Monday, March 28, 2011

A.P. Pharma seeks bridge loan, will move to OTC bulletin board

A.P. Pharma Inc. said Monday it will not dispute a Nasdaq delist notice and expects to transfer to the Over the Counter Bulletin Board.
Redwood City-based A.P. Pharma (NASDAQ:APPA) said it is also in negotiations for a bridge loan to fund operations until additional longer-term financing is secured.

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