Essential Therapeutics (ETRX) formerly Microcide (MCDE Message Board

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Biotech / Medical : Essential Therapeutics (ETRX) formerly Microcide (MCDE

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To: John O'Neill who started this subject	5/2/2003 8:57:50 AM
From: nigel bates	Read Replies (1) of 415

WALTHAM, Mass., May 2 /PRNewswire-FirstCall/ -- Essential Therapeutics, Inc. (OTC Bulletin Board: ETRX - News) announced today that it, along with its wholly-owned subsidiaries, Maret Corporation and The Althexis Company, Inc., filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The filing was made in Wilmington, Delaware. Later today, the Company intends to file a Plan of Reorganization providing for payment in full of obligations owed to certain creditors and providing for the recapitalization of the Company as a privately-held entity...

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