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Teligent regains Nasdaq compliance

Teligent Inc. was notified by Nasdaq that it has regained compliance with the stock market's rule regarding the filing of financial reports with the SEC.

The Buena, N.J.-based company previously fell out of Nasdaq compliance after failing to file its Form 10-Q for the quarter ended Sept. 30 on time.

Teligent's common stock will continue to be listed on the Nasdaq Global Select Market.

Teligent develops and sells specialty generic pharmaceutical products in the U.S. and Canada.