ga200 gasex revia 25 mg donde comprar arimidex retin a donde comprar diflucan vs natural remedies skelaxin 400 mg uses etodolac er 600 mg efectos secundarios sinemet donde comprar menosan salvia orlistat efectos en la menstruacion kordel's ginkgo 750 brahmi pastillas anticonceptivas ortho mcneil colirio fml forte precio lipitor 60 minutes comprar entocord enema para que se receta el celebrex diltiazem 420 diclofenaco 100 mg amoxil 250 mg suspension pastillas protonix alesse generique 80 mg protonix tegretol lc 400 preço pariet 20mg exelon 15 mg price lopressor 400 mg precio finasterida cinfa 5 mg avodart 5 mg side effects cialis super active 20mg pills citrato di sildenafil naturale acivir dt 400 comprar propecia españa chloroquine phosphate 500 donde comprar sinequanone en madrid lopid mg maxalt 10 mg rapidisc 6 agizda eriyen tablet nizoral pastillas para que sirve tamoxifen natural supplements tilac etodolac 400 mg liposafe – pílula para perder peso de forma natural compra casa a cipro motrin 500 dosage efectos adversos de naprosyn natural form of accutane atrovent kapsel 40 mikrog acivir dt 400 cymbalta efectos positivos what is ranitidine 150 altace 10 fosamax plus 5600 precio en mexico donde comprar finpecia online paroxetine 30 mg side effects risperdal 4 mg side effects 15 mg prednisolone side effects voltaren 30 3 mg clonidine for sleep odranal bupropion efectos adversos orlistat receta medica orthovisc efectos secundarios trental 100 mg 5 ampul comprar hoodia gordonii en argentina mirapex er 375 mg accutane 80 mg side effects zyloprim tabletas 300 mg 50 mg prometrium retin a donde comprar comprar exelon flagyl 250 hydrea 500mg preço dulcolax perlas efectos secundarios tadalafil black 800 mg donde comprar valtrex xl-050f lithium battery inderal 80 mg capsule efectos secundarios sildenafil prednisolone 15 mg jarabe para que sirve avodart 5 mg side effects neurontin 800 mg street value Tengion’s Board Has Approved A Reverse Stock Split

Tengion’s Board Has Approved A Reverse Stock Split


Multimedia/Special Sections Editor- The Business Journal

Winston-Salem regenerative medicine firm Tengion Inc. Tengion Inc.Latest from The Business JournalsBodyMedia raises M, takes aim at mobile healthNASDAQ warns Tengion it does not meet standardsOn the eve of Facebook’s IPO, a look at the Triad’s recent IPOsFollow this company has received approval from its board of directors for a reverse stock split in an effort to boost its share price, according to a news release.

Tengion, which is working to commercialize the ground-breaking research of Dr. Anthony Atala of the Wake Forest Institute for Regenerative Medicine, received stockholder approval for the split at a ratio of 1-for-10 shares. The company will begin trading on a split-adjusted basis on June 14.

Tengion had been notified earlier this month by NASDAQ that it is not in compliance with minimum stockholder’s equity standards. The reverse stock split is intended to regain compliance, although the company warned that there are no assurances it will be able to do so. Tengion’s stock was at $0.33 Wednesday.

The reverse split will reduce the number of outstanding shares of the company’s common stock to 2.5 million shares.

Tengion (NASDAQ: TNGN) is working on the development of two product candidates to aid patients with damaged or missing bladders or kidneys. It recently announced successful milestones for each program, but it has said it only has enough cash to continue operations until September. The next few months are considered critical to the company’s future

The company also recently laid off a large portion of its staff and moved its consolidated headquarters in January from Pennsylvania to Winston-Salem in order to conserve money for research and development.



Welcome to Investor Stemcell! New to the site? Take a minute and Sign Up Today!