Navigation Links
Inverness Medical Innovations Announces Second Quarter 2008 Results
Date:7/29/2008

the first six months of 2008 and 2007

GAAP results, respectively. The $39.9 million charge for the six months

ended June 30, 2008 included $14.5 million charged to cost of sales, $6.6

million charged to research and development, $6.2 million charged to

selling, general and administrative, $6.6 million charged to interest

expense and $6.0 million charged through equity earnings of unconsolidated

entities, net of tax. The $1.0 million charge for the six months ended

June 30, 2007 was charged to selling, general and administrative. These

charges have been excluded from net income or loss because they have a

significant impact on results yet do not occur on a consistent or regular

basis in the Company's business.

(d) Compensation costs of $12.7 million and $48.9 million associated with

stock-based compensation expense in the first six months of 2008 and 2007

GAAP results, respectively, including $0.6 million and $0.2 million

charged to cost of sales, $2.3 million and $0.7 million charged to

research and development and $9.8 million and $48.0 million charged to

selling, general and administrative. The $48.0 million charged to

selling, general and administrative during the six months ended June 30,

2007 includes $45.2 million of costs associated with stock option

acceleration and conversion in connection with our acquisition of Biosite,

Inc.

(e) A write-off in the amount of $2.0 million and $1.2 million during the

six months ended June 30, 2008 and 2007, respectively, relating to

inventory write-ups recorded in connection with the acquisitions of Panbio

Limited and BBI Holdings Plc. during the first quarter of 2008 and

Biosite, Inc during the second quarter of 2007.

(f) Charges totaling $15.6 million associated with the write-off of debt

origination costs and a prepayment premium paid upon early extinguis
'/>"/>

SOURCE Inverness Medical Innovations, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related biology technology :

