AHPC Holdings (Glendale Heights, Illinois), a distributor of disposable gloves and other products to the healthcare industry and other markets, reported receiving a deficiency letter from the Nasdaq indicating it is not in compliance with requirements for continued listing because its shareholders’ equity amount is below the minimum $2.5 million requirement.
The company said it is considering its options and that if it is unable to deliver a plan acceptable to Nasdaq to achieve and sustain compliance, it expects to receive a delisting notificiation. At that time, the company may appeal.
Premier initiates plasma program
Premier (San Diego) healthcare alliance has initiated a new plasma and recombinant program, it said, “to stabilize availability, increase purchasing flexibility and reduce costs for members in a product area where tight supplies are prevalent.”
“Dealing with critically needed products like these that are in short supply is a real challenge,” said Susan DeVore, president of Premier Purchasing Partners. “When demand temporarily decreases, hospitals often risk losing their allotments if they don’t take them. Our flexible new program addresses these challenges,” by providing access to “a steady supply of product at a low contracted price.”