Navigation Links
Metabolix Announces Second Quarter 2014 Financial Results
Date:8/6/2014

CAMBRIDGE, Mass., Aug. 6, 2014 /PRNewswire/ -- Metabolix, Inc. (NASDAQ: MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics and chemicals industries, today reported financial results for the three months ended June 30, 2014.

"As announced earlier this week, we have entered into a private placement agreement for $25 million of new equity financing, contingent upon obtaining a financial viability exception for the transaction from NASDAQ. Assuming we get the NASDAQ exception, we plan to deploy this capital to continue executing our business plan and building an intermediate-scale specialty polymers business based on our PHA biopolymer additives, that will serve as the foundation for our longer-range plans and the future growth of our business," said Joseph Shaulson, president and CEO of Metabolix.

"Operationally, we made good progress during the second quarter, as key customers ramped up commercial-scale trials of our PHA biopolymer products and we increased our pipeline of customers testing products in a variety of applications," Shaulson continued. "In the past several months, we have seen increasing interest and engagement with potential customers in the areas of PVC, PLA, latex coatings and micropowders, which underscores the value proposition of our innovative PHA products.

"We remain focused on securing financing, building market demand for our PHA products, and on having manufacturing up and running in 2015 to support an intermediate-scale biopolymers business. Once the private placement is completed, we plan to move forward with a preliminary engineering study and implementation planning for the retrofit of an existing contract manufacturing facility we have targeted for commercial PHA production. Successful completion of this study will enable us to progress to a detailed budget, definitive schedule and commercial co
'/>"/>

SOURCE Metabolix, Inc.
Copyright©2014 PR Newswire.
All rights reserved

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

Related biology technology :

