Friday, February 8, 2013

Israel's Oramed to list shares on Nasdaq

JERUSALEM, Feb 7 (Reuters) - Oramed, an Israeli

developer of oral drug delivery systems, said it will list its

shares on the Nasdaq Capital Market starting on Monday in a bid

to boost its investor base.

Oramed, which is developing an oral insulin capsule, said on

Thursday it will trade under the symbol ORMP. Its shares

currently trade over the counter.

"Oramed is ready to begin trading on a higher profile

exchange like Nasdaq," Nadav Kidron, Oramed's chief executive,

said. "Listing on Nasdaq should enable us to broaden our

investor reach and increase visibility and liquidity of our

share."

Source: http://news.yahoo.com/israels-oramed-list-shares-nasdaq-132000050--sector.html

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