Agenus receives letter from Listing Qualifications Staff of The NASDAQ Stock Market Agenus Inc.

However, the company may charm the Staff’s determination to delist its securities to a Hearings Panel. During any appeal procedure, shares of the company’s common share would continue to trade on the NASDAQ Capital Marketplace.. Agenus receives letter from Listing Qualifications Staff of The NASDAQ Stock Market Agenus Inc. announced today that the business received a letter from the Listing Qualifications Staff of The NASDAQ Stock Market LLC on March 3, 2011 indicating that the company isn’t in compliance with Nasdaq Market Rule 5550 because the bid price for the business’s common share has closed below the minimum amount $1.00 per share requirement of 30 consecutive business times. There is no switch in the trading of business common stock on the NASDAQ Capital Marketplace at this time, and in accordance with Nasdaq Marketplace Rule 5810, the ongoing business has been provided 180 calendar days, or until August 30, 2011, to regain compliance with the Bid Price Requirement.On the basis of daily assessments of IBS-related bloating as rated on a 7-stage scale during the same primary evaluation period, a considerably greater proportion of patients in the rifaximin group than in the placebo group had comfort . Relief of IBS-Related Abdominal Pain and Loose or Watery Stools A significantly greater proportion of patients in the rifaximin group than in the placebo group experienced alleviation of IBS-related abdominal discomfort and pain during the main evaluation period .