1. Inverness Medical Innovations Agrees to Acquire Panbio Ltd.
2. Inverness - Chemogen Establish Exclusive License for TB Antibodies
3. Inverness Medical Innovations Announces Proposed Public Offering of Common Stock
4. Inverness Medical Innovations Agrees to Acquire ParadigmHealth
5. Inverness Medical Innovations Acquires ParadigmHealth
6. Inverness Medical Innovations to Participate at JP Morgan Healthcare Conference on January 8, 2008
7. Inverness Medical Innovations to Participate at 2008 Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference on February 5, 2008
8. Correction to Press Release Dated January 31, 2008: Inverness Medical Innovations to Participate at 2008 Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference on February 5, 2008
9. Inverness Medical Innovations Completes Acquisition of BBI Holdings Plc
10. Inverness Medical Innovations Announces Fourth Quarter 2007 Results
11. Inverness Medical Innovations to Participate at Bank of America 2008 Smid Cap Conference on March 26, 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2014)... The Collaborative R&D Terms and ... comprehensive understanding and unprecedented access to the collaborative ... worlds leading life science companies. , The report ... and why companies enter collaborative R&D deals. , ... deals terms provides critical insight into the negotiation ...
(Date:8/31/2014)... (PRWEB) September 01, 2014 Available ... lighting needs for research and cultivation of a ... by Valoya’s proprietary LEDs with proven patented and ... ensures uncompromised light uniformity in critical applications in ... white LEDs. , “Our customers have a large ...
(Date:8/31/2014)... (PRWEB) August 31, 2014 This ... current state of the Epoxy Hardener industry ... basic overview of the industry, including definitions, applications ... Chinese domestic market analysis are provided with a ... of the market. A comparison between the international ...
(Date:8/29/2014)... 2014  Pfenex Inc. (NYSE MKT: PFNX), a ... high-value and difficult to manufacture proteins including biosimilar ... financial results for the second quarter ended June ... of our initial public offering, we have the ... candidates, derived from our proprietary protein expression platform," ...
Breaking Biology Technology:Collaborative R&D Terms & Agreements in Pharma, Biotech and Diagnostics Industry Analysis, Size, Share, Growth, Trends And Forecast Research Report by Researchmoz.us 2Collaborative R&D Terms & Agreements in Pharma, Biotech and Diagnostics Industry Analysis, Size, Share, Growth, Trends And Forecast Research Report by Researchmoz.us 3Collaborative R&D Terms & Agreements in Pharma, Biotech and Diagnostics Industry Analysis, Size, Share, Growth, Trends And Forecast Research Report by Researchmoz.us 4Epoxy Hardener Industry Development Trends in Global & China Regions Now Available at ReportsnReports.com 2Epoxy Hardener Industry Development Trends in Global & China Regions Now Available at ReportsnReports.com 3Pfenex Reports Second Quarter 2014 Results and Provides Business Update 2Pfenex Reports Second Quarter 2014 Results and Provides Business Update 3Pfenex Reports Second Quarter 2014 Results and Provides Business Update 4Pfenex Reports Second Quarter 2014 Results and Provides Business Update 5Pfenex Reports Second Quarter 2014 Results and Provides Business Update 6Pfenex Reports Second Quarter 2014 Results and Provides Business Update 7Pfenex Reports Second Quarter 2014 Results and Provides Business Update 8
... utilizing targeted direct-mail marketing, Middleton-based Customer Potential ... health care provider unexpected returns: Forty-six patients for ... and $152,944 net profit. CPM is a provider ... ,With advancements in variable digital imaging and predictive ...
... Inc. , a Madison-based provider of managed Internet network ... funding from First Analysis , Argentum Group ... will be used to expand the companys sales and ... ,The demand for managed network security is growing dramatically ...
... in the air and we are emerging into the second week ... and say whether this will be a good or bad year ... significant activities have already taken place that impact the land of ... the last two weeks has approved not one but two new ...
Cached Biology Technology:Biotech 2004: Cautious optimism 2Biotech 2004: Cautious optimism 3
(Date:9/2/2014)... contain essentially the same DNA sequence their genetic ... of cells in the different parts of the body ... same construction master plan, an additional regulatory layer exists ... are active. This mechanism involves modifications of genome-bound histone ... (e.g. methylation). It acts on top of the genetic ...
(Date:9/2/2014)... in the September issue of The FASEB ... strategy to diagnose the leading cause of blindness ... has occurred. This advance involves quantifying the early ... of retinal vessels. Using new probes developed by ... molecular development of diabetic retinopathy. , "My goal ...
(Date:9/2/2014)... 2014 A study published in the September ... American Academy of Child and Adolescent Psychiatry ... psychiatric diagnosis had an increased risk of developing ... Using data from the nationwide Danish registers, a ... Nielsen, Psychiatry, Aalborg University Hospital, Denmark, studied 48,299children ...
Breaking Biology News(10 mins):Throwing a loop to silence gene expression 2Molecular probes permit doctors to detect diabetic retinopathy before vision fails 2Risk of diabetes in children and adolescents exposed to antipsychotics 2
... Engineers like to make things that work. And if ... size of proteins, antibodies, and virusesmimicking the behavior of ... carry an enormous amount of information in a very ... computation and neutral systems, and bioengineering, explains, "I tend ...
... DURHAM, N.H. New research from Plymouth State University ... and bleeding horseshoe crabs for biomedical purposes causes short-term ... the crabs, population decline in parts of the east ... harvests the blue blood from almost half a million ...
... from natural disasters usually means rebuilding infrastructure and reassembling ... heal, too, and scientists are pioneering new methods to ... epicenter of China,s devastating Wenchuan earthquake in 2008 was ... biodiversity hotspot and home to the beloved and endangered ...
Cached Biology News:Building artificial cells will be a noisy business 2Building artificial cells will be a noisy business 3Biomedical bleeding affects horseshoe crab behavior 2Biomedical bleeding affects horseshoe crab behavior 3Gauging what it takes to heal a disaster-ravaged forest 2
...
... Triple-angle light scattering detector for ... digital signal processing hardware for two ... UV detectors. Also contains an analog ... interfacing to strip chart recorders. Includes ...
... The FDSS6000 System is an ... assays, assay development and high throughput ... and luminescence modalities., The Hamamatsu light ... highlight our companys decades-long experience in ...
... Experion StdSens reagents and supplies, ... and supplies sufficient to perform standard-sensitivity ... chips on the Experion automated electrophoresis ... gel, 20 microliters RNA StdSens stain, ...
Biology Products: