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Article: At Last Moment, NYSE Stops Life Sciences Research IPO.
- Article from:
- BIOWORLD Today
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BioWorld International Correspondent
LONDON - The UK Biotechnology Industry Association wrote to the New York Stock Exchange to express "astonishment and disappointment" at the decision to pull the listing of Life Sciences Research Inc., the U.S. embodiment of the animal testing company Huntingdon Life Sciences, less than half an hour before the stock was due to begin trading Sept. 7.
In a letter to NYSE President Catherine Rinney, Aisling Burnand, CEO of the Biotechnology Industry Association (BIA) criticized "the incredibly negative message" the postponement - and the way it was announced - sends to UK and European companies considering listing on the ...