Navigation Links
Bionovo Reports First Quarter 2008 Financial Results
Date:5/9/2008

ture events or otherwise.

Bionovo, Inc.

(A Development Stage Company)

Condensed Statements of Operations

(Unaudited)

Accumulated from

February 1,

2002

(Date of inception)

Three months to

ended March 31, March 31,

2008 2007 2008

Revenues $- $3,750 $659,490

Operating expenses:

Research and development 2,387,393 2,788,668 18,179,598

General and administrative 1,822,027 694,921 9,273,794

Merger cost - - 1,964,065

Total operating expenses 4,209,420 3,483,589 29,417,457

Loss from operations (4,209,420) (3,479,839) (28,757,967)

Change in fair value of

warrant liability - - 831,288

Interest income 306,192 149,712 1,374,609

Interest expense (26,537) (14,081) (263,554)

Other income (expense) (15,575) - 129,321

Loss before income tax (3,945,340) (3,344,208) (26,686,303)

Income tax provision (3,256) (800) (12,258)

Net loss $(3,948,596) (3,345,008) $(26,698,561)

Basic and diluted net loss per $(0.05) $(0.05) $(0.70)

Shares used in computing

basic and diluted net loss

per com
'/>"/>

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

0

GOOD

Page: 1 2 3 4 5 6

Related biology technology :

1. Bionovo to Present Recent Findings of BN107 and BN108, Its Anticancer Agents, at the American Association of Cancer Research
2. Bionovo Identifies and Describes ER-beta Selective Compounds for the Treatment of Vaginal Dryness
3. Louis Drapeau Joins Bionovos Board of Directors
4. George Butler Joins Bionovos Board of Directors
5. Bionovo to Present at Bank of Montreals 2007 Focus on Healthcare Conference
6. Bionovo Announces Third Quarter 2007 Financial Results
7. Bionovo Announces the Pricing of Public Offering of Shares of Common Stock
8. Bionovo to Present at the Biotechnology Industry Organization (BIO) Investor Forum
9. Bionovo Announces Proposed Public Offering of Common Stock
10. Bionovo to Present at A.G. Edwards 2nd Annual Emerging Growth Conference 2007
11. WorldHeart Reports an Event of Default Under the Note Issued to Abiomed, Resignation of One of Its Board of Directors, and Results of Shareholder Vote at Its Annual Shareholders Meeting

