Health care company BG Medicine Inc. (Nasdaq: BGMD), will need to raise additional funds for operations and to pay debt.

The Waltham, Mass.-based company says there is substantial doubt about the company's ability to continue as a going concern, or without the threat of liquidation, because of operating history, forecasted losses and negative cash flows, in a Nov. 6 filing with the U.S. Securities and Exchange Commission.

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