SiO2 Medical reports $1.27 million net loss for March

By Sarah Lizee

Olympia, Wash., May 2 – SiO2 Medical Products, Inc. reported a $1.27 million net loss for March on $175,955 of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of March was $4.41 million.

The Auburn, Ala.-based company creates and manufactures engineered primary packaging container components for the pharmaceutical and biotechnology industry. The company filed bankruptcy on March 29 under Chapter 11 case number 23-10366.

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