Skip to main content
Premium Trial:

Request an Annual Quote

Suspension of Nasdaq Minimum Bid Price Buys Nanogen More Time for Compliance

NEW YORK (GenomeWeb News) – Due to a recent suspension by Nasdaq of certain listing requirements, Nanogen now has until Feb. 26, 2009, to gain compliance with the exchange’s $1 minimum bid rule, the firm said in a filing with the US Securities and Exchange Commission yesterday.
Nasdaq suspended the rule for all listed companies through Jan. 16, 2009. The suspension provides Nanogen with roughly three additional months to meet the minimum bid requirement, which requires its stock close at a price of at least $1 for a minimum of 10 consecutive trading days.
Nanogen was notified in May that it was not in compliance with the minimum bid rule, and the firm had until the end of November to regain compliance. It was the second time that the firm had been notified that it was not in compliance with the requirement, and the firm responded by transferring its stock from the Nasdaq Global Market to the Nasdaq Capital Market.

The Scan

Study Links Evolution of Longevity, Social Organization in Mammals

With the help of comparative phylogenetics and transcriptomics, researchers in Nature Communications see ties between lifespan and social organization in mammals.

Tumor Microenvironment Immune Score Provides Immunotherapy Response, Prognostic Insights

Using multiple in situ analyses and RNA sequence data, researchers in eBioMedicine have developed a score associated with immunotherapy response or survival.

CRISPR-Based Method for Finding Cancer-Associated Exosomal MicroRNAs in Blood

A team from China presents in ACS Sensors a liposome-mediated membrane fusion strategy for detecting miRNAs carried in exosomes in the blood with a CRISPR-mediated reporter system.

Drug Response Variants May Be Distinct in Somatic, Germline Samples

Based on variants from across 21 drug response genes, researchers in The Pharmacogenomics Journal suspect that tumor-only DNA sequences may miss drug response clues found in the germline.