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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%4:00 PM EST

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To: Jibacoa who wrote (1737)10/8/2007 2:27:25 PM
From: Jibacoa  Read Replies (1) of 3722
 
NTII Is up 20% & trading above the $4 level.

finance.yahoo.com

Apparently it has a chance to keep its listing on the Naz In spite of last week's warning.<g>

Nasdaq warns Neurobiological Technologies
bizjournals.com
Monday October 1, 11:06 am ET

The Nasdaq Stock Market warned Neurobiological Technologies Inc. that its stock could be delisted because it doesn't meet the exchange's minimum market value for listed securities.

Emeryville-based Neurobiological Technologies (NASDAQ: NTII - News) is developing the drug viprinex, made from Malayan pit viper venom, to treat ischemic stroke.

The company, led by CEO Paul Freiman, said it will appeal the decision and should be able to meet the Nasdaq requirement after completing a public offering of up to $65 million of its stock.

The company registered with regulators for the offering on Aug. 13, and hopes to close the sale this month.

Bernard
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