ASX/Nasdaq Media Release 13 July 2009
Pharmaxis to Voluntarily De-List from Nasdaq
"Pharmaxis (ASX: PXS, Nasdaq: PXSL) today announced a decision to voluntarily de-list from the Nasdaq Global Market (“Nasdaq”). Pharmaxis has recently completed a review of the demand from existing and potential
international investors for the secondary listing of its American Depositary Shares (“ADS’s”)on Nasdaq and the volume of Pharmaxis ADS trading in the secondary Nasdaq market.
The review concluded that the benefits of the Nasdaq listing could no longer justify the related ongoing costs."
ASX/Nasdaq Media Release 13 July 2009Pharmaxis to Voluntarily...
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