Delcath Systems, Inc. Fulfills Nasdaq Independent Director and Audit Committee Requirements With Addition of Two New Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Delcath Systems, Inc. (Nasdaq:DCTH) has received notice from the Nasdaq Stock Market (“Nasdaq”) that following the recent addition of Laura A. Philips, Ph.D., MBA and Jonathan J. Lewis M.D., Ph.D., to the Company’s Board of Directors, Delcath is now in compliance with Nasdaq’s Marketplace Rule 4350, which requires its Board to have a majority of independent directors and requires its audit committee to have three members. Delcath also received a letter from the Boston Stock Exchange (“BSE”) informing the company that it is now in compliance with the BSE requirements concerning independent directors.

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