Navigation Links
BioForm Reports Financial Results for the Fourth Quarter and Full Fiscal Year Ended June 30, 2008
Date:9/4/2008

in gross profit margin for the quarter ended June 30, 2008 was primarily due to a variation of production volume and overhead expense incurred, and lower royalty license expense.

Operating expenses were $34.7 million in the quarter ended June 30, 2008 as compared to $17.5 million in the quarter ended June 30, 2007. The increase in operating expenses was primarily attributable to the expensing of in-process research and development arising from the acquisition of assets from ACI, an increase in sales and marketing costs as a result of the expansion of the Company's sales forces in the United States and Europe in early fiscal 2008, expansion of the Company's clinical education programs, and additional higher employee-related expenses.

Net loss per share applicable to common stockholders decreased to $0.43 for the quarter ended June 30, 2008 as compared to $1.20 for the quarter ended June 30, 2007, due primarily to the increase in the shares outstanding as a result of the sale of 11.5 million shares of common stock in the Company's November 2007 initial public offering and the conversion of 30.4 million shares of preferred stock into common stock concurrent with this public offering.

Fiscal Year 2009 Guidance:

BioForm Medical is providing the following financial guidance for the full fiscal year ended June 30, 2009:

-- Revenues are expected to be approximately $74 to $78 million.

-- Gross profit is expected to average approximately 81% to 83% as a

percentage of sales on an annual basis, with some possible fluctuation

outside of this range on a quarterly basis.

-- Operating expenses are expected to be approximately $84 to $86 million.

-- Net loss is expected to be approximately $20 to $23 million.

Product Pipeline Update:

BioForm Medical is providing the following update on its product pipeline:

-- RADIESSE(R) Dermal Filler Next-Generation Products: The Company has a


'/>"/>
SOURCE BioForm Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related biology technology :

