Biopharmaceutical firm Cytogen has received notification from the Nasdaq Stock Market that it is not in compliance with the $1 minimum bid price requirement for continued inclusion on the Nasdaq Global Market.
Cytogen has until May 5, 2008, to regain compliance with the minimum bid price requirement of $1 per share or more for at least 10 consecutive business days, or it will be subject to delisting from the Nasdaq Global Market, according to Cytogen of Princeton, NJ.
By AuntMinnie.com staff writers
November 6, 2007
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