WORCESTER, Mass., Nov. 10, 2009 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, today announced that it has received confirmation from The NASDAQ Stock Market that the Company will be provided with an additional 180 calendar day period to regain compliance with the Capital Market’s listing maintenance requirements. Subject to the exercise of Staff discretion, the Company will regain compliance if the bid price of the Company’s common stock on the Capital Market closes at $1.00 per share or more for a minimum of 10 consecutive business days before May 5, 2010.
