Boston Life Sci changes name to Alseres
Massachusetts, USA-based Boston Life Sciences says that its proposed name change to Alseres Pharmaceuticals was approved by stockholders at its annual general meeting. Alseres' common shares began trading under a new Nasdaq Capital Market symbol "ALSE" on Monday, June 11. The new CUSIP number for ALSE common stock is 021152103.
"We have made excellent progress transforming the company from a life sciences company into a biopharmaceutical company with late-stage product candidates in clinical development for central nervous system disorders," stated Peter Savas, the firm's chief executive. "Our new name, Alseres Pharmaceuticals, is intended to support our evolving strategic vision. Alseres is derived from a Latin term meaning 'to grow together, to take root, to become established' and we believe provides an image for our growing pipeline, scientific expertise, management and culture," he added.
The company's new web site can be found at http://www.alseres.com.
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