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Published on 4/7/2006 in the Prospect News Biotech Daily.

Boston Life Sciences says going-concern statement in audit

By Elaine Rigoli

Tampa, Fla., April 7 - Boston Life Sciences, Inc. said the company's report from its independent registered public accounting firm regarding 2005 financial statements contained an explanatory paragraph regarding the company's ability to continue as a going concern.

Nasdaq requires all traded companies to publicly announce if their annual report on form 10-K includes an audit report containing a going-concern statement.

Hopkinton, Mass.-based Boston Life Sciences is engaged in the research and clinical development of diagnostic and therapeutic products for central nervous system disorders.


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