1. BioForm Medical to Present at the 2008 JPMorgan Healthcare Conference on January 7, 2008
2. EpiCept Reports Expansion of Clinical Development For Licensed Cancer Compound
3. QMed, Inc. Reports July Medicare SNP Enrollments
4. Phlo Affiliate Reports Expanded Coverage to Oregon Border
5. Healthcare Technologies Reports Loss for 2007 Second Quarter & Six Months Results
6. Dragon Pharmaceutical Reports Growth in Sales and Profits during Second Quarter of 2007
7. Carrington Reports Second Quarter 2007 Results
8. Avitar Reports Third Quarter Financial Results for Fiscal 2007
9. Response Genetics Reports Second Quarter 2007 Financial Results
10. Cadence Pharmaceuticals Reports Second Quarter 2007 Financial Results
11. Transgenomic, Inc. Reports Second Quarter 2007 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2008)... DuPont Applied BioSciences has turned to MBI ...g the commercial viability of an important bio-bas...bridging the gap between research and commercializ...d technologies. MBI’s unique “Collabor...resses technological uncertainties, which impede n...
(Date:12/2/2008)...c. 2 GeneGo, Inc., the leading sys...urnham has become a certified GeneGo Center of Exc...-wide access to GeneGo,s MetaCore data analysis su...nstitute is a world-class biomedical research faci...hroughout many departments, including research in ...
(Date:12/2/2008)...c. 2 Intradigm Corporation, a lead...nce (RNAi) therapeutics, today,announced the issu...Methods,and Compositions for Controlling Efficacy...based on the seminal research of Philip Zamore, Ph...Sciences and Professor of Biochemistry,& Mole...
(Date:12/2/2008)...ogy Earns an Innovation Point as a Stand-Alone Pro...ire/ -- The National Geographic Society has used a...to be re-certified as a national leader in energy ...e technology, manufactured by StrionAir of Louisvi...ree points for its LEED-EB 2.0* re-certification a...
Breaking Biology Technology: DuPont Applied BioSciences Selects MBI to Collaborate on Process Development and Scale-Up for New Bio-based Product 2The Burnham Institute for Medical Research Becomes a GeneGo Center of Excellence Using MetaCore for Stem Cell Research and Neurology 2Intradigm Announces Issuance of Key Patent Related to Enhancing Efficacy and Potency of RNAi Therapeutics 2Intradigm Announces Issuance of Key Patent Related to Enhancing Efficacy and Potency of RNAi Therapeutics 3National Geographic Uses Air Filtration in Bid To Be an Energy, Environmental Leader 2
...our-port Ethernet cards it began offering in Janu...ware for Apple G4 and G4 servers that combines Eth...more bandwidth. , ,The company is the first to pro...erve and Power Mac platforms. In March, it expande...ent Corky Seeber has designs on a market niche tha...
...s implemented IBM s eServer BladeCenter JS20 as t...rt system for proteomics research. IBM announced l...t blade system based on Power Architecture will b...he MCW is the initial customer site to test the Se...Sequest is an application specifically for use in ...
...that China represents phenomenal opportunities for...sconsin companies doing business in China and othe...protect their intellectual property and technology...icant counterfeiting still occurs, despite the eff... to prevent it. Therefore, Wisconsin companies sh...
...l technology subsidiary of Marshall & Ilsley Corpo...itive agreement to acquire the Kirchman Corporati...an Corporation is a provider of automation softwar... The Kirchman Corporation will become a Metavante ...ial Services Group. The transaction, terms of whic...
Other Biology Technology:Small Tree boosts bandwidth for Apple G4 and G5 servers 2Medical College of Wisconsin enhances research with IBM Blade server 2Protecting your intellectual property in overseas markets 2Metavante acquires Florida banking corporation 2
(Date:12/1/2008)...laboration of Stanford University,s Woods Institut...the World Wildlife Fundhas been awarded a two-year...ore Foundation to develop a software program for m...ed by temperate marine ecosystems. , Called Mari...ces and Tradeoffs), the proposed software will giv...
(Date:12/1/2008)...ne site of the journal Biology of Reproduction , ...ime that vitamin D induces immune responses in pla...timicrobial protein cathelicidin. , The study in...o the active form of vitamin D, leading to product... response in the trophoblast cells. , The team, ...
(Date:12/1/2008)...sity] Gray mold is a gardener,s nightmare. The fu...cinerea , is a scourge to more than 200 agricultur... such as tomatoes, strawberries, snap and lima bea...d potatoes. Gray mold envelops its target in a vel... plants, cells, eventually causing the plant to di...
(Date:12/1/2008)...ry" of sea and land animals around a group of Anta...diversity and has more species than the Galapagos....tor how they will respond to future environmental ... Biogeography , the team from British Antarctic Su...combed the land, sea and shores of the South Orkne...
Breaking Biology News(10 mins):Natural Capital Project to develop conservation software 2Brown chemist finds gray mold's killer gene 2Luminex Corporation Third Quarter Earnings Release Scheduled for October 24 2007 1184 1Luminex Corporation Third Quarter Earnings Release Scheduled for October 24 2007 1184 2Luminex Corporation Third Quarter Earnings Release Scheduled for October 24 2007 1184 3Low Lead Exposures Can Hurt Kidneys 3337 1Tooth loss dementia may be linked JADA study suggests 3335 1Microgrid allows simultaneous study of multiple variables 3333 1Microgrid allows simultaneous study of multiple variables 3333 2
...al vaccine can prevent mice from developing a brai... research that will be presented at the American A...n, April 28 ?May 5, 2007. Prion diseases, which in...g disease, are fatal and there is no treatment or ...he body parts of other animals contaminated with p...
...urally occurring molecule in the body appears to c...drenergic receptor agonists used in acute heart fa...iveness over time. , Nitric oxide is a molecule pr...ncluding the contraction or dilation of blood vess...sity Medical Center and Howard Hughes Medical Inst...
...a tree in your tank." Fuel companies aren,t toutin...esearch done in part by Bruce Dale, Michigan State...materials science, making fuels from poplar trees ...t-effective. , Dale is internationally known fo...plant biomass ?the stems, leaves, stalks and trunk...
...umble coral may possess as many genes ?and possibl...hough it is very distant from humans in evolutiona...hat protect people against disease. In fact, it is... , Corals are among the simplest animals in the ...e and complex as our own, says Professor David Mil...
Other Biology News:Vaccine prevents prion disease in mice 2Nitric oxide: Key to cardiovascular and pulmonary function and drug effectiveness 2Nitric oxide: Key to cardiovascular and pulmonary function and drug effectiveness 3Corals -- More complex than you? 2Corals -- More complex than you? 3
StemSep Anti-Phycoertherin Tetrameric Antibody Complexes, 2 mL for labeling 1x10 9 cells. Cross-linking Reagent for StemSep Separations of Cells Labeled with PE-conjugated Antibody.
4',6-Diamidino-2-phenylindole, dihydrochloride (DAPI)
Includes PROTEAN II xi Basic unit and IPG conversion kit PROTEAN II XL Cell, wide format, Compatible with ReadyStrip IPG Strips 1.0 mm 165-3188 1.5 mm 165-3189 2.0 mm 165-3190
The PROTEAN II xi cell, 16 cm, is used for vertical slab gel electrophoresis of nucleic acids and proteins in agarose gels. The cell is supplied without spacers and combs. The unit includes a central
Biology Products: