ARTEQ Artes Medical, Inc. featured news, full reports, and detailed charts
Artes Medical, Inc. (ARTEQ/ARTEQ.PK) Wrap Up:
Artes Medical, Inc., a medical technology company, focuses on the developing, manufacturing, and commercializing injectable aesthetic products for the dermatology and plastic surgery markets in the United States. It offers ArteFill, a non-resorbable aesthetic injectable implant for the correction of facial wrinkles known as smile lines, or nasolabial folds. The company also provides individual skin test kits. Artes Medical markets and sells ArteFill to dermatologists, plastic surgeons, and cosmetic surgeons through its direct sales force. The company, formerly Artes Medical USA, Inc., was founded in 1999 and is headquartered in San Diego, California. On December 1, 2008 Artes Medical, Inc. f...Artes Medical, Inc. (ARTEQ:OTC)
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Key developments for Artes Medical, Inc. (ARTEQ)
The NASDAQ Stock Market announced that it will delist the common stock of Artes Medical, Inc. Artes Medical, Inc.'s stock was suspended on December 11, 2008 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed.
Anika Therapeutics Inc. has terminated its U.S. distribution contract with Artes Medical Inc. for ELEVESS(R), its injectable dermal filler that reduces the appearance of lines and wrinkles on the face. This follows Artes Medical's disclosure that it has initiated a significant workforce reduction, and that it has not been able to address its anticipated liquidity issues.
On November 21, 2008, Mr. Christopher Reinhard resigned from his position as principal executive officer and an employee of Artes Medical Inc.. Mr. Reinhard continues to serve on the Board of Directors of Artes Medical Inc.
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