on Nigerian Operations
Scripps Transitional Research Institute
Gets $20 Million
National Institutes of Health (NIH)
Grant For Medical
(XKEM) Announces Delay in Quarterly Filing
(PCOP) to Cut Jobs, Sees Charge in Q2
(XKEM) Achieves Another Milestone: Receives Approval of US $9.38 Million Funding
(DNA) Spent $591,000 Lobbying The Federal Government On Biotech Issues In First Quarter
(XKEM) Receives $7 Million from New Investors
(FVRL) Announces Workforce Reduction
(XKEM)'s Subsidiary Receives 2nd Phase Loan Approval from
Lexicon Pharmaceuticals, Inc.
(LEXG) to Cut About 20% of Workforce; CFO to Leave
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