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Monday, April 2, 2012

Frost Gamma Investments Trust Increases Stake in Alliqua, Inc.

NEW YORK, April 2, 2012 (GLOBE NEWSWIRE) -- Alliqua, Inc. (OTCBB:ALQA) ("Alliqua" or the "Company") announced that entrepreneur Dr. Phillip Frost and other investors collectively purchased approximately 24 million shares pursuant to certain private stock purchases. Dr. Frost is an existing stockholder in Alliqua and as a result of his participation in these stock purchases is the beneficial owner of approximately 11.1% of Alliqua's common shares. Alliqua's President and director, Richard Rosenblum,...continued
 

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