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Security Profile
- Security Type
- Common Stock
- CUSIP
- 09065V203 (prev. 09065V302 )
- Market Cap
- Mid Cap · $634 Million
- Previous Symbol
- BPAX (changed 7/15/2013)
- Previous Name
- BioSante Pharmaceuticals, Inc.
Business: ANI Pharmaceuticals, Inc. is an integrated specialty pharmaceutical company focused on delivering value to our customers by developing, manufacturing, and marketing high quality branded and generic prescription pharmaceuticals. The Company's targeted areas of product development currently include controlled substances, oncolytics (anti-cancers), hormones and steroids, and complex formulations involving extended release and combination products.
Notes: July 18, 2013 -- ANI Pharmaceuticals, Inc. (NASDAQ: ANIP) announced today the change of its name from BioSante Pharmaceuticals, Inc. In connection with the name change, ANI also changed its trading symbol on the NASDAQ Global Market from BPAX to ANIP. ANI furthermore announced that its Board of Directors yesterday approved a reverse split of its common stock and Class C special stock at a ratio of one share for every six shares of stock outstanding, and a proportional decrease in ANI's authorized common stock, Class C special stock and preferred stock. ________________ Lincolnshire, Illinois (May 31, 2012) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) announced today that it intends to effect a reverse split of its common stock and class C special stock at a ratio of 1-for-6. The reverse stock split will become effective at 5:00 p.m. EDT on Friday, June 1, 2012. BioSante´s common stock will begin trading on The NASDAQ Global Market on a split-adjusted basis when the market opens on Monday, June 4, 2012. The purpose of the reverse stock split is to raise the per share trading price of BioSante´s common stock to regain compliance with the $1.00 per share minimum bid price requirement for continued listing of BioSante´s common stock on The NASDAQ Global Market. As previously disclosed, in order to maintain BioSante´s listing on The NASDAQ Global Market, on or before July 30, 2012, the common stock must have a minimum closing bid price of $1.00 per share for a minimum of 10 prior consecutive trading days. There can be no assurance that the reverse stock split will have the desired effect of raising the closing bid price of BioSante´s common stock prior to July 30, 2012 to meet this requirement.
Company Contact
- CEO
- Nikhil Lalwani
- CFO
- Stephen P. Carey
- Headquarters
- 210 Main Street West, Baudette, MN 56623
- Phone
- 218-634-3500 · Toll-Free 800-434-1121
- Fax
- 218-634-3540
- Investor Relations
- 218-634-3500 · IR@anipharmaceuticals.com