American Stock Exchange Lists Common Stock of NovaDel Pharma Inc.

American Stock Exchange Lists Common Stock of NovaDel Pharma Inc.



NEW YORK, May 11  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of NovaDel Pharma Inc. under the ticker symbol
NVD.

NovaDel Pharma Inc. is a drug delivery company engaged in the development of
novel drug delivery systems for prescription and over-the-counter drugs. The
company's proprietary lingual spray technology delivery system offers the
patient (i) fast onset of action; (ii) improved drug safety by reducing the
required drug dosage and reducing side effects; (iii) improved patient
convenience and compliance; and (iv) enhanced dosage reliability. The NovaDel
plans to develop such products independently and through collaborative
arrangements with major pharmaceutical and biotech companies.

"We are pleased to welcome NovaDel Pharma to the American Stock Exchange," said
John McGonegal, senior vice president of the Amex Equities Group.  "The Amex
looks forward to working with NovaDel Pharma to increase investor attention and
provide the support and services a growing company needs in today's competitive
marketplace."

"We are delighted to have gained listing privileges on the American Stock
Exchange and we look forward to the benefits it will bring to our current and
future shareholders in terms of increasing our visibility and liquidity in the
capital markets," said Gary A. Shangold, MD, NovaDel's chief executive officer.

The specialist in NovaDel Pharma Inc. will be Cohen Specialists, LLC.  For
further information on NVD and other Amex-listed companies, please visit
http://www.amex.com/.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM).  In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 138 ETFs.  The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks.  For more information,
please visit http://www.amex.com/. 

DATASOURCE: American Stock Exchange



CONTACT:  Lynn Duffy of American Stock Exchange, [phone],

 



Web site:  http://www.amex.com/ 

Copyright