Inhibitex, Inc. (Nasdaq: INHX) (the “Company”), a
biopharmaceutical company focused on developing products to treat
serious infectious diseases, announced today that it has received notice
from The NASDAQ Stock Market ("Nasdaq") stating that, as the bid price
of the Company’s common stock has closed at or above $1.00 per share for
10 consecutive business days, the Company has regained compliance with
Nasdaq’s Listing Rule 5550(a)(2) and its delisting matter has been
closed. Accordingly, the Company is currently in full compliance with
all listing requirements of the Nasdaq Capital Market.
For additional information about the Company, please visit www.inhibitex.com.