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Halozyme Therapeutics (HTI) Adopts SEC Rule 10b5-1 Policy

March 13, 2007 5:04 PM EDT
Halozyme Therapeutics, Inc. (Amex: HTI) has adopted a policy that provides for the use of pre-arranged trading plans by persons subject to the company's insider trading policy. All such pre-arranged trading plans must (i) comply with certain guidelines established by Halozyme, including volume limitations, (ii) be approved by a committee consisting of independent directors and the company's Chief Financial Officer and (iii) comply with Rule 10b5-1 established by the Securities and Exchange Commission.

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