1. Metabolix, Inc. Enters into Private Placement Agreement with Investors to Raise $25 Million in Equity Financing
2. Metabolix Announces Third Quarter 2013 Financial Results
3. Metabolix Announces Second Quarter 2013 Financial Results
4. Metabolix Announces Promotion of Johan van Walsem to Chief Operating Officer
5. Metabolix Executives to Present at Leading Industry Conferences
6. Generex Announces Publication of AE37 Prostate Cancer Vaccine Study
7. Organovo Announces Appointment of Gregory T. Lucier as Corporate Advisor
8. Nerium International™ Expands to Mexico and Builds Executive Team, Top Skincare Company Announces Its Arrival in Mexico by October
9. HRTTreatments / Natural Health Research Announces New Intuitive Online Hormone Test, Allowing Clients to Evaluate Possible Hormone Imbalances Easily Online
10. Sangamo BioSciences Announces Presentation At The 2014 Wedbush Securities Life Sciences Management Access Conference
11. ViaDerma, Inc. Announces Strategic Partnership With The Brewer Group
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/7/2015)... -- SME,s Advanced Manufacturing Media is proud to announce the ... young men and women who have demonstrated leadership and ... Manufacturing Engineering magazine highlights these ... Among the standouts: Christopher Tyler , 28, who ... topology of flapping wing vehicles; Kathryn Tillery-Merk , ...
(Date:7/7/2015)... ... ... Since its inception in 2004 PhUSE has become the ... for European Statistical Programmers, has evolved in the past eleven years to a ... Managers and Biostatisticians all over the world, share, contribute and advance at various ...
(Date:7/6/2015)... ... July 06, 2015 , ... ... holds potential to reveal how blood flows in the brain during stroke, providing ... brain. , A new article published in the journal Neurophotonics describes ...
(Date:7/6/2015)... , July 6, 2015  Emdeon ... into a definitive agreement to acquire Altegra ... intervention platforms that combine data aggregation and ... capabilities to achieve actionable insights and improved ... combine Altegra Health,s risk adjustment and quality ...
Breaking Biology Technology:SME's Advanced Manufacturing Media Recognizes "30 Under 30" Future Leaders of Manufacturing 2SME's Advanced Manufacturing Media Recognizes "30 Under 30" Future Leaders of Manufacturing 3SME's Advanced Manufacturing Media Recognizes "30 Under 30" Future Leaders of Manufacturing 4SME's Advanced Manufacturing Media Recognizes "30 Under 30" Future Leaders of Manufacturing 5PhUSE Delighted to Welcome Member Number 5.000 2Reducing Stroke Damage May be Next Application for OCT Technology Now Widely Used in Eye and Vision Healthcare 2Reducing Stroke Damage May be Next Application for OCT Technology Now Widely Used in Eye and Vision Healthcare 3Emdeon to Acquire Altegra Health 2Emdeon to Acquire Altegra Health 3Emdeon to Acquire Altegra Health 4
... Bulletin Board: VSPC) announced today that it has planted 1.2 million ... IPA factory in Guangdong province in China. Giant King Grass ... rather than seeds. In tropical and subtropical areas such as ... to 156 tons of grass per acre per year. , ...
... , , TORONTO, Dec. 10 ... for the fiscal year ended September 30, 2008. Revenues from ... Inc.,s (TSX:MBX) late-stage pipeline opportunities which are expected to build ... William J. Gastle, CEO of the Company. , ...
... PPHM ) today announced that it has entered ... proceeds. The initial funding of $5 million is expected ... agreement includes an option to acquire a second $5 million ... . MidCap Financial LLC and BlueCrest Capital Finance, ...
Cached Biology Technology:VIASPACE Plants Biofuel & Animal Feed Grass and Signs Land Lease in China 2VIASPACE Plants Biofuel & Animal Feed Grass and Signs Land Lease in China 3Microbix Uses Core Business Cashflow To Fund Late-Stage Pipeline To Build Shareholder Value In 2009 2Microbix Uses Core Business Cashflow To Fund Late-Stage Pipeline To Build Shareholder Value In 2009 3Microbix Uses Core Business Cashflow To Fund Late-Stage Pipeline To Build Shareholder Value In 2009 4Peregrine Pharmaceuticals Enters Into a Loan Agreement for up to $10 Million 2Peregrine Pharmaceuticals Enters Into a Loan Agreement for up to $10 Million 3Peregrine Pharmaceuticals Enters Into a Loan Agreement for up to $10 Million 4
(Date:6/17/2015)... GERMANTOWN, Maryland , June 17, 2015 /PRNewswire/ ...   Produktlinie mit DNA-Tests verbessert den Analyseprozess und senkt ... ; Frankfurt Prime Standard: QIA) hat heute in den ... Investigator ® für die ... neuen Kits zur Erstellung genetischer Fingerabdrücke bieten eine integrierte ...
(Date:6/16/2015)... 16, 2015  With the increasing number and severity ... top concern. The recent compromise of Federal employee ... strong authentication within government agencies. HYPR Corp. ... password (OTP) authenticator, has been submitted for testing and ... 3 validation for tamper proofing. The ...
(Date:6/15/2015)... OXFORD, Conn. , Jun. 15, 2015 NXT-ID, Inc. ... authentication company focused on the growing mobile commerce market, announces ... will be showcased to media at Digital Experience! @ NYC ... annual summer showcase of the latest innovation in technology to ... event will be held at the Metropolitan Pavilion in ...
Breaking Biology News(10 mins):QIAGEN bringt in den USA neue Kits für die forensische DNA-Analyse auf den Markt 2QIAGEN bringt in den USA neue Kits für die forensische DNA-Analyse auf den Markt 3QIAGEN bringt in den USA neue Kits für die forensische DNA-Analyse auf den Markt 4QIAGEN bringt in den USA neue Kits für die forensische DNA-Analyse auf den Markt 5QIAGEN bringt in den USA neue Kits für die forensische DNA-Analyse auf den Markt 6Government Ready Biometric Security Approaching as HYPR Corp. Files FIPS 140-2 Level 3 Validation for Its Proprietary Biometric Token 2Government Ready Biometric Security Approaching as HYPR Corp. Files FIPS 140-2 Level 3 Validation for Its Proprietary Biometric Token 3Wocket Smart Wallet Exhibiting at Pepcom Digital Experience! @ NYC June 18th 2Wocket Smart Wallet Exhibiting at Pepcom Digital Experience! @ NYC June 18th 3
... a gene controlling whether blood vessels differentiate into arteries ... vascular disorder in the brain that causes stroke. ... new findings are the first to provide information on ... disorder, known as BAVM, and to provide molecular clues ...
... studying the complex ocean upwelling process by mimicking nature ... Pacific Ocean and releasing it into surface waters near ... support high biological production. The researchers are harnessing ... using the up-and-down motion of waves to pump deep ...
... established a way to predict outbreaks of cholera, making ... model to predict and potentially control outbreaks of other ... water-borne infectious disease, which is an unpredictable and severe ... Vibrio cholerae, has a known association with ...
Cached Biology News:Gene is likely cause of stroke-inducing vascular malformations 2Gene is likely cause of stroke-inducing vascular malformations 3Complex ocean behavior studied with 'artificial upwelling' 2Complex ocean behavior studied with 'artificial upwelling' 3Complex ocean behavior studied with 'artificial upwelling' 4
... routine binary separations. Excellent detection is provided ... variable wavelength detector. Ultra-fine control of the ... highly accurate and precise, high pressure dual piston ... may be plotted on a printer or an ...
... Human Raji cells were cultured in RPMI 1640 ... the log phase of growth. In order ... cells were fixed in acetone-methanol. The cells ... coated slide, with each wells surface specifically treated ...
Mouse polyclonal antibody to REXO4 - XPMC2 prevents mitotic catastrophe 2 homolog (Xenopus laevis)...
... StabilCoat Plus Microsphere/Microarray Stabilizer is an ... protein and other non-toxic chemicals in a ... 7.4. This product contains a ... as a preservative. StabilCoat Plus Stabilizer ...
Biology Products: