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Oxygen Biotherapeutics Receives Favorable NASDAQ Listing Decision

MORRISVILLE, N.C.--(BUSINESS WIRE)--May. 16, 2013-- Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), today announced that the NASDAQ Listing Qualifications Panel (the “Panel”) has granted the Company’s request for continued listing on The NASDAQ Capital Market pursuant to an extension through June 3, 2013 to evidence compliance with the minimum $1.00 bid price requirement and through July 31, 2013 to evidence compliance with the minimum $2.5 million stockholders’ equity requirement for continued listing on The NASDAQ Capital Market. more..

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Indications

Wounds

In the United States and Europe, revenues in the wound care market continue to increase due to increased rates of obesity, diabetes, an aging population and improved access to health care, according to a report by Rodman & Renshaw, which also estimates the market is $15 billion per year. Chronic, non-healing wounds are prevalent and costly. More...

Traumatic Brain Injury

According to the Department of Defense Personnel and Procurement Statistics, 75% of all U.S. military casualties of Operation Enduring Freedom and Operation Iraqi Freedom are caused by explosive weaponry, resulting in TBIs and blast-induced neurotrauma, which have been called the "signature wounds" of these wars. They estimate that TBI accounts for about 22 percent of all casualties. More...

Decompression Illness

Decompression Illness (DCI), commonly known as "the bends", is a serious condition that results from a reduction in the ambient pressure surrounding a body. A good example is what happens when a diver surfaces too quickly without giving his/her body a chance to acclimate to the change in pressure when they ascend. More...

Dermatology

It is well documented that oxygen has healing properties. Oxygen skin care is based on the premise that stable natural oxygen increases skin cell metabolism. More...