Navigation Links
ADVENTRX Announces Restructuring and Cost Reduction Initiatives
Date:10/20/2008

rs and Vice President, Research and Development.

"This restructuring balances the difficult trade-off between curtailing spending and conducting those activities that continue to demonstrate and build the value of ANX-530 and ANX-514, while efficiently moving towards becoming a commercial organization," said Mark Bagnall, the Company's Executive Vice President and Chief Financial Officer. "Our cash conservation measures will cut our overall burn rate by approximately 50%," added Mr. Bagnall.

The Company discontinued active work on all product candidates other than ANX-530 and ANX-514, including its CoFactor(R) program. Patients currently receiving CoFactor will continue to receive treatment. With respect to ANX-530 and ANX-514, until the Company has secured additional funding, it anticipates focusing primarily on those activities relating to submitting NDAs and may delay or significantly reduce spending on other work, including activities related to product launches.

Upcoming Conferences

The Company will present its updated corporate outlook at the 3rd Annual BIOCOM Investor Conference in San Diego on October 27th, 2008 at 2:30 p.m. Pacific Time, as well as at the 7th Annual BIOInvestor Forum in San Francisco on October 30th, 2008 at 3:15 p.m. Pacific Time. The presentations will be webcast live via the "Investors" section of the Company's web site at http://www.adventrx.com under "Events." The webcasts will be available for replay for 14 days and can be accessed through the same link.

About ANX-530 (vinorelbine emulsion)

ANX-530 is a novel emulsion formulation of the chemotherapy drug vinorelbine. ANX-530 emulsifies vinorelbine into a homogeneous suspension of nanoparticles that is designed to protect the venous endothelium during administration into a peripheral vein. Navelbine(R), a branded formulation of vinorelbine, is approved in the U.S. to treat advanced non-small c
'/>"/>

SOURCE ADVENTRX Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology technology :

