×

Nasdaq Welcomes Global Blood Therapeutics, Inc. to The Nasdaq Stock Market

NEW YORK, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Global Blood Therapeutics, Inc. (Nasdaq:GBT) commenced on The Nasdaq Stock Market on August 12, 2015.

Global Blood Therapeutics, Inc. (GBT) is a clinical stage biopharmaceutical company dedicated to discovering, developing and commercializing novel, small molecule therapeutics to treat grievous blood-based disorders with significant unmet need. GBT is developing its initial product candidate, GBT440, as an oral, once-daily prophylactic therapy for sickle cell disease (SCD) and is currently evaluating GBT440 in both healthy subjects and SCD patients in a randomized, placebo-controlled, double-blind Phase 1/2 clinical trial. In addition to GBT440 for the treatment of SCD, GBT is engaged in research and development activities targeted toward hypoxemic pulmonary disorders, including idiopathic pulmonary fibrosis, and hereditary angioedema.

“GBT is working to provide solutions to serious blood-based diseases for which there are currently very limited therapeutic options,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are proud to welcome GBT to our family of pioneering companies, and we look forward to supporting its growth and success in the future.”

By listing with Nasdaq, Global Blood Therapeutics, Inc. joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to over 77 percent of health care companies listed on U.S. markets.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

NDAQG

Media Relations Contacts: Will Briganti (646) 441-5012 william.briganti@nasdaq.com Angela Tu (646) 225-0316 angela.tu@nasdaq.com

Source:The NASDAQ OMX Group, Inc.