Navigation Links
Discovery Labs Reports First Quarter 2012 Financial Results
Date:5/3/2012

WARRINGTON, Pa., May 3, 2012 /PRNewswire/ -- Discovery Laboratories, Inc. (Nasdaq: DSCO), a specialty biotechnology company dedicated to advancing a new standard in respiratory critical care, today reports financial results for the first quarter ended March 31, 2012.  The Company will host a conference call this morning at 10:00 AM ET.  Conference call details are below.

Key financial information includes:

  • For the first quarter of 2012, the Company reported an operating loss of $6.6 million compared with an operating loss of $6.1 million for the comparable period in 2011.  Operating cash outflows before financing activities were $5.7 million for the first quarter of 2012.
  • As of March 31, 2012, the Company had cash and cash equivalents of $54.8 million.  In the first quarter 2012, the Company received net proceeds of approximately $50.3 million from offerings of common stock and the exercise of warrants to purchase shares of common stock.  Currently, there are warrants outstanding to purchase 2.8 million shares of common stock at an exercise price of $2.94 which expire on May 22, 2012.  If the price of the Company's common stock should be above $2.94 and if holders determine in their discretion to exercise these warrants, the Company could potentially realize up to an additional $8.1 million in proceeds.
  • With receipt in the first quarter of 2012 of both U.S. regulatory approval of SURFAXIN® (lucinactant)  and U.S. marketing clearance for the initial AFECTAIR® device, the Company is implementing its plans to build U.S. commercial and medical affairs capabilities, and to advance its SURFAXIN LS™ and AEROSURF® pipeline programs.  The Company anticipates operating cash outflows before financing activities of $8.5 - $9.0 million for the second quarter of 2012,
    '/>"/>

  • SOURCE Discovery Laboratories, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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

    Related biology technology :

