Trending now

Spin and Win Massive Prizes in the…

xHumanity Announces Listing At BiKi Exchange On…

“Alterify” | A Stock Footage Sci-fi Short…

Omar Amara prepares to release his first…

A new Publisher, aimed towards to and…

SAM-Tree.com says ‘No’ to Extinction!

SafeEarth Donates $100,000 to TheOceanCleanUp Kicking Off…

Introducing Waffle Exchange; Could This Be The…

Financing available for companies hurt by the…

Udit Kapoor Author of Book Stress to…

Mrjung.net

  • Home
  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

Mrjung.net
News

A.D.A.M. Biotech Company is shutting down

by wikiadminJanuary 4, 2021057

CT, USA, January 4, 2020, ZEXPRWIRE,The A.D.A.M. Company (Advanced Development of Additive Manufacturing) and the startup with the same name, which was created to work in the field of 3D-bioprinting of bones, announces termination of all its operations. The management promises employees and suppliers to pay all debts accumulated in recent months. According to the decision made by the management, the money of the investors will not be returned.

This was announced by Denys Gurak, who is the CEO of the A.D.A.M. Company.

“The management of the company and the A.D.A.M. startup failed to implement the tasks and reach the goals, which were set by themselves, and which they promised to fulfill. After almost two years, we don’t even have a ready-made prototype of the products. We were also hindered by the situation that has developed with the appearance of COVID-19 in the world, debts, and numerous lawsuits from former employees and investors in Ukraine and the USA. In recent months, A.D.A.M. management has been looking for additional sources of investment and wanted to attract new investors. The company moved to the Technology Incubation Program (TIP) facilities at the University of Connecticut (Farmington, CT), but it couldn’t solve all the problems in the field of funding. We had several meetings with potential investors, but we were unable to convince them to invest in our development at the initial stage. Therefore, we decided to close our startup,” Denys Gurak said.

Denys Gurak also confirms information published by Ukrainian journalists at AIN.ua about serious problems at Kwambio and hopes that debts to employees will be repaid next year, while lawsuits in Ukraine will be settled.

As reported, in 2019, a Ukrainian startup working in the field of 3D printing Kwambio announced a new project. It was called the A.D.A.M Project and intended to work in the field of printing of human bones suitable for implantation. The project attracted seed funding from WeFund Ventures. It’s worth noting that Denys Gurak is also a partner at WeFund Ventures.

Media contact:
Denys Gurak
CEO and Co-Founder at A.D.A.M
[email protected]
https://adamproject.org
+1(860)796-69-76
UConn Technology Incubation Program,
400 Farmington Avenue, CT 06032, USA

The post A.D.A.M. Biotech Company is shutting down appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
How to Cancel Subscriptions that you have Forgotten and Save Money in 2021
next post
Building a social following with Ryan Loxham
wikiadmin

Related posts

Al Weiss Appointed Chairman (non-executive) of PlayFuel

wikiadminJuly 21, 2020

Professional Call of Duty League Gamer to Launch eSports NFT

Binary News NetworkMarch 27, 2021

Midland, Texas USA has a new Photography company called Chris Hyer Drone Photography

wikiadminSeptember 25, 2020

Recent Posts

  • Spin and Win Massive Prizes in the New 1xBit Tournament
  • xHumanity Announces Listing At BiKi Exchange On 19th April 2021
  • “Alterify” | A Stock Footage Sci-fi Short Film Written & Directed by Julien Surdeau
  • Omar Amara prepares to release his first fictional work entitled “Thirty-one days”
  • A new Publisher, aimed towards to and specialized on the success that is the Nintendo Switch

Categories

  • Analytic
  • Bitcoin
  • Dashcoin
  • Ethereum
  • Exchange
  • Guides
  • Litecoin
  • Markets
  • News
  • Uncategorized
  • 건강
  • 과학 기술
  • 뉴스
  • 블록 체인
  • 사업

Categories

  • Analytic (5)
  • Bitcoin (6)
  • Dashcoin (4)
  • Ethereum (5)
  • Exchange (8)
  • Guides (6)
  • Litecoin (4)
  • Markets (10)
  • News (506)
  • Uncategorized (1)
  • 건강 (2)
  • 과학 기술 (2)
  • 뉴스 (8)
  • 블록 체인 (2)
  • 사업 (2)

Popular posts

Fundraiser to send flat-Earther into space ready to...

Binary News NetworkMarch 4, 2021
March 4, 2021

1xBit Casino Users can Now Bet with Provably...

Binary News NetworkMarch 22, 2021
March 22, 2021

828 Water Dispenser Singapore readies to launch new...

wikiadminNovember 17, 2020
November 17, 2020

Sed imperdiet sem at nunc luctus, sed cursus...

wikiadminSeptember 13, 2018
September 13, 2018

Susan Olmos is chasing the Lonesome Wolf

wikiadminSeptember 30, 2020
September 30, 2020

CoinsLoot Launch World’s First Crypto Loot Boxes, with...

wikiadminDecember 15, 2020
December 15, 2020

Facebook page

Facebook
@2021 - mrjung.net. All Right Reserved.
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Home
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange