NEW YORK, June 18, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ ) announced that trading of Parnell Pharmaceuticals Holdings Ltd (Nasdaq: PARN ), a veterinary pharmaceutical company focused on developing, manufacturing and commercializing animal health solutions, commenced on The NASDAQ Stock Market on June 18, 2014.
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Parnell currently markets five products for companion animals and production animals in 14 countries and has 7 products in tis pipeline. These innovative products are designed to enhance the quality of life of companion animals or the production efficiency of food-producing animals. Parnell has also developed a revolutionary digital technology platform that it provides to veterinarians and animal owners to optimize the benefits of its best-in-class pharmaceutical products.
"Parnell is at the forefront of innovative research and development of the veterinary pharmaceutical industry," said Nelson Griggs, Senior Vice President, Corporate Client Group, NASDAQ OMX. "Parnell embodies the innovative and progressive drive that is characteristic of NASDAQ-listed companies."
By listing with NASDAQ, Parnell joins some of the world's largest and most revolutionary healthcare companies. NASDAQ has been the exchange of choice to over 98 percent of healthcare companies that have listed on the U.S. markets year-to-date in 2014.
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 The NASDAQ OMX Group, Inc. 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 The NASDAQ OMX Group
NASDAQ OMX (Nasdaq: NDAQ ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX 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 OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com .
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