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/25/2009)..., BOCARATON,Fla.,Nov.25/PRNewswire/--Formanybusine...henation,slargestandfastestgrowingnetworkofexpertp...sed bioidenticalhormones has grownthenumberof ph...6physicians -andisinprogresstoaddmorephysician-own...ear. ,, Inthepastyear ,BodyLogicMDhasopened13ne...
(Date:11/25/2009)...,Nov.25/PRNewswire-Asia/--SinovacBiotechLtd.(SVA),...odaythatitexecuted,ajointventure(JV)agreementtoest...novacDalian).TheJVwillresearch,develop,produce,and...teitsexpertise,andexperienceindevelopingandcommerc...gitslanduserights,manufacturingfacilitiesand,estab...
(Date:11/25/2009)...O,Nov.25/PRNewswire-FirstCall/--ArdeaBiosciences,I...harm.D.,presidentandchiefexecutiveofficer,willpres.... , ,Presentationdetailsareasfollows:,PiperJaffr...mber1,2009,Time:2:00p.m.EasternTime,Location:TheNe.../www.corporate-ir.net/ireye/,target=,_blank,title...
(Date:11/24/2009)...,Nov.24/PRNewswire-FirstCall/--IES(Nasdaq: IESC ),...onssystemsandservicesforthecommercial,industrialan...lbusinessgrouphasbeenawardedacontractfromManhattan...io-safetylab(BSL-4)replacementfacilityattheU.S.Arm...RIID)atFortDetrickinFrederick,Md. ,, ThenewUSAM...
Breaking Biology Technology:Nation's Largest Network of Doctors Specializing in Bioidentical Hormones Grows at an Exponential Rate 2Nation's Largest Network of Doctors Specializing in Bioidentical Hormones Grows at an Exponential Rate 3Sinovac Establishes Joint Venture to Expand Human-Use Vaccine Development and Manufacturing Capabilities 2Sinovac Establishes Joint Venture to Expand Human-Use Vaccine Development and Manufacturing Capabilities 3Ardea Biosciences to Present at the Piper Jaffray 21st Annual Health Care Conference 2Integrated Electrical Services Awarded Contract to Provide Electrical Systems for U.S. Army Medical Research Institute of Infectious Diseases 2
...Albert Einstein College of Medicine researchers pu...journal -, CLINTON, N.J., Sept. 25 Producing a s...tering an experimental drug from,Ikaria (an inject...lfide),showed promise in a study designed to reduc...ed in the online edition of the Proceedings of the...
...receives $500,000 ,genius award, with ,no strings ...cell biologist at,Fred Hutchinson Cancer Research ...rthur Fellowships, a "genius" award given annually...ion. Roth will receive $500,000 over,five years of... the Hutchinson Center,s Basic Sciences Division, ...
...pt. 25 Earlier today,Signalife announced that it ...3 million (three million three hundred thousand do... of new management,s initial sales campaign. In,th...hat is $5.28 million of,sales orders of our Fideli...e Company, and -- as we fulfill our existing order...
Other Biology Technology:New Study Shows Promise for Hydrogen Sulfide in Reducing Heart-Attack Damage, Ikaria Announces 2New Study Shows Promise for Hydrogen Sulfide in Reducing Heart-Attack Damage, Ikaria Announces 3Basic Scientist Mark Roth Wins MacArthur Fellowship 2Basic Scientist Mark Roth Wins MacArthur Fellowship 3Signalife Receives Another $3.3 Million Sales Orders 2
(Date:11/24/2009)...ors to understanding how sounds associated with Na...al or if they hear it at all. , The same type o...uses to detect flaws in the space shuttle,s behemo...o peek inside the giant head of a whale. The scans... of a whale,s hearing anatomy using a breakthrough...
(Date:11/24/2009)...arkable class of ring-shaped protein motors has be...eley National Laboratory (Berkeley Lab) using a st... the Advanced Light Source (ALS). These protein mo...lication, and are vital to the survival of all bio...as the human papillomavirus, which has been linked...
(Date:11/24/2009)...ng held secrets of the earth,s history locked in i...very little information on the environments that h...of years. Now, a team of researchers from nine ins...tune of $10 million dollars by the National Scienc...gs literally. These scientists will drill through...
Breaking Biology News(10 mins):Rocket science leads to new whale discovery 2Atomic-level snapshot catches protein motor in action 2Atomic-level snapshot catches protein motor in action 3Atomic-level snapshot catches protein motor in action 4LSU gets to the bottom of things -- in Antarctica 2Research Finds New Crop of Breast Cancer Genes 47543 1Research Finds New Crop of Breast Cancer Genes 47543 2New Study Documents High Prevalence of Serious Mental Illnesses Among Nations Jail Populations 47540 1New Study Documents High Prevalence of Serious Mental Illnesses Among Nations Jail Populations 47540 2Horizon Therapeutics HZT 501 Significantly Reduces Incidence of NSAID Induced Upper Gastrointestinal Ulcers in Patients With Mild to Moderate Pain 4506 1Horizon Therapeutics HZT 501 Significantly Reduces Incidence of NSAID Induced Upper Gastrointestinal Ulcers in Patients With Mild to Moderate Pain 4506 2Horizon Therapeutics HZT 501 Significantly Reduces Incidence of NSAID Induced Upper Gastrointestinal Ulcers in Patients With Mild to Moderate Pain 4506 3Horizon Therapeutics HZT 501 Significantly Reduces Incidence of NSAID Induced Upper Gastrointestinal Ulcers in Patients With Mild to Moderate Pain 4506 4Horizon Therapeutics HZT 501 Significantly Reduces Incidence of NSAID Induced Upper Gastrointestinal Ulcers in Patients With Mild to Moderate Pain 4506 5
...anish . , A scientific group of the Universitie...nd Nakai (China), among others, have deciphered fo...ase papaya (Carica papaya), according to the cover...ure . One of the researchers is a scientist assign...rtment of Genetics of the University of Granada...
... Caramellino, two doctoral students in NJITs grad...ed recognition at a student poster event organized... manufacture nano- and micro-sized drug particles....ty for Pharmaceutical Engineering was the sponsor....has recognized that new technologies and methods m...
...Business Assessment Group will fund four faculty r...ified these one-year projects from a number of exc...tation earlier this spring. Funding for the progr...al Property Management, and is generated by royalt...rojects show a significant probability of having c...
Other Biology News:Scientists decipher fruit tree genome for the first time 2Scientists decipher fruit tree genome for the first time 3NJIT doctoral students receive recognition at poster competition 2OSU technologies funded for development 2OSU technologies funded for development 3
Phosphate Colorimetric Assay Kit from BioAssay Systems
EnzChek cellulase substrate *blue fluorescent, 339/452 from Invitrogen
... Ladder is suitable for sizing single-stranded RNA...dehyde agarose gels. The ladder consists of nine b...0 kb) to simplify size estimation. The 1.5 kb band...y orientation and identification of RNA bands on t...
CpGenome™ Universal DNA Modification Kit from Upstate
Biology Products: