Latest XTL Biopharmaceuticals Ltd. Stories
HERZLIYA, Israel, December 5, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd (TASE: XTL) (OTC: XTLBY) (the "Company", or "XTL"), a biopharmaceutical development company that recently acquired the controlling stake of Proteologics Ltd (TASE: PRTL) announces that Mr. David Grossman, Chief Executive Officer of XTL and Mr. Efri Argaman, were appointed as members of the board of directors of Proteologics. Furthermore, the Board of Directors of Proteologics appointed Mr. Efri...
HERZLIYA, Israel, November 26, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE: XTL) (OTC: XTLBY) (the "Company"), a biopharmaceutical development company, announced on November 21st that it has acquired 4,620,356 shares, of Proteologics Ltd. (TASE: PRTL) (hereinafter: "the Shares" and "Proteologics", respectively), from Teva Pharmaceutical Industries Ltd. (NYSE: TEVA, TASE: TEVA) (hereinafter: "Teva") in consideration for an amount of approximately NIS 6.5 million,...
HERZLIYA, Israel, October 4, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE: XTL) (OTC: XTLBY) (the "Company"), a biopharmaceutical development company, announced today that following the announcement from September 24, 2012, its American Depositary Receipts ("ADRs") to ordinary shares ratio has changed today to 1:20 (1 ADR represents 20 ordinary shares). Please note that the ticker Symbol will temporarily change to XTLBD for 20 trading days beginning October 4th,...
HERZLIYA, Israel, September 24, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. ("XTL") today announced that InterCure Ltd. ("InterCure"), which is approximately 45.4% (50.79% on a fully diluted basis) held by XTL, signed a strategic service agreement with a private company ("the Marketing Company") wholly owned by Mr. Shay Ben Yitzhak and Mr. Avner Yassur. Ben Yitzhak and Yassur, who are behind several of the most successful online marketing ventures, are now entering...
HERZLIYA, Israel, September 24, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE: XTL) (OTC: XTLBY) (the "Company"), a biopharmaceutical development company, announced today that it has approved a change in the ratio of its American Depositary Receipts ("ADRs") to ordinary shares in order to facilitate the Company's qualification for listing on the NASDAQ Capital Market. XTL and its advisors believe that following the ADR ratio change, the $4.00 ADR minimum...
HERZLIYA, Israel, June 19, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE:XTL)(OTC:XTLBY), a biopharmaceutical development company, announced today it will acquire Kitov Pharmaceuticals Ltd. in consideration for shares as well as cash milestone payments throughout Kitov's development and business progress of up to $48 million, which may be payable in XTL shares. Kitov Pharmaceuticals Ltd., a company that researches and develops combination drug products, has...
HERZLIYA, Israel, June 11, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE:XTL,OTC:XTLBY), a biopharmaceutical development company, announces it has been notified by the Tel Aviv Stock Exchange (TASE) that XTL's shares will be included in the following TASE Indexes; "TA MidCap-50" and "TA BlueTech-50", in addition to the "TA-Biomed" and "TA Composite" (also known as the "Yeter" index) indexes which already includes XTL shares since December 2010. TASE will...
HERZLIYA, Israel, June 4, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE: XTL) (OTC: XTLBY) (the "Company"), a biopharmaceutical development company, announced today that it has filed an application for relisting its ADRs on the NASDAQ Stock Exchange. The Company and its advisors believe it currently is in compliance with the criteria for the NASDAQ listing (subject to additional qualitative criteria of the Listing Qualifications Committee), except for satisfying the...
HERZLIYA, Israel, March 29, 2012 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (TASE: XTL) (OTC: XTLBY), a biopharmaceutical development company, today reported its results for the fourth quarter and year ended December 31, 2011. David Grossman, CEO of XTL, stated, "2011 was a very significant year for XTL and we are very proud of our achievements in expanding our drug development pipeline with SAM-101 for the treatment of schizophrenia. SAM-101 is combination therapy of...
HERZELIYA, Israel, March 19, 2012 /PRNewswire/ -- $1.1 million was raised by way of exercise of tradable warrants at NIS 1.05 per share ($0.56 per ADR). $2.4 million was raised in a lock-up private placement at a share price of NIS 0.79 per share ($0.42 per ADR). The raise will enable acceleration of the clinical development programs of the Company. XTL Biopharmaceuticals (TASE: XTL, OTC: XTLBY) announced yesterday, March 18, 2012, it successfully...
