Navigation Links
Angiotech announces preliminary third quarter financial results and updates fiscal 2007 outlook

s were $132.7 million.

- Angiotech expects to post a net loss on a GAAP and adjusted basis for

the third quarter, pending finalization of certain tax items.

With the third quarter results as reported, we are updating our full year 2007 outlook as follows:

- We are updating our full year 2007 expected royalty revenue range

to $118 million to $120 million, based on third quarter paclitaxel-

eluting stent sales of $448 million announced by BSC in its third

quarter earnings release earlier today and from which we will derive

and record royalty revenue in our fourth quarter of 2007. BSC

announced on October 16 that it plans to present a broad range of

clinical trial data reinforcing the safety and efficacy of TAXUS(R)

coronary stent systems at the upcoming Transcatheter Cardiovascular

Therapeutics (TCT 2007) scientific symposium, which runs from

October 20 to 25 in Washington, DC.

- We are revising our 2007 medical product sales outlook to a range

of $171 million to $173 million, from our previous range of

$190 million to $210 million. Our previous range included expected

revenue of $180 million to $190 million from medical products

obtained in the acquisition of American Medical Instruments, Inc.

(AMI) and $10 million to $30 million from new product lines. We

expect fourth quarter net medical product sales to be between

$42 million and $44 million.

- Our full year 2007 outlook for revenue derived from sales of medical

products obtained from AMI is modestly lower as compared to our

original expectations as a result of our decision to de-emphasize or

discontinue certain product lines that were generating limited or

negative contribution margins in the second half of 2007. In

addition, our previously announced decisi

SOURCE Angiotech Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related biology technology :

1. Speaker announces business members of IT Task Force
2. Doyle announces technology tax credits for Berbee
3. Doyle announces new energy, global warming policies
4. Doyle announces $80M renewable energy strategy
5. GE announces first installation of Discovery VCT
6. UWM announces winners of RGI awards
7. Third Wave announces two senior management appointments
8. Mirus announces new method for making antibodies
9. Merge announces sofware updates, upcoming acquisition
10. Small Tree announces ethernet solution for Apple Xserv G5
11. TEKLYNX International announces new RFID software
Post Your Comments:
(Date:5/26/2015)... -- Mr. Kevin Xu , President of MEBO International, ... and President Bill Clinton for their sympathy ... Rongxiang Xu , Kevin,s father. As ... time, Dr. Xu,s commitment to the advancement of science and ... not be forgotten. As a renowned life scientist, Dr. Xu ...
(Date:5/26/2015)... 26, 2015 /PRNewswire/ - Fluorinov Pharma (Fluorinov), a FACIT ... M. Beshar to its Board of Directors.  His ... industry expertise as Fluorinov accelerates its clinical development activities.  ... it is a pleasure to welcome Luke to the ... on the strategy, financial strength and success of multiple ...
(Date:5/26/2015)... CA (PRWEB) May 26, 2015 ... officially joining the Alliance for Regenerative Medicine (ARM). ... fostering research, development, investment, and commercialization of transformational ... PRC Clinical, the California-based CRO focused in ... in stem cell and regenerative research working with ...
(Date:5/25/2015)... Where is the universe expanding to? ... honest answer is that nobody is entirely sure." , ... the month of June, starting with the ULI Florida ... to top tech trends. And one of the most ... universe is expanding to. According to Einstein’s theory of ...
Breaking Biology Technology:Dr. Rongxiang Xu, Beyond A Legend 2Luke M. Beshar Appointed to Fluorinov Pharma Board of Directors 2Luke M. Beshar Appointed to Fluorinov Pharma Board of Directors 3PRC Clinical Joins 200+ Member Organizations in The Alliance for Regenerative Medicine (ARM) 2PRC Clinical Joins 200+ Member Organizations in The Alliance for Regenerative Medicine (ARM) 3Futurist Jack Uldrich Says Embracing Our Ignorance is the Key to Unlearning 2Futurist Jack Uldrich Says Embracing Our Ignorance is the Key to Unlearning 3
... of Standards and Technology (NIST) have developed ... and validate the performance of analytic instruments ... , Recent years have seen a significant ... fluorescence-based analytic techniques. Researchers can detect, measure ...
... ANN ARBOR, Mich. In the American governments biodefense ... anthrax outbreak remains a significant concern, six years after ... 9/11. , Now, researchers at the University of ... of how anthrax-causing bacteria survive and grow inside unwitting ...
... place out beyond the horizon. Even as you read ... worlds waterways and oceans, not to mention innumerable smaller merchant ... changing out crews and cargos, and steaming from one location ... be a very murky world of shadowy ship registry offices, ...
Cached Biology Technology:Fluorescent glass SRMs are new tool for spectroscopy 2Taming the anthrax threat 2Taming the anthrax threat 3Out beyond the horizon 2Out beyond the horizon 3
(Date:5/19/2015)... 18, 2015 Fingerprint Cards (FPC) has ... FPC1145, FPC1155 and FPC1035 from one if its module partners. ... including Q3 2015 and the sensors will be used by ... values for 2015 hereby amount to 740 MSEK to date. ... 140 MSEK and a number of smaller orders not separately ...
(Date:5/14/2015)... 2015  Verificient Technologies, Inc., a technology ... remote proctoring, announced a new alliance partnership ... creator of the Canvas Learning Management System ... will benefit from the seamless integration of ... a fully integrated multifactor biometrics behavioral application, ...
(Date:5/8/2015)... May 8, 2015 Synaptics Inc. (NASDAQ: SYNA ... that members of the executive management team will present at ... Technology, Media and Telecom Conference Date: May 18, 2015 ... Boston, MA Cowen and Company ... 2:45pm ET Location: The New York Palace Hotel, ...
Breaking Biology News(10 mins):Fingerprint Cards Receives Touch Fingerprint Sensor Order of SEK 230 Million and Raises Revenue Guidance for 2015 2Verificient and Instructure Announce Alliance Partnership to Provide Online Proctoring for K-12 and Higher Education Institutions 2Synaptics to Present at Upcoming Investor Conferences 2
... of Defence (MINDEF) and the Nanyang Technological University (NTU) ... strengthen Singapore,s defence science and technology research and development ... by inking a Memorandum of Understanding (MOU) at the ... the setting up of the Temasek Research Fellowship and ...
... Pharmaceutical Scientists (AAPS) is a professional, scientific society ... government and other research institutes worldwide. Founded in ... the exchange of knowledge among scientists to enhance ... scientific programs, on-going education, information resources, opportunities for ...
... tropical butterfly that potentially makes it able to distinguish between ... from the University of Bristol, UK. The team ... detection of predators, in particular birds. The Blue Morpho ... America, are more famous for their amazing wing colouration and ...
Cached Biology News:MINDEF, NTU join hands to boost Singapore's defense R&D capabilities 2
... 500 Series is a sophisticated ... most advanced technologies available. The ... testing, powerful software and a ... researchers optimize their overall workflow ...
... crosslinked to protein G-agarose beads which can ... heart mitochondria. Also included are 2 mg ... ,The pyruvate dehydrogenase complex (PDH) immunocapture kit ... of tissue. This facilitates the subsequent analysis ...
... delivery using PULSin may be superior to ... unlike traditional transfection, with PULSin you can ... and time course of proteins in cells. ... more information than traditional RNA interference experiments. ...
... be superior to transfection in some applications. ... PULSin you can study lethal proteins and ... proteins in cells. Likewise, delivery of blocking ... RNA interference experiments. ,With PULSin you ...
Biology Products: