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Access Pharmaceuticals, Inc.

American Stock Exchange accepts pharma firm's plan for compliance

Published in Pharma Investments, Ventures and Law Weekly, August 7th, 2005

Access Pharmaceuticals, Inc., (AKC) announced that the American Stock Exchange (AMEX) has accepted the company's plan to regain compliance with the continued listing standards by December 31, 2005.

In April 2005, the company received notice from the AMEX Staff indicating that the company is below certain of AMEX's continued listing standards:

1) due to losses from continuing operations and/or net losses in two of its most recent fiscal years with shareholders' equity of less than $2 million, as set forth in Section 1003(a)(i) of the AMEX "Company Guide";

2) due to losses from continuing operations and/or net losses in 3 of its...

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