SEATTLE--(BUSINESS WIRE)--May 9, 2006--Targeted Genetics Corporation (Nasdaq:TGEN - News) announced that its shareholders authorized Targeted Genetics’ board of directors to effect a reverse stock split of its common stock at the Company’s Annual Meeting of Shareholders held today. The Company’s board of directors has authorized implementation of a reverse stock split at a ratio of one-for-ten, which the Company expects to take effect after the close of trading on Wednesday, May 10, 2006.
