Medicine man

Begum, Husnara
April 2005
Lawyer;4/11/2005, Vol. 19 Issue 14, p13
Trade Publication
The article reports that Sarbanes-Oxley is forcing pharmaceutical company Provalis PLC to delist from Nasdaq just as its U.S. business starts to take off. Medical diagnostics and pharmaeeuticals group Provalis is planning to terminate its American depositary receipt (ADR) programme and delist from Nasdaq. Provalis is hoping to terminate the ADR programme and deregistration by the end of July. Provalis intends to propose resolutions at its next annual general meeting to permit the company to amend its articles of association.


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