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PHARMAKINETICS LABORATORIES, INC., CONFIRMATION HEARING SET

 BALTIMORE, March 8 /PRNewswire/ -- PharmaKinetics Laboratories, Inc. (OTC Bulletin Board: PKLBQ) today announced the approval on March 3 of the disclosure statement to its Amended Plan of Reorganization in Chapter 11 proceedings by the Bankruptcy Court for the District of Maryland.
 The disclosure statement was filed initially on Jan. 29, 1993. The amended plan, disclosure statement, and ballot have been mailed to all creditors and parties in interest to the bankruptcy proceedings seeking their affirmative vote. The court hearing on confirmation of the plan has been set for 9:15 a.m. EDT, April 1, in the U.S. Bankruptcy Court, U.S. Courthouse, Baltimore.
 PharmaKinetics Laboratories, Inc., is a leading drug development company providing services to pharmaceutical firms seeking new drug approvals in the United States and Canada.
 -0- 3/8/93
 /CONTACT: Taryn L. Kunkel, vice president and chief financial officer, PharmaKinetics Laboratories, Inc., 410-385-4500/
 (PKLBQ)


CO: PharmaKinetics Laboratories, Inc. ST: Maryland IN: MTC SU:

KD-TW -- DC013 -- 3972 03/08/93 11:34 EST
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Publication:PR Newswire
Date:Mar 8, 1993
Words:166
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