VANCOUVER, Jan. 13 /CNW/ - Angiotech Pharmaceuticals, Inc. (OTCQB: ANPI, TSX: ANP) (“Angiotech” or the “Company”) today announced that trading of shares of the Company’s common stock will be transferred from the Nasdaq Stock Market (“Nasdaq”) to the OTCQB™ Marketplace effective January 13, 2011. As previously disclosed on January 5, 2011, Angiotech received a notice from Nasdaq stating Angiotech has not regained compliance with Nasdaq’s Listing Rule 5450(a)(1) within the 180 calendar day grace period ending January 3, 2011. Nasdaq’s notice indicated Angiotech’s common shares will be delisted on January 13, 2011.
