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Anthera Pharmaceuticals Announces Receipt of Nasdaq Notice
Date:6/21/2013

HAYWARD, Calif., June 21, 2013 /PRNewswire/ -- Anthera Pharmaceuticals, Inc. (Nasdaq: ANTH) (the "Company"), a biopharmaceutical company focused on developing and commercializing products to treat serious diseases associated with inflammation and autoimmune diseases, today announced that it received a Staff Determination Letter (the "Notice") on June 19th, 2013 from the Nasdaq Stock Market LLC ("Nasdaq").

As previously disclosed, on December 20, 2012, the Nasdaq notified the Company that the bid price of the Company's listed common stock was not in compliance with the continued listing requirements due to the bid price closing at less than $1 per share over the previous 30 consecutive business days. Nasdaq has determined to remove the Company's common stock from listing and registration on the Nasdaq Stock Market, at the opening of business on June 28th, 2013.

The Company plans to appeal the Nasdaq Staff's determination to a Hearings Panel ("the Panel").  A hearing request will delay the suspension of the Company's common stock pending the Panel's decision.

About Anthera Pharmaceuticals

Anthera Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing products to treat serious diseases associated with inflammation and autoimmune diseases.

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Any statements contained in this press release that refer to future events or other non-historical matters, including statements that are preceded by, followed by, or that include such words as "estimate," "intend," "anticipate," "believe," "plan," "goal," "expect," "project," or similar statements, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include st
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