Navigation Links
Bacterin Announces Record 2011 Revenue of $30.1 Million; Up 96% Year-over-Year
Date:3/22/2012

BELGRADE, Mont., March 22, 2012 /PRNewswire/ -- Bacterin International Holdings, Inc. (NYSE Amex: BONE), a leader in the development of revolutionary bone graft material and antimicrobial coatings for medical applications, today announced its financial results for the fourth quarter and full year ended December 31, 2011:

Fourth Quarter 2011 Highlights:

  • Revenue increased 72% to $9.1 million, compared to the $5.3 million for the fourth quarter of 2010.
  • Operating loss decreased by 21% to $2.7 million, compared to a loss of $3.4 million in the fourth quarter of 2010.
  • Two-year study results showed Company's flagship product, OsteoSponge®, equivalence to rhBMP-2 in spinal fusion, an important feature at a time when surgeons are moving away from rhBMP-2 because of concerns over complications. OsteoSponge® has already been used in 100,000 procedures prior to the data announcement and the Company expects this data to help further increase its market share, a substantial opportunity as the leading rhBMP-2 based product generates $800 million a year.
  • A distribution agreement was signed with Jeil for LeForte Craniomaxillofacial System.
  • Hospital accounts increased to 616 facilities, an increase of 27% over 484 facilities in Q4 2010.

  • Full Year 2011 Highlights:

  • Revenue increased 96% to $30.1 million, compared to $15.4 million for fiscal year 2010.
  • Operating loss decreased by 25% to $6.5 million, compared to fiscal year 2010.
  • A $15 million credit facility, with an initial draw of $7 million, was secured with MidCap Financial and Silicon Valley Bank; and approximately $3 million was raised in private placement offerings.
  • The Company acquired the assets of Robinson MedSurg LLC, a medical device distribution company focused primarily on maxillofacial and craniofacial surgery devices.

  • '/>"/>
    SOURCE Bacterin International, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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

    Related biology technology :

