Bentley Pharmaceuticals Begins Trading on the New York Stock Exchange
May 12 2004 - 10:35AM
PR Newswire (US)
Bentley Pharmaceuticals Begins Trading on the New York Stock
Exchange - Shares continue trading under the ticker symbol 'BNT' -
EXETER, N.H., May 12 /PRNewswire-FirstCall/ -- Bentley
Pharmaceuticals, Inc. , a specialty pharmaceutical company focused
on advanced drug-delivery technologies, which also manufactures and
markets generic and branded products in Europe, today announced
that its common stock began trading on the New York Stock Exchange
(NYSE) as James R. Murphy, Chairman, President and CEO of Bentley
rang The Opening Bell(TM). Shares of the Company's common stock
will continue trading under the ticker symbol, "BNT." Mr. Murphy,
commented, "Bentley's listing on the prestigious NYSE marks a
significant milestone in our growth and development and represents
another step in our ongoing commitment to delivering value to our
shareholders. The NYSE listing will provide greater visibility and
access to a wider investor base. We are honored to join the family
of NYSE-listed companies and look forward to continued growth and
development on the NYSE," concluded Mr. Murphy. Bentley
Pharmaceuticals, Inc. is a specialty pharmaceutical company focused
on advanced drug delivery technologies and pharmaceutical products.
Bentley's proprietary drug technologies enhance or facilitate the
absorption of pharmaceutical compounds across various membranes.
Bentley also manufactures and markets a growing portfolio of
generic and branded pharmaceuticals in Europe for the treatment of
cardiovascular, gastrointestinal, infectious and neurological
diseases through its subsidiaries, Laboratorios Belmac,
Laboratorios Davur and Laboratorios Rimafar; and manufactures and
sells active pharmaceutical ingredients through its subsidiary,
Bentley API. Copies of Bentley Pharmaceuticals' press releases and
other information may be obtained through Bentley's web site at
http://www.bentleypharm.com/. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: This press
release contains forward looking statements, including without
limitation, statements regarding the effects of the listing of our
Common Stock on the New York Stock Exchange including our
visibility to additional investors and an increase in stockholder
base. These forward- looking statements are subject to a number of
risks and uncertainties that could cause actual results to differ
materially from future results expressed or implied by such
statements. Factors that may cause such differences include, but
are not limited to, risks associated with expanding generic and
branded drug operations, changes in third-party reimbursement and
government mandates which impact pharmaceutical pricing, actions of
third parties, including stock exchange regulatory authorities and
investors, and other uncertainties detailed in Bentley's most
recent Annual Report on Form 10-K and its other subsequent periodic
reports filed with the Securities and Exchange Commission. Bentley
cautions investors not to place undue reliance on the
forward-looking statements contained in this release. These
statements speak only as of the date of this document, and Bentley
undertakes no obligation to update or revise the statements, except
as may be required by law. DATASOURCE: Bentley Pharmaceuticals,
Inc. CONTACT: Michael D. Price, Vice President and Chief Financial
Officer of Bentley Pharmaceuticals, Inc., +1-603-658-6100; or
Investors: Jonathan Birt, Lanie Marcus, or Media: Sean Leous,
+1-212-850-5600, all of Financial Dynamics Web site:
http://www.bentleypharm.com/
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