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Stock Market & Financial Investment News

News Breaks
October 4, 2012
09:03 EDTNEPTNeptune confirms dividend ratio for partial spin-off of NeuroBioPharm
Neptune Technologies & Bioressources confirmed that holders of common shares of Neptune entitled to receive units of NeuroBioPharm Inc. owned by Neptune by way of the dividend-in-kind announced on Sept. 7 will receive one Unit for each lot of approximately 29.27 common shares held based upon the number of common shares outstanding on the date hereof, taking into account the issuance on Oct. 2 of 8,307,762 additional common shares in connection with the closing of Neptune's $34.1M underwritten offering of common shares.
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May 15, 2013
08:44 EDTNEPTNeptune responds to Aker's attempts to deflect attention from patent dispute
Neptune Technologies & Bioressources announces that the United States Patent and Trademark Office recently issued a NON-FINAL Action Closing Prosecution in a re-examination of Neptune's Patent No. 8,030,348. Aker BioMarine, in yet another clear attempt to shift focus from its ongoing infringement of multiple Neptune patents, issued a press release addressing the re-examination. However Aker neglected to disclose that the USPTO's decision to reject Neptune's claims regarding composition of matter was only one procedural step in the long process of re-examination. Neptune will have the opportunity to submit additional arguments stating its position before the USPTO renders a final decision.
08:20 EDTNEPTClass action against Neptune Technologies dismissed
Neptune Technologies & Bioressources announces that the previously announced class action lawsuit filed against Neptune and certain of its officers on December 19, 2012 by Robbins Geller Rudman & Dowd LLP in the United States District Court for the Southern District of New York was voluntarily dismissed by the plaintiffs, without prejudice. No payment was made by any of the defendants in connection with the dismissal.

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