Apricus Biosciences Adopts Shareholder Rights Plan

SAN DIEGO, March 24, 2011 (GLOBE NEWSWIRE) -- Apricus Biosciences, Inc. (“Apricus Bio”) (Nasdaq:APRI) announced today that its Board of Directors (the “Board”) has adopted a Shareholder Rights Plan (the “Plan”). The purpose of the Plan is to better allow the Board to protect shareholder interests in realizing fair value in the event of an attempted takeover of the Company and to protect the Company and its shareholders against coercive takeover tactics.

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