    1. Genomic Health and OncoMed Announce Strategic Alliance for Biomarker Research and Discovery Using Next Generation Sequencing
    2. AnaptysBio Announces Antibody Discovery Partnership With Gilead Sciences
    3. UWM discovery advances graphene-based electronics
    4. Mars, Incorporated Answers Question: How Does Feeding People and Pets Nurture Science and Discovery? At TEDMED 2012
    5. AlphaBio Centrix, LLC Announces a New Discovery for Programming Energetic Patches
    6. Discovery in Nature elucidates immune cells in skin and supports novel vaccine approach
    7. Thomson Reuters Cortellis Drives Drug Discovery and Development With Powerful New Web Services
    8. Discovery opens door to low-cost negative refraction, new products and industries
    9. AnaptysBio Announces New Strategic Antibody Discovery
    10. Thomson Reuters Research Forecasts the Onset of the Targeted Drug Discovery Era
    11. Discovery of a dark state could mean a brighter future for solar energy
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/20/2014)... High performance computing (HPC) will ... complete climate and Earth system model to address ... , Eight national laboratories, including Lawrence Livermore ... for Atmospheric Research, four academic institutions and one ... national laboratories include Argonne, Brookhaven, Lawrence Berkeley, Los ...
    (Date:8/20/2014)... , Aug. 20, 2014  PAREXEL International Corporation ... will be presenting at the Baird Healthcare Conference in ... and Chief Financial Officer, will be making a presentation ... EDT on Wednesday, Sept. 3, 2014. A ... the "Investors" section of PAREXEL,s website at www.PAREXEL.com ...
    (Date:8/20/2014)... Toronto, Canada (PRWEB) August 20, 2014 ... wisdom that E&L studies should be performed late in ... system is known. But current regulatory trends suggest that, ... are on the rise. In recent years, multiple drug ... E&L packages or address specific questions during phase I/II. ...
    (Date:8/20/2014)... your ear could improve the health of your heart, ... of Leeds used a standard TENS machine like those ... to the tragus, the small raised flap at the ... ear canal. , The stimulation changed the influence of ... nervous signals that can drive failing hearts too hard. ...
    Breaking Biology Technology:New Project Is the ACME of Addressing Climate Change 2New Project Is the ACME of Addressing Climate Change 3PAREXEL International To Present At Baird Healthcare Conference 2Are Extractable and Leachables going Phase-Appropriate? New Webinar Hosted by Xtalks 2'Tickling' your ear could be good for your heart 2
    ... Abstract , ... become a standard for many biological assays such as high ... high volume procedures has been limited by the amount of ... microplate assays can be efficiently counted in microplates with the ...
    ... The DELFIA time-resolved fluorescence assay for inhibition of poly(ADP-ribose) ... the inhibition of PARP-activated incorporation of biotinylated nicotinamide adenine ... The method is a convenient way to screen test ... and secondary screening. , ...
    ... applications, in optoelectronics, ... and sources of laser light. For example, alloyed CdSeTe QDs are shown, ... a nonlinear change in their photoluminescence spectra, ... Spex ...
    Cached Biology Technology:Counting Non-Aqueous Samples in the TopCount Microplate Scintillation and Luminescence Counter 2Counting Non-Aqueous Samples in the TopCount Microplate Scintillation and Luminescence Counter 3Counting Non-Aqueous Samples in the TopCount Microplate Scintillation and Luminescence Counter 4Counting Non-Aqueous Samples in the TopCount Microplate Scintillation and Luminescence Counter 5A DELFIA Assay for Inhibition of PARP 2A DELFIA Assay for Inhibition of PARP 3Photoluminescence Spectroscopy of Quantum Dots, monitored by the Spex FluoroMax 2Photoluminescence Spectroscopy of Quantum Dots, monitored by the Spex FluoroMax 3Photoluminescence Spectroscopy of Quantum Dots, monitored by the Spex FluoroMax 4
    (Date:8/19/2014)... biomarker strongly associated with basal-like breast cancer, a ... types of chemotherapy. The biomarker, a protein called ... designed to treat this often deadly cancer. , ... Cancer Genome Atlas, molecular biologists Curt M. Horvath ... bioinformatics techniques to detect patterns of gene expression ...
    (Date:8/19/2014)... -- ( Aug. 19, 2014 ) -- Scientists at ... to pick up and transfer single cells using a ... slightly. They describe this engineering feat and preliminary test ... of the American Chemical Society . , "Studying single ... in current biomedical research," said nanomedicine department. faculty member ...
    (Date:8/19/2014)... science courses are increasingly being asked to analyze ... a new textbook to help them do so., ... by Princeton Press and co-authored by scientists at ... (NIMBioS), teaches readers about basic mathematical and statistical ... explain biological phenomena. , Suitable for entry-level students ...
    Breaking Biology News(10 mins):Biomarker in an aggressive breast cancer is identified 2Biomarker in an aggressive breast cancer is identified 3Moving single cells around -- accurately and cheaply 2New textbook introduces undergraduates to mathematics for the life sciences 2
    ... contribute to the greenhouse gas emissions that are causing climate change. ... How we travel, what we eat, what we consume and what ... our carbon footprint . How, though, do we measure ... to find out on April 26, when Louis S. Santiago ...
    ... children in the United States are obese, and in inner-city ... diets and physical inactivity are the main culprits, there is ... A study by Columbia University,s Mailman School of Public ... to higher concentrations of chemicals called polycyclic aromatic hydrocarbons, or ...
    ... of the most common types of human leukemia may ... to new research led by physician-scientists at the University ... Cancer Center. Published this week in the journal ... in the FLT3 gene as targets for acute myeloid ...
    Cached Biology News:Measuring our carbon footprint 2Prenatal exposure to air pollution linked to childhood obesity 2Prenatal exposure to air pollution linked to childhood obesity 3An Achilles heel of AML 2An Achilles heel of AML 3
    ... routine agarose gel electrophoresis into an automated, ... This bufferless, pre-cast system is ideal for ... digests, and more. Fully automated, robot-compatible, and ... 96 system makes your high-throughput screening assignments ...
    SpectroQuest single beam 4nm UV/Vis spectrophotometer; stand-alone unit; large angled LCD screen; large sample compartment...
    ... PCR Cloning Kit, 40 reactions. Optimized ... of all PCR products with blunt ... approaches by offering consistently better signal-to-noise ... more positive clones.Amplicons generated by proof-reading ...
    ... Clone/PAD: ZMD.368. Immunogen: Synthetic ... of the human WNT2B/WNT13 protein. ... human mouse and rat WNT2B/WNT13 proteins. ... isoforms. Reactivity: Mouse Human Rat ...
    Biology Products: