NEW YORK, Oct. 16, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Atara Biotherapeutics, Inc. (Nasdaq:ATRA), a drug development company, commenced on The Nasdaq Stock Market on October 16, 2014.
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Atara is a clinical-stage biopharmaceutical company focused on developing novel therapeutics for serious unmet medical needs, with an initial focus on muscle wasting conditions and oncology. The company's lead programs are focused on myostatin and activin, members of the TGF-beta family of proteins that have demonstrated the potential to have therapeutic benefit in a number of clinical indications.
"Atara is dedicated to providing treatment and therapies for patients with current unmet medical needs," said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. "We are proud to welcome Atara to The Nasdaq Stock Market family and we look forward to supporting their growth and success in the future."
By listing with Nasdaq, Atara joins some of the world's largest and most revolutionary healthcare companies. Nasdaq has been the exchange of choice to 93 percent of healthcare companies that have listed on the U.S. markets year-to-date in 2014.
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Source:The NASDAQ OMX Group, Inc.