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Tuesday, September 7, 2010 
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 APPY (NASDAQ) - ASPENBIO PHARM
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2010-09-03$0.55$0.03 (-5.17%)

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  • AspenBio Pharma to Present at the Canaccord Genuity 30th Annual Growth Conference
    CASTLE ROCK, CO -- (Marketwire) -- 08/06/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY), has been invited to present at the Canaccord Genuity 30th Annual Growth Conference. The conference will be held at the InterContinental Boston on August 10-12, 2010. Company management is scheduled to present on Thursday, August 12, 2010 at 10:00 a.m. Eastern Time with one-on-one meetings held throughout the day. Management will discuss the company's recent activities surrounding its AppyScore(TM) Test, the first blood-based test designed as an aid in the diagnosis of human appendicitis.

  • AspenBio Pharma Reports AppyScore(TM) ELISA-Based Pivotal Trial Results and Outlines Plans for AppyScore Cassette-Based Test
    Conference Call Scheduled for 8:00 A.M., E.T. July 20, 2010 CASTLE ROCK, CO -- (Marketwire) -- 07/19/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY) reported results today from the Company's recently completed AppyScore(TM) ELISA-based pivotal clinical trial. The study was designed to evaluate the utility of the AppyScore blood-based test in aiding in the evaluation of patients suspected of having acute appendicitis.

  • AspenBio Pharma Updates on AppyScore(TM) FDA 510(k) Filing and Data Analysis
    CASTLE ROCK, CO -- (Marketwire) -- 06/07/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY) reported today that the Company is performing additional data analysis on its recently completed pivotal clinical trial. As a result, the submission of its 510(k) application for AppyScore with the Food and Drug Administration ("FDA") will not occur as previously anticipated by late June 2010. The Company has determined that additional data analysis is necessary, as there was unexplained variability in results from site to site in the initial draft of the statistical analysis report. The continued analysis of these data and related work is AspenBio's highest priority and, upon completion, the Company will provide additional information. "There is significant variability among clinical sites that we must reconcile to fully understand the results," said Steve Lundy, AspenBio Pharma's President and Chief Executive Officer. "Our commitment is to conduct a rigorous data analysis and we will report on this analysis as soon as we are able."

  • AspenBio Pharma Announces Registered Direct Common Stock and Warrant Offering of $10.0 Million
    CASTLE ROCK, CO -- (Marketwire) -- 04/30/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY) announced today that it has entered into definitive agreements with certain new and existing institutional investors to sell an aggregate of 2,409,639 units, with each unit consisting of (i) one share of its common stock, no par value per share ("Common Stock") and (ii) one warrant to purchase 0.285 shares of Common Stock, in a registered direct offering for gross proceeds of approximately $10.0 million, before deducting placement agent's fees and estimated offering expenses. The investors have agreed to purchase the units for a negotiated price of $4.15 per unit. The per share exercise price of the warrants is $4.82. The warrants are exercisable beginning on the date of closing of this offering and will expire on the date that is eight months from the date of closing. The securities described above are being offered directly by AspenBio Pharma pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. The company anticipates that the net proceeds from the offering will be used for product development, 501(k) submission related activities, working capital and general corporate purposes. The closing of this offering is expected to occur on or about May 5, 2010, subject to the satisfaction of customary closing conditions.

  • AspenBio Continues to Strengthen Leadership Adding Steve Lundy as CEO
    Daryl Faulkner Remains in Leadership Role as Executive Chairman CASTLE ROCK, CO -- (Marketwire) -- 03/25/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY) reported that Steve Lundy has joined the company as Chief Executive Officer and will become a member of the Board of Directors. The addition of Mr. Lundy is part of succession and organizational planning that was initiated in the latter half of 2009. Daryl Faulkner, who served as Interim CEO in 2009 will relinquish that role but will continue as Executive Chairman of the company and will focus more on strategic matters.

  • AspenBio Completes Patient Enrollment of AppyScore Clinical Trial to Support FDA 510(k) Submission
    CASTLE ROCK, CO -- (Marketwire) -- 03/23/10 -- AspenBio Pharma, Inc. (NASDAQ: APPY) has completed patient enrollment for its AppyScore(TM) pivotal clinical trial designed to evaluate 800 patients suspected of having acute appendicitis. The study has now advanced to the data analysis phase. The company estimates approximately six to eight weeks will be required to independently review and validate final clinical and assay data and statistical analysis. Upon completion of this analysis the data will then be included in the FDA 510(k) package. The company continues to plan on completing the FDA 510(k) submission in the second quarter of 2010.

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