HERZLIYA, Israel, July 15, 2013 /PRNewswire/ --
XTL Biopharmaceuticals, Ltd. (NASDAQ: XTLB) (TASE: XTL) (the
"Company"), a clinical-stage biopharmaceutical company focused on
the acquisition, development, and commercialization of
pharmaceutical products for the treatment of clinical unmet needs,
today announced that its ADRs began trading on NASDAQ today,
July 15, 2013 under the ticker symbol
"XTLB".
The Company's ADRs are Level II ADRs, each representing 20
ordinary shares in the Company.
About XTL Biopharmaceuticals Ltd.
("XTL")
XTL Biopharmaceuticals Ltd., a biopharmaceutical company,
focuses on the acquisition, development, and commercialization of
pharmaceutical products for the treatment of clinical unmet needs.
XTL is focused on late stage clinical development of drugs for the
treatment of multiple myeloma, schizophrenia, and hepatitis C.
XTL's lead drug candidate, rHuEPO, for the treatment of multiple
myeloma blood cancer, was granted an orphan drug designation from
the FDA. rHuEPO has been approved for marketing by the FDA and has
for many years been sold for billions of dollars across the world
for the treatment of severe anemia.
XTL holds more than 30% in Proteologics Ltd. (TASE: PRTL), a
drug discovery company, and controls InterCure Ltd. (TASE: INCR), a
company which has disrupted the $42
billion hypertension industry with the world's first
FDA-cleared, OTC blood pressure treatment device, RESPeRATE®
(http://www.resperate.com).
XTL is a public company traded on The NASDAQ Stock Market
(NASDAQ: XTLB) and the Tel Aviv Stock Exchange (TASE: XTL). XTL
shares are included in the following indices: Tel-Aviv MidCap-50,
Tel-Aviv Biomed, Tel-Aviv MidCap, and Tel-Aviv Bluetech-50.
Contact:
Investor Relations, XTL Biopharmaceuticals Ltd.
Tel: +972-9-955-7080, Email: ir@xtlbio.com,
http://www.xtlbio.com
SOURCE XTL Biopharmaceuticals Ltd