Biopure Appoints Officer and Regains Nasdaq Listing Compliance
17 10월 2007 - 8:30PM
PR Newswire (US)
CAMBRIDGE, Mass., Oct. 17 /PRNewswire-FirstCall/ -- Biopure
Corporation (NASDAQ:BPURDNASDAQ:BPUR) announced today that the
board of directors has elected R. Todd Wood as the company's Vice
President-Operations and Acting Chief Financial Officer. In
addition, Biopure announced that it has received notification from
The Nasdaq Stock Market that the company has regained compliance
with the $1.00 minimum bid price requirement for continued listing
on the Nasdaq Capital Markets, pursuant to Marketplace Rule
4310(c)(4). As previously announced, CFO Francis H. Murphy, age 69,
has advised the company of his intention to retire by December 14,
2007. Mr. Wood, age 35, has been a consultant to the company since
earlier this year, serving as a director of business development.
Mr. Wood's background includes founding and serving as CEO of a
software company, financial consulting and advisory services with
Morgan Stanley and Merrill Lynch and various other technology and
systems positions. Mr. Wood holds the MBA cum laude from the
University of Notre Dame. Mr. Murphy has agreed to remain at
Biopure during a transition period. Biopure Corporation Biopure
Corporation develops, manufactures and markets pharmaceuticals,
called oxygen therapeutics, that are intravenously administered to
deliver oxygen to the body's tissues. Hemopure(R) [hemoglobin
glutamer -- 250 (bovine)], or HBOC-201, is being sold in South
Africa for the treatment of surgical patients who are acutely
anemic. Biopure's veterinary product Oxyglobin(R) [hemoglobin
glutamer -- 200 bovine)], or HBOC-301, the only oxygen therapeutic
approved by both the U.S. Food and Drug Administration and the
European Commission, is indicated for the treatment of anemia in
dogs. Biopure has sold approximately 186,000 units of Oxyglobin,
which have been used to treat an estimated 100,000 animals.
Contact: Tiana Gorham Biopure Corporation (617) 234-6826
DATASOURCE: Biopure Corporation CONTACT: Tiana Gorham of Biopure
Corporation, +1-617-234-6826, Web site: http://www.biopure.com/
Company News On-Call: http://www.prnewswire.com/comp/131224.html
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