Athenex Announces Receipt of Positive Nasdaq Listing Determination
03 November 2022 - 10:05PM
Athenex, Inc., (NASDAQ: ATNX), a global
biopharmaceutical company dedicated to the discovery, development,
and commercialization of novel therapies for the treatment of
cancer and related conditions, today announced that a Nasdaq
Hearings Panel has granted the company's request for continued
listing on The Nasdaq Stock Market, subject to the Company’s
satisfaction of the minimum $1.00 bid price requirement by March
14, 2023.
To evidence compliance with the minimum bid price requirement,
the Company’s common stock must close at or above $1.00 per share
for a minimum of 10 (but generally not more than 20) consecutive
business days by March 14, 2023.
About Athenex, Inc.
Founded in 2003, Athenex, Inc. is a
global clinical-stage biopharmaceutical company dedicated to
becoming a leader in the discovery, development, and
commercialization of next generation cell therapy drugs for the
treatment of cancer. In pursuit of this
mission, Athenex leverages years of experience in
research and development, clinical trials, regulatory standards,
and manufacturing. The Company’s current clinical pipeline is
derived mainly from the following core technologies: (1) Cell
therapy, based on NKT cells and (2) Orascovery, based on a
P-glycoprotein inhibitor. Athenex’s employees worldwide are
dedicated to improving the lives of cancer patients by creating
more active, accessible, and tolerable treatments. For more
information, please visit www.athenex.com.
Athenex Contacts
Daniel Lang, MDAthenex, Inc.Email: danlang@athenex.com
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