REDWOOD CITY, Calif.--(BUSINESS WIRE)--A.P. Pharma, Inc. (NASDAQ:APPA - News), a specialty pharmaceuticals company, announced today it has made option grants to two newly-hired non-executive employees for a total of 50,000 shares. The options have a ten year life, vest on a four year schedule, and have an exercise price of $1.30, the closing price of the Company’s common stock on the date of the grant.
