Rochester,NY 7/6/2009 3:32:06 PM
End of Day Market Movers - IG - IGI Laboratories, Inc. Announces the Status on NYSE Amex Issue - Sourced WhisperFromWallStreet.com
IGI LABS INC
End of Day Market Movers - IG - IGI Laboratories, Inc. Announces the Status on NYSE Amex Issue - Sourced WhisperFromWallStreet.com
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IGI LABS INC,IG
After Hours: 0.00 N/A (N/A) 8:00PM ET
IGI Laboratories, Inc., a premier provider of topical formulation development, analytical, manufacturing and packaging services, today announced that NYSE Amex has determined that IGI has resolved its continued listing deficiencies and will retain its status as a listed issuer on NYSE Amex. “The recent equity investment by Signet Healthcare Partners helped us overcome our NYSE Amex compliance issues,” stated Joyce Erony, Chairwoman of the Board of Directors of the Company.
About
IGI Laboratories, Inc. engages in the development, manufacture, filling, and packaging of topical, semi solid, and liquid products for pharmaceutical, cosmeceutical, and cosmetic companies. The company focuses on the commercialization of its licensed Novasome encapsulation technology for skin care/treatment products. It licenses the Novasome encapsulation technology from Novavax, Inc. for applications in animal pharmaceuticals, biologicals, and other animal health products; foods, food applications, nutrients, and flavorings; cosmetics, consumer products, and dermatological over-the-counter and prescription products; fragrances; and chemicals, including herbicides, insecticides, pesticides, paints and coatings, photographic chemicals, and other specialty chemicals, as well as the processes for making the same. The company was formerly known as IGI, Inc. and changed its name to IGI Laboratories, Inc. in May 2008. IGI Laboratories, Inc. was founded in 1977 and is headquartered in Buena, New Jersey.
Last Trade: 1.19
Day's Range: N/A - N/A
52wk Range: 0.17 - 2.40
Volume: 0
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