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Advanced Life Sciences Holdings, Inc.
Nasdaq Panel Grants Advanced Life Sciences Request for Continued Listing on Nasdaq Stock Market
February 20th, 2009
Advanced Life Sciences Holdings, Inc. (NASDAQ:ADLS), announced that on February 2, 2009 it received a letter from the Nasdaq Listing Qualifications Panel (the "Panel") informing the Company that the Panel has determined to grant the Company's request to remain listed on the Nasdaq Capital Market. The Panel granted the Company through May 4, 2009 to evidence compliance with the listing requirements of the Nasdaq Capital Market. The Panel's determination follows a hearing held on December 18, 2008 at which the Panel considered the Company's plan to regain compliance with the $2.5 million stockholders' equity listing requirement. Pursuant to the Panel's determination, the...
Source: Health Business Week (2009-02-20)
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