New York, NY—The NASDAQ Stock Market announced that trading was halted in Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) on Tuesday, November 11, 2003 at 6:14 p.m., Eastern Time, for "additional information requested" from the company at a last price of $2.78. Trading will remain halted until Peregrine Pharmaceuticals, Inc. has fully satisfied Nasdaq's request for additional information.

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