American Stock Exchange Lists Common Stock Of Medivation Incorporated
15 März 2006 - 4:35PM
PR Newswire (US)
NEW YORK, March 15 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Medivation Incorporated,
under the ticker symbol MDV. Located in San Francisco, California,
Medivation Inc. acquires promising pharmaceutical and medical
device technologies in the late preclinical development phase,
develops those technologies quickly and cost-effectively through
human first proof-of-efficacy studies (generally the end of Phase 2
clinical trials), and seeks to sell or partner successful programs
with larger pharmaceutical, biotechnology and medical device
companies for late-stage clinical studies and commercialization.
"Medivation does important work in the field of medical research,
and the American Stock Exchange is pleased to list their shares,"
said John McGonegal, senior vice president of Amex's equities
group. "We expect Medivation will find itself in good company among
the increasing number of innovative medical technology companies
that have chosen to list at the Amex." David Hung, MD, President
and chief executive officer of Medivation, stated: "The approval of
our shares for listing on the Amex is an important milestone in the
growth of our company. Based on recent discussions with investors,
we believe that an exchange listing may provide Medivation a number
of benefits, including increased visibility in the financial
community, greater liquidity for our stock and a larger potential
investor base that includes those who cannot invest in unlisted
securities." The specialist in Medivation Inc. will be J. Streicher
& Co. For further information on MDV and other Amex-listed
companies, please visit http://www.amex.com/. The American Stock
Exchange(R) (Amex(R)) is the only primary exchange that offers
trading across a full range of equities, options and exchange
traded funds (ETFs), including structured products and HOLDRS(SM).
In addition to its role as a national equities market, the Amex is
the pioneer of the ETF, responsible for bringing the first domestic
product to market in 1993. Leading the industry in ETF listings,
the Amex lists 162 ETFs. The Amex is also one of the largest
options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com/. DATASOURCE:
American Stock Exchange CONTACT: Javier E. David, American Stock
Exchange, +1-212-306-1440, Web site: http://www.amex.com/
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