ARCA biopharma Announces Going Concern Opinion per Nasdaq Rule 5250(b)(2)

BROOMFIELD, Colo.--(BUSINESS WIRE)--ARCA biopharma, Inc. (NASDAQ: ABIO), a biopharmaceutical company developing genetically targeted therapies for heart failure and other cardiovascular disease, today announced, as required by NASDAQ Marketplace Rule 5250(b)(2), that the report of the Company’s independent registered public accounting firm, included in its previously filed consolidated financial statements for the fiscal year ended December 31, 2009, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 4, 2010, contained an explanatory paragraph expressing substantial doubt regarding the Company’s ability to continue as a going concern. This announcement does not represent any change or amendment to the Company’s fiscal year 2009 financial statements or to its Annual Report on Form 10-K.

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