WAUKEGAN, Ill.--(BUSINESS WIRE)--NEOPHARM, Inc. (NASDAQ:NEOL), announced today that it has received a non-compliance notice from The NASDAQ Stock Market (“NASDAQ”) that states for the last 30 consecutive business days the bid price for the Company’s common stock has closed below the minimum $1.00 per share required by Marketplace Rule 4450(a)(5) for continued listing. This notification has no effect on the listing of the Company’s common stock at this time.