HORSHAM, Pa.--(BUSINESS WIRE)--Neose Technologies, Inc. (NasdaqGM:NTEC) today announced that it has been advised by the Nasdaq Listing Qualifications Panel (“Panel”) that the Company's common stock will continue to trade on the Nasdaq Global Market pending the Panel’s determination following a new appeal hearing, which has not yet been scheduled. This action was taken based on Nasdaq’s rule filing with the Securities and Exchange Commission (“SEC”) seeking to temporarily suspend the exchange’s bid price and market value of publicly held securities continued listing requirements until January 16, 2009, given the current state of the financial markets.