1. ADVENTRX Pharmaceuticals to Report Second Quarter 2008 Results
2. ADVENTRX Settles Dispute With Former Licensee
3. ADVENTRX Pharmaceuticals to Present at the Rodman & Renshaw 5th Annual Global Healthcare Conference
4. ADVENTRX Appoints Vice President of Manufacturing
5. ADVENTRX Creates Executive Vice President Position and Announces New Chief Financial Officer
6. ADVENTRX Pharmaceuticals, Inc. Reports Fourth Quarter and Full Year 2007 Financial Results
7. ADVENTRX Pharmaceuticals to Report Fourth Quarter and Year End 2007 Results
8. Eric K. Rowinsky Joins ADVENTRX Board of Directors
9. ADVENTRX to Present Complete ANX-530 Pharmacokinetic Data at the 2008 American Association for Cancer Research Annual Meeting
10. ADVENTRX Announces Consolidation of Clinical and Management Positions
11. ADVENTRX Pharmaceuticals Reports Third Quarter 2007 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/26/2014)... 2014 Publicis Healthcare Communications Group (PHCG), ... organization has won a total of 20 awards from ... was honored with a Silver Award and 11 Awards ... Awards of Excellence. , The Annual Rx Club ... promotion. The Awards provide a forum for the healthcare ...
(Date:11/26/2014)... November 26, 2014 In keeping with ... customers a bevy of last-minute Thanksgiving savings. The company ... offers across all product lines this holiday weekend as ... Thanksgiving, Black Friday, and Cyber Monday are right around ... thanks to both loyal customers and those looking to ...
(Date:11/26/2014)... On January, 14, 2015, UMBC’s Biotechnology ... science community to the UMBC campus for a discussion ... Protein Society, will take place from 9 a.m. to ... Through discussion, presentations and workshops, the free symposium will ... role in the industry and the future of protein ...
(Date:11/26/2014)... 25, 2014 SonaCare Medical, a ... (HIFU) devices, recently participated in the American Urology ... 360° .” Key opinion leaders in urology presented ... to small renal masses while attendees had the ... technologies in hands-on labs. Attendees at the Los ...
Breaking Biology Technology:Publicis Healthcare Wins 20 Rx Club Awards 2Publicis Healthcare Wins 20 Rx Club Awards 3DNA Spectrum Offers Last Minute Thanksgiving Coupons 2DNA Spectrum Offers Last Minute Thanksgiving Coupons 3SonaCare Medical Supports American Urology Association’s Small Renal Mass 360° Summit 2SonaCare Medical Supports American Urology Association’s Small Renal Mass 360° Summit 3
... Introduction , ... expression data. These statistical algorithms, created in response ... distribution of data found in microarray experiments. The new ... to accommodate advancements in array and probe selection technology. ...
... Chromatography and Mass Spectrometry Application Note , ... Electron Corporation, San Jose, CA , ... Rapid identification of low abundance proteins in complex mixtures is one ... research. Traditionally, this approach has utilized 3-dimensional quadrupole ion trap systems, such ...
... and Mass Spectrometry Application Note , L.Pereira, 1 ... , ... Thermo Electron Corporation, San Jose CA,USA , 3 Astra Zeneca R&D, Charnwood,UK , ... Comparison of the performance of various diode array detectors in the analysis of ...
Cached Biology Technology:New statistical algorithms for Monitoring Gene Expression on GeneChip® Probe Arrays 2New statistical algorithms for Monitoring Gene Expression on GeneChip® Probe Arrays 3New statistical algorithms for Monitoring Gene Expression on GeneChip® Probe Arrays 4New statistical algorithms for Monitoring Gene Expression on GeneChip® Probe Arrays 5New statistical algorithms for Monitoring Gene Expression on GeneChip® Probe Arrays 6Complex Peptide Mixture Analysis on the Finnigan LTQ Linear Ion Trap Mass Spectrometer 2Complex Peptide Mixture Analysis on the Finnigan LTQ Linear Ion Trap Mass Spectrometer 3Complex Peptide Mixture Analysis on the Finnigan LTQ Linear Ion Trap Mass Spectrometer 4Trace Analysis Optimizing Sensitivity Finnigan Surveyor PDA Detector 2Trace Analysis Optimizing Sensitivity Finnigan Surveyor PDA Detector 3
(Date:11/11/2014)... Inc., a Chicago -based digital forensics ... of Yaniv Schiff from Senior Computer Forensics ... role as Director, he will lead company efforts to ... provide leadership within the company,s digital forensics practice area.  ... Schiff joined Forensicon in 2006 and has ...
(Date:11/6/2014)... groundbreaking paper from a team of Florida State University ... plants could adapt to and survive environmental swings such ... the latest issue of the journal The Plant ... of DNA and proteins) is organized in a cell ... genes are turned on and others are turned off. ...
(Date:11/5/2014)... his career to understanding the Earth,s climate and ... As deputy director and regional climatologist for the ... Institute, Redmond has more than three decades of ... climate data to the general public. , At ... on December 15-19, 2014 the American Geophysical Union ...
Breaking Biology News(10 mins):Yaniv Schiff Promoted to Director of Digital Forensics at Forensicon, Inc. 2Maize analysis yields whole new world of genetic science 2Nevada climatologist to be honored at AGU Fall Meeting for lifetime of public outreach 2
... COLUMBIA, Mo. In an article in the Nov. ... National Academy of Science , researchers with Dow AgroSciences and ... when transformed into corn and soybeans, provide robust resistance to ... and soybean growers a solution to the growing problem of ...
... islands for species that live at high elevations? Are ... another because the valleys between them act as barriers, ... flow among distant populations? Dr. Andrea Kramer and ... of Illinois at Chicago were interested in pursuing these ...
... 1 (hBD-1), a human antibiotic naturally produced in the ... Nevertheless the human body produces it in remarkable quantities. ... itself, as the research group led by Dr. Jan ... Pharmacology of the Stuttgart-based Robert Bosch Hospital found out., ...
Cached Biology News:2 bacterial enzymes confer resistanceto common herbicide, say MU researchers 2Islands in the sky: How isolated are mountain top plant populations? 2Islands in the sky: How isolated are mountain top plant populations? 3Islands in the sky: How isolated are mountain top plant populations? 4Defense mechanism against bacteria and fungi deciphered 2
... This CLS number is ... created to easily match ... showing no availability yet, ... old Sigma-Aldrich number (Z36,327-8) ...
... Trx•Tag™ Ek Adaptor encodes a T7 promoter, ... (rbs), ATG translation initation codon, and an ... a 109 aa sequence that encodes thioredoxin. ... to enhance solubility of many proteins that ...
...
The LIC Duet™ Mini Adaptor encodes a T7 promoter, lac operator, ribosome binding site (rbs), and an ATG translation initation codon. This adaptor is designed for expression of a target protei...
Biology Products: