CAMBRIDGE, Mass.--(BUSINESS WIRE)--CombinatoRx, Incorporated (NASDAQ: CRXX) announced today that the NASDAQ Stock Market has granted an extension of the time the Company has to regain compliance with NASDAQ’s minimum stockholders’ equity requirement set forth in Listing Rule 5450(b)(1)(A) (the “Rule”). The extension was based on NASDAQ’s determination that the Company had a definitive plan evidencing its ability to achieve and sustain compliance with the Rule. The Company must evidence compliance with the Rule upon filing its Quarterly Report on Form 10-Q for the six months ended June 30, 2009 with the Securities and Exchange Commission, which is planned to be filed in August of 2009.
