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Northfield Labs Pulls Plug on Blood Substitute Operations in Illinois

SUGAR LAND--May 12, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--In a virtual bloodbath, Northfield Laboratories (NASDAQ:NFLD) (Evanston, Illinois) issued a statement on May 8, announcing "that it has terminated the employment of substantially all of its operational and staff employees at its manufacturing facility in Mount Prospect, Illinois and headquarters in Evanston, Illinois." The action follows the Food and Drug Administration's (FDA) recent rejection of the company's Biologics License Application for PolyHeme, a human hemoglobin-based, oxygen-carrying red blood cell substitute.

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Industry Segment: Pharmaceutical & Biotech
Word Count: 640 Words

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