    1. Bacterin International Holdings, Inc. Schedules Fourth Quarter 2011 Financial Earnings Conference Call
    2. Bacterin Signs Distribution Agreement with Jeil for LeForte Craniomaxillofacial System
    3. Bacterin Becomes Premier Founding Sponsor of RMECs New Osteobiologics Registry
    4. Bacterin to Present at Lazard Capital Markets 8th Annual Healthcare Conference on November 16, 2011
    5. Bacterin Sponsors the 2012 Donate Life Rose Parade Float in Recognition of Donor Families
    6. Bacterin International to Present at Stifel Nicolaus 2011 Healthcare Conference on September 8, 2011
    7. Bacterin Reports New Hires and Management Reorganization, Driving Most Active Processing Month in July
    8. Bacterin International Signs Its Second National GPO Contract for Bacterin Biologics and Its First For Wound Drains with ROi
    9. Bacterin International to Present at Noble Financial Capital Markets Seventh Annual Equity Conference on May 16, 2011
    10. Bacterin International Secures $1.9 million in Private Placement
    11. Bacterin International Updates Fourth Quarter and Full Year 2010 Financial Results
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:1/22/2015)... Madison, WI (PRWEB) January 22, 2015 Dr. ... at the 12th annual Scripps Natural Supplements Pre-Conference seminar on ... Supplements Conference is an annual continuing education conference for health ... 15th and included the topic of probiotics in health. Dr. ...
    (Date:1/22/2015)... 22, 2015   Cypher Genomics, Inc., the ... SQNM ), the leading molecular diagnostics ... generation noninvasive prenatal tests (NIPT). Through this agreement, ... Mantis™, to advance analysis of clinically-relevant fetal sub-chromosomal ...
    (Date:12/24/2014)... Dec. 24, 2014  United Therapeutics Corporation (NASDAQ: ... MDT ) has submitted a pre-market approval application ... the use of Medtronic,s SynchroMed ® II implantable ... use with United Therapeutics, Remodulin ® (treprostinil) Injection ...
    (Date:12/24/2014)... GMO corn cases filed across the United States, and ... being consolidated in a Kansas federal court for pretrial proceedings. ... Corn Litigation, MDL No. 2591 in the U.S. District Court ... GMO corn multidistrict litigation (MDL) has been handed over to ...
    Breaking Biology Technology:Cypher Genomics and Sequenom Announce Development Agreement 2Cypher Genomics and Sequenom Announce Development Agreement 3Cypher Genomics and Sequenom Announce Development Agreement 4United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 2United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 3United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 4Carey Danis & Lowe Reports on Syngenta GMO Corn Transfer Order 2
    ... Abstract , ... that produce highpurity total RNA from biological sources such as cultured ... other manual handling, and produce a highly pure product, free of ... These new techniques respond to the demand ...
    ... Overview , ... biomarkers increases in importance, extensive lists of candidate markers are being ... larger numbers of candidate genomic markers exist from DNA transcriptional profiling ... While these genomic markers can ...
    ... Wild-type T4 Polynucleotide Kinase (PNK) ... 5'-ends of DNA and oligonucleotides. Labeling, in particular, can be ... reaction (Fig. 1) (3) . Historically, T4 PNK has played ... be important in applications such as labeling of probes for ...
    Cached Biology Technology:Total RNA Purification from Cultured Cells Using the ABI PRISM 6700 Automated Nucleic Acid Workstation and Total RNA Lysis Reagents 2Total RNA Purification from Cultured Cells Using the ABI PRISM 6700 Automated Nucleic Acid Workstation and Total RNA Lysis Reagents 3Total RNA Purification from Cultured Cells Using the ABI PRISM 6700 Automated Nucleic Acid Workstation and Total RNA Lysis Reagents 4Total RNA Purification from Cultured Cells Using the ABI PRISM 6700 Automated Nucleic Acid Workstation and Total RNA Lysis Reagents 5Total RNA Purification from Cultured Cells Using the ABI PRISM 6700 Automated Nucleic Acid Workstation and Total RNA Lysis Reagents 6Multiplexed Quantitative Peptide Assays for Protein Biomarkers of Cardiovascular Disease in Human Plasma 2Multiplexed Quantitative Peptide Assays for Protein Biomarkers of Cardiovascular Disease in Human Plasma 3Multiplexed Quantitative Peptide Assays for Protein Biomarkers of Cardiovascular Disease in Human Plasma 4Multiplexed Quantitative Peptide Assays for Protein Biomarkers of Cardiovascular Disease in Human Plasma 5 USB OptiKinase Eliminates Base Bias in Labeling of Oligonucleotide 5'-Ends 2 USB OptiKinase Eliminates Base Bias in Labeling of Oligonucleotide 5'-Ends 3
    (Date:12/19/2014)... Inc., the leading personal genetics company, today announced the publication ... of individuals from across the United States ... hundred years ago, the United States ... continents. This study illuminates how American history and the ongoing ...
    (Date:12/17/2014)... , Dec. 15, 2014  HITLAB SM announced ... audit to confirm its adherence to current U.S. Food ... to conduct regulated smart device and smart phone application ... research quality. "HITLAB is determined to improve ...
    (Date:12/15/2014)... DUBLIN , Dec. 12, 2014 Research and Markets ... of the "Global Facial Recognition Market 2015-2019" ... http://photos.prnewswire.com/prnh/20130307/600769 Facial recognition is a technology ... measures the overall facial feature of a person such ...
    Breaking Biology News(10 mins):23andMe Study Sketches Genetic Portrait of the United States 223andMe Study Sketches Genetic Portrait of the United States 323andMe Study Sketches Genetic Portrait of the United States 4HITLAB Completes GCP Audit for FDA Smart Device & App Compliance 2Global Facial Recognition Market 2015-2019: Key Vendors are 3M Cogent, Cognitec Systems, NEC and Safran Group 2Global Facial Recognition Market 2015-2019: Key Vendors are 3M Cogent, Cognitec Systems, NEC and Safran Group 3
    ... that is a primary target of the degenerative brain ... as Alzheimer's disease in patients who develop dementia before ... recently in evolutionary history -- in a common ancestor ... in humans, and the finding supports the concept that ...
    ... researchers at the University of Illinois at Urbana-Champaign have ... of social behavior in humans. , "The honey bee ... social behavior," said Saurabh (pronounced SAW-rub) Sinha, a professor ... Institute for Genomic Biology. Using that model system, Sinha ...
    ... general public alike have been acutely aware of the potential ... people might still recall the pandemics of 1968 and 1957, ... recurrence on that scale--that causes the most trepidation. ... people died from this particular strain of the flu virus ...
    Cached Biology News:Study offers window into human behavior, brain disease 2Study offers window into human behavior, brain disease 3Study offers window into human behavior, brain disease 4Honey bee genome holds clues to social behavior 2Recurrence of a flu pandemic similar to infamous 1918 flu could kill 62 million 2Recurrence of a flu pandemic similar to infamous 1918 flu could kill 62 million 3
    Request Info...
    Automated -80° C sample library for microplates and cryotube racks in SBS format; for integration into automated processes....
    Automated -80° C sample library for microplates and cryotube racks in SBS format; for integration into automated processes....
    Automated centrifuge for the processing of microplates and tubes; can be integrated into automated process using inexpensive robotics due to its unique sample handling platform....
    Biology Products: