Navigation Links
NeoStem Provides Second Quarter Update
Date:8/16/2010

NEW YORK, Aug. 16 /PRNewswire-FirstCall/ -- NeoStem, Inc. (NYSE Amex: NBS) ("NeoStem" or the "Company")  an international biopharmaceutical company with product and service revenues, global research and development capabilities and operations in three distinct business units, U.S. adult stem cells, China adult stem cells, and China pharmaceuticals is today providing results of its second quarter 2010.

Second Quarter Results

  • Quarterly revenues were $19.4 million, up 26% compared to the pro forma results from the same period in 2009, and 23% higher than the first quarter of 2010.  The Company experienced a 25% increase in revenue in the first half of 2010 compared to the pro forma revenue results from the first half of 2009.
  • The Company had cash and cash equivalents of approximately $11 million at June 30, 2010.
  • Net cash used in operating activities for the second quarter was $842,000.
  • During the first half of 2010, the Company invested $8.6 million in capital expenditures related to our continuing expansion into China.

  • Erye began relocation of its operations to its new state-of-the-art manufacturing facility in early 2010 with the first of the State Food and Drug Administration (SFDA) approvals of four production lines at the new plant.  These production lines account for the manufacture of the materials for approximately 90% of last year's revenues. The expanded facility should enable Erye to increase its production capacity to respond to forecasted rising demand in China's growing pharmaceutical market with the expectation of stronger sales as 2010 unfolds.  Erye's development pipeline continues to advance, including SFDA approval to manufacture the sterile active pharmaceutical ingredient of the anti-infective cloxacillin sodium and proton pump inhibitor omeprazole announced earlier this year  for which c
    '/>"/>

    SOURCE NeoStem, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4

    Related biology technology :

    1. Suzanne Somers, Renowned Author, Medical Advocate, and Official Spokesperson for NeoStem, Inc., Inspires the Audience on The Ellen Degeneres Show
    2. NeoStem Secures $250,000 in an Above Market Financing and Expands Its Relationship With New England Cryogenic Center, Inc.
    3. NeoStem, Inc. to Enter the Regenerative Medicine Market in Asia
    4. NeoStem Completes $500,000 Private Placement With Strategic Investor
    5. NeoStems New York City Adult Stem Cell Collection Center Has Opened and Begun Collections
    6. NeoStem Receives Notice of Noncompliance from NYSE Alternext US
    7. NeoStem Obtains Exclusive Worldwide License to Innovative Stem Cell Technology and Applications for Anti-Aging Skin Rejuvenation Therapies
    8. NeoStem Expands Stem Cell Collection Center Network Into New Jersey Led by Leading Plastic Surgeon and Anti-Aging Authority
    9. NeoStem Completes $11 Million Private Placement Financing to Support Expansion Activities in China, Further Development of NeoStems VSEL Technology and Advancement of Medical Tourism Initiatives
    10. NeoStem, Inc. Announces Agreement With Progenitor Cell Therapy, LLC
    11. NeoStem Obtains Exclusive Worldwide License for Innovative Stem Cell Technology and Applications to Heal Chronic Wounds
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/29/2015)... , May 29, 2015  Caris Life Sciences® ... studies in which researchers utilized Caris Molecular Intelligence®, ... identify potential therapeutic targets in patients with colorectal ... the programmed cell death protein 1 (PD-1) and ... 1 at the 2015 American Society of Clinical ...
    (Date:5/29/2015)... May 28, 2015 Research and Markets ... Jain PharmaBiotech,s new report "Cytogenetics - Technologies, ... This report deals with cytogenetics in a ... to describe the chromosome structure and identify abnormalities ... biology, it is also referred to as molecular ...
    (Date:5/29/2015)... 29, 2015 Results from a Phase ... and its ability to reduce the size of melanoma ... published in the Journal of Clinical Oncology. , ... IIIB, IIIC and IV melanoma, a potentially fatal form ... was to evaluate the safety and efficacy of the ...
    (Date:5/29/2015)... Worth, Texas (PRWEB) May 29, 2015 Translation ... grow. This is for a good reason--if used in a ... wonders for the offering of a business product or service ... which translation can have a positive effect on a company's ... or service that anyone in the world can use, why ...
    Breaking Biology Technology:Multi-Platform Molecular Profiling from Caris Life Sciences Identifies Clinically Actionable Targets for Novel Immunotherapy Drugs 2Multi-Platform Molecular Profiling from Caris Life Sciences Identifies Clinically Actionable Targets for Novel Immunotherapy Drugs 3Multi-Platform Molecular Profiling from Caris Life Sciences Identifies Clinically Actionable Targets for Novel Immunotherapy Drugs 4Global Cytogenetics Market Report 2015-2024 - Technologies, Markets and Companies 2Global Cytogenetics Market Report 2015-2024 - Technologies, Markets and Companies 3Study Published in Journal of Clinical Oncology Reports Talimogene Laherparepvec Improvesdurable Responses in Patients with Advanced Melanoma 2Three Ways Translation Can Help Businesses Grow 2
    ... Gentiva Health Services, Inc. (Nasdaq: GTIV ... services, announced today that it has scheduled a conference call ... ET to provide an update on its 2011 outlook. Gentiva ... 16 before pre-market trading. The December 16, 2010 ...
    ... microbiologists Derek Lovley, Zarath Summers and colleagues report in ... they have discovered a new cooperative behavior in anaerobic ... important implications for the global carbon cycle and bioenergy. ... in this case two Geobacter species, can form direct ...
    ... Dec. 2, 2010 Sigma Life Science, the innovative ... (Nasdaq: SIAL ), today announced that its ... CompoZr zinc finger nuclease (ZFN) technology – takes the ... Top Ten Innovations for 2010. This latest award continues ...
    Cached Biology Technology:Gentiva® Health Services Schedules 2011 Outlook Conference Call and Webcast for Thursday, December 16, 2010 2Gentiva® Health Services Schedules 2011 Outlook Conference Call and Webcast for Thursday, December 16, 2010 3Great balls of evolution: UMass microbiologists evolve microorganisms to cooperate in new way 2Great balls of evolution: UMass microbiologists evolve microorganisms to cooperate in new way 3Sigma® Life Science Awarded Silver in Top Ten Innovations 2010 2Sigma® Life Science Awarded Silver in Top Ten Innovations 2010 3Sigma® Life Science Awarded Silver in Top Ten Innovations 2010 4
    (Date:5/22/2015)... Inc. (NASDAQ: NXTD ) ("NXT-ID" or the "Company") announces ... pricing and making the Wocket generally available for $229 via ... of Marketing said, "We,ve extended the opportunity to take advantage ... To get your wocket at this special price, submit your ... June 1, you,ll receive a unique code that gives you ...
    (Date:5/21/2015)... , May 21, 2015 ... Imaging Market by Solutions (Hardware, Software, Services), by Applications ... & others), by End-Users (Military & Defense & ... MarketsandMarkets, Thermal Imaging Market is expected to grow ... by 2020, at a Compound Annual Growth Rate ...
    (Date:5/20/2015)... DUBLIN , May 20, 2015 ... Markets ( http://www.researchandmarkets.com/research/h8t4x6/5year ) has announced the ... of the Global Iris Recognition Market" ... http://photos.prnewswire.com/prnh/20130307/600769) , ,This research service analyses ... across the government and commercial sectors, ...
    Breaking Biology News(10 mins):NXT-ID, Inc Announces Retail Price For Wocket Smart Wallet And Extends Discounted Promotional Price Till End Of May 2NXT-ID, Inc Announces Retail Price For Wocket Smart Wallet And Extends Discounted Promotional Price Till End Of May 3Thermal Imaging Market Worth $9,998.9 Million by 2020 2Thermal Imaging Market Worth $9,998.9 Million by 2020 3Thermal Imaging Market Worth $9,998.9 Million by 2020 4Global Iris Recognition Market Report 2015 - 5-Year Opportunity Analysis 2
    ... is not the amphibian killer scientists once suspected. Naturally ... eggs in the shade keep embryos of one of the ... of the time, new research shows. Less than 2 percent ... of UV across 22 breeding sites across nearly 8 square ...
    ... Ohio Scientists have caught male topi antelopes in the act ... way to improve their chances of having sex. The male ... predator is nearby only when females in heat are in their ... the territory long enough for some males to fit in a ...
    ... that T helper-type 1 (Th1) cells, previously thought to ... immune encephalomyelitis (EAE), a mouse model of multiple sclerosis ... by Wildbaum et al, "Antigen-specific CD25 - Foxp3 - ... T cells restrain the development of experimental allergic encephalomyelitis ...
    Cached Biology News:Ultraviolet radiation not culprit killing amphibians, research shows 2Ultraviolet radiation not culprit killing amphibians, research shows 3Male antelopes trick females into extra sex opportunities 2Male antelopes trick females into extra sex opportunities 3When helper cells aren't helpful 2
    ... Fiberboard boxes are ideal for use in refrigerators, freezers, ... racks. Four vibrant colors allow for color coding to ... liquid nitrogen drainage or promote cool air circulation. Supplied ... holds 100 tubes. Box dimensions: 13 x ...
    RABBIT ANTI BACTERIAL HISTIDASE...
    REGULATED IN DEVELOPMENT AND DNA DAMAGE RESPONSES 1,HIF-1 responsive RTP801...
    Homo sapiens HCLS1 associated protein X-1 Antigen: Recombinant Protein...
    Biology Products: