Navigation Links
Champions Biotechnology Reports Fiscal 2008 Full-Year Financial Results
Date:7/30/2008

ARLINGTON, VA., July 30 /PRNewswire-FirstCall/ -- Champions Biotechnology, Inc. (OTC Bulletin Board: CSBR), a company engaged in the development of advanced preclinical platforms and tumor specific data to enhance the value of oncology drugs, today announced its financial results for the fiscal year ended April 30, 2008. Full details of the Company's financial results are available in the Company's Form 10-KSB available at http://www.championsbiotechnology.com.

For the fiscal year ended April 30, 2008 the Company's operating revenue was $1,399,940 as compared to $0.00 for the fiscal year ended April 30, 2007. The Company commenced its operations in the biotechnology business in January 2007 and as a result only had four months of meaningful operations in the fiscal year ended April 30, 2007. The Company generated its revenue in FY 2008 from its Personalized Oncology services which assists physicians by providing information that may enhance personalized treatment options for their cancer patients.

For the fiscal year ended April 30, 2008 general and administrative expenses of $703,176 were incurred compared to $170,058 in FY 2007. The increase was due to the additional expenses associated with beginning operations as a biotechnology company. The Company spent $199,743 on research and development in FY 2008 to grow its Biomerk Tumorgraft(TM) preclinical platform as compared to $0.00 in the prior year period.

For the year ended April 30, 2008 the Company reported net income of $35,698 and earnings per share of $0.00 compared to a net loss of $170,058 and loss of $0.01 per share for the comparable period one year ago.

The Company's cash position on April 30, 2008 was $3,709,136 compared to $3,758 on April 30, 2007. In FY 2008, the net cash provided by operating activities was $792,404. In FY 2007, the net cash used in operating activities was $78,475. The Company's work
'/>"/>

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

0

GOOD

Page: 1 2 3 4

Related biology technology :

1. Dr. David Sidransky Appointed Chairman of Champions Biotechnology, Inc.
2. Ferring Pharmaceuticals Announces EUFLEXXA(TM) as Title Sponsor of the National Senior Games Hockey Championships and the GeezerJock of the Year Award
3. Champions Biotechnology, Inc. Appoints New Board Members and Forms Management Team
4. Champions Biotechnology, Inc. Completes $2,500,000 Private Financing at $1.75 per Share
5. Champions Biotechnology and ImClone Systems Establish Agreement for Preclinical Evaluation of Oncology Drugs
6. Spherix Shareholders Support Companys Focus on Naturlose, Biotechnology
7. New White Paper Details Strategies for Biotechnology Companies to Improve EH&S Compliance
8. Thomson Scientific to Host Pharmaceutical Vision - A Users Conference for Information, Regulatory Affairs, Competitive Intelligence and Biotechnology Professionals
9. Lixte Biotechnology Holdings, Inc. Announces the Initial Trading of Its Common Stock Under the Symbol: LIXT
10. Luminex Corporation to Present at Biotechnology Industry Organization Investor Forum
11. An Uncommon Eye: Photography Exhibit by Biotechnology Executive at BHCC Gallery
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2009)... , COPENHAGEN, Dec. 2 The world...ioIsoprene technology, a breakthrough alternative ...n the manufacture of synthetic rubber with renewab...k, this week. One tire will be on display at a lou... International Airport throughout December 21, whi...
(Date:12/2/2009)... , LIBREVILLE, Gabon, December 2 /PRNewswir...ica: Everyone,s Problem and Heritage" , C...ity, 2-3 June 2010 the,Gabonese Republic is hostin...) on the issue of safeguarding biological resource...vernment and state leaders, ministers,scientific ...
(Date:12/2/2009)... , JERUSALEM, Israel, December 2 /PRN...ity study evaluating the preclinical (animal study...ich combines technology from Weill,Cornell Medical...ential to,treat inherited anemias such as Cooley,s...ries of technologies to expand, ex vivo,populatio...
(Date:12/2/2009)... , NANJING, China, Dec. 2 /PRNewswire-Asi...he "Company") (NYSE: SCR ), a leading pharmaceut...facturing, and marketing of branded,generic and pr...d that 105 of,its drugs have been included in Chin...ch was issued by China,s Ministry of Human Resourc...
Breaking Biology Technology:The World's First Goodyear Concept Tires Made with BioIsoprene(TM) Technology Arrive in Copenhagen in time for United Nations Climate Change Conference 2The World's First Goodyear Concept Tires Made with BioIsoprene(TM) Technology Arrive in Copenhagen in time for United Nations Climate Change Conference 3Libreville International Conference 2-3 June 2010 2Gamida Cell Announces Feasibility Study With Weill Cornell Medical College 2Gamida Cell Announces Feasibility Study With Weill Cornell Medical College 3Simcere Announces 105 Drugs Included in China's National Drug Reimbursement List 2Simcere Announces 105 Drugs Included in China's National Drug Reimbursement List 3
... Alzheimers Disease was typical of how it robs peo...first, but gathered momentum over time. Independen...nd Still was in otherwise fine physical shape for ...o mumble more than a cogent word or two was gone. ...ught of him often in the past week or so with the ...
...has worked out some of the kinks in the automated ...na, Texas warehouse, it is offering help with RFID... the RFID Conference June 17 near Waukesha, held b...tional Paper analyst Mark Brown spoke about some o...out of the lab and into a hot, dusty, dirty wareho...
...lectric Company, recently announced the first pati..., at Froedtert Hospital in Milwaukee. , ,The Lig...organ in one second, scan the whole body in less t... coronaries in fewer than five heartbeats. , ,In a...s, totaling 40 millimeters of anatomical coverage....
Other Biology Technology:The passing of Ronald Reagan, and other Americans, is a reminder of the promise of stem-cell research 2International Paper takes RFID out of the lab and into its warehouses 2New CT scanner by GE Healthcare advances imaging technology 2
(Date:12/3/2009)... his co-workers discovered that specific types of ...Scientists soon found out how these pathogens caus...main culprits are viral proteins E6 and E7. Both p...tions, thus promoting cell growth. , Professor ...discovered another mechanism by which the E6 oncop...
(Date:12/3/2009)...Preliminary Press Conference Topics, Last Call! ... museum, Attention PIOs: Sending Press Releases ...ion deadline 10 December, News Media registratio...-registration deadline THIS MONDAY, 7 December, ...arding visas for international reporters, please s...
(Date:12/3/2009)...nality change in warmer water, according to an int...ay make some species more aggressive. , Experime...lia,s Great Barrier Reef have shown for the first ...imid, or consistently bold, and that these individ...eratures rise. , A slight lift of just one or tw...
Breaking Biology News(10 mins):Papillomavirus silences innate immune response 2AGU fall meeting: Preliminary press conference topics, press pre-registration deadline 2AGU fall meeting: Preliminary press conference topics, press pre-registration deadline 3AGU fall meeting: Preliminary press conference topics, press pre-registration deadline 4AGU fall meeting: Preliminary press conference topics, press pre-registration deadline 5AGU fall meeting: Preliminary press conference topics, press pre-registration deadline 6Fish with attitude: Some like it hot 2Steroid Restores Vision When Veins in Eye Become Blocked 57219 1People With Swine Flu May Be Contagious Longer Than Thought 57217 1People With Swine Flu May Be Contagious Longer Than Thought 57217 2People With Swine Flu May Be Contagious Longer Than Thought 57217 3Micromet to Present at the 16th Annual NewsMakers in the Biotech Industry Conference on September 16 2009 14063 1Micromet to Present at the 16th Annual NewsMakers in the Biotech Industry Conference on September 16 2009 14063 2Micromet to Present at the 16th Annual NewsMakers in the Biotech Industry Conference on September 16 2009 14063 3
...cludes a special section entitled Managing for Res...icles in the section highlight different aspects o...hematical ecology into ecosystem-based management ...conomic importance of services that marine ecosyst...awareness of those ecosystems imperiled state and ...
... 1st issue of G&D report on the discovery of a bid... Drosophila. The studies from Drs. Alexander Stark... Dr. Eric Lai (MSKCC) and colleagues, both reveal ...s, miR-iab-4, generates the novel miRNA precursor ...ry RNAs. When ectopically expressed, mir-iab-8 gen...
... with hepatitis C, having a low blood platelet cou...nced disease. This problem is compounded by the fa...se can further reduce platelet numbers to dangerou... the treatment they urgently need. Now, research p...nds that a new drug, eltrombopag, appears to signi...
Other Biology News:Resilience concepts poised to aid management of coastal marine ecosystems 2Eltrombopag effective for hepatitis C patients with low blood-platelet counts 2Eltrombopag effective for hepatitis C patients with low blood-platelet counts 3
...2-04 is an ultra-compact pump available in single ...for use in portable air and gas applications. Deli...environments where DC operation, high performance,...itical., Offers ultra-compact size, long life, a...
Curcumin (technical grade) from Cayman Chemical
Total Protein - Diabetic Disease: Esophagus from BioChain
...its patented technology, the Lone Wolf valve has t...ally Open proportional valve available on the mark...es repeatable high-speed performance, and ensures ...mance. , Enhances system control and patient comf...
Biology Products: