Acerus Pharmaceuticals Corporation

10:03 AM EST - Acerus Pharmaceuticals Corporation : Announced that the Divisional Court of the Ontario Superior Court of Justice has dismissed the appeal brought by Eugene Melnyk of the Order of the Honourable Justice Wilton-Siegel dismissing Melnyk’s motion for leave to commence a derivative action in the name of the Company against certain of the Company’s directors and officers. Acerus Pharmaceuticals Corporation shares T.ASP are trading down $0.005 at $0.27.