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Encorium Announces NASDAQ Panel Decision to Delist Common Stock; Announces Changes to its Board of Directors
Date:10/22/2010

and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to: (i) market makers not continuing to make a market in the Company's common stock, (ii) the ability of the Company's common stock to be quoted on the OTCQB, (iii) the Company's ability to continue as a going concern, (iv) the Company's ability to service its principal and interest obligations on its outstanding debt or otherwise renegotiate or refinance such outstanding debt, which renegotiation may not be successful and refinancing may not be available on acceptable terms, if at all, which may trigger defaults under its other debt agreements, create liquidity issues, potentially force the Company to file for protection from its creditors under Chapter 11 of the U.S. Bankruptcy Code and prevent the Company from continuing as a going concern; (iv) the risk that we may not have sufficient funds to operate our business; (v) our success in attracting new business and retaining existing clients and projects; (vi) the size, duration and timing of clinical trials we are currently managing may change unexpectedly; (vii) the termination, delay or cancellation of clinical trials we are currently managing could cause revenues and cash-on-hand to decline unexpectedly; (viii) the timing difference between our receipt of contract milestone or scheduled payments and our incurring costs to manage these trials; (ix) outsourcing trends in the pharmaceutical, biotechnology and medical device industries; (x) the ability to maintain profit margins in a competitive marketplace; (xi) our ability to attract and retain qualified personnel; (xii) the sensitivity of our business to general economic conditions; (xiii) other economic, competitive, governmental and technological factors affecting our operations, markets, products, services and prices; (xiv) announced awards received from existing and potential
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SOURCE Encorium Group, Inc.
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Related biology technology :

1. Encorium Appoints David Ginsberg President and Chief Executive Officer, Announces Changes to the Board of Directors
2. Encorium Reports Third Quarter 2008 Financial Results
3. Encorium Announces Receipt of Letter from Nasdaq Regarding its Third Quarter 2008 Form 10-Q Filing
4. Encorium Group Signs $3.1 Million of New Business Contracts Including an Extension of a Current U.S. Oncology Clinical Trial with a Major Pharmaceutical Company
5. Encorium Group Signs Approximately $2.0 Million of New Business Contracts
6. Encorium Named as Finalist for the Second Annual Vaccine Industry Excellence Award
7. Professor Hanna Nohynek Joins Encorium as Head Consultant of its Clinical Vaccine Research Team
8. Encorium Group Updates Expected Timeframe with Respect to the Sale of its U.S. Business
9. Encorium Group Completes Sale of its U.S. Business to Pierrel Research USA; Announces Management Changes
10. Encorium Reports Second Quarter 2009 Financial Results
11. Encorium Announces Receipt of Letters from Nasdaq Regarding its Second Quarter 2009 Form 10-Q Filing
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