Navigation Links
Ondine Biopharma Announces Second Quarter 2008 Financial Results
Date:8/14/2008

VANCOUVER, Aug. 14 /PRNewswire-FirstCall/ - Ondine Biopharma Corporation (the "Company" or "Ondine", TSX: OBP; AIM: OBP) a medical technology company developing photodisinfection based products, today announced its financial results for the second quarter ended June 30, 2008.

"During the past quarter we made significant regulatory and clinical progress with our photodisinfection technology and we are leveraging our successes to advance discussions with prospective strategic partners," stated Carolyn Cross, Ondine's President & CEO, "We also took steps to build on our technology as we see the opportunity to address many unmet medical needs with our photodisinfection platform. Accordingly, having validated Periowave (TM) in the Canadian dental market, we are refocusing our resources on new product development and obtaining appropriate strategic partners for the commercialization and co-development of our photodisinfection-based product pipeline."

2008 Second Quarter Results and Recent Developments

FINANCIAL RESULTS

For the quarter ended June 30, 2008 (the "Second Quarter of 2008"), the Company recorded a loss of $2.43 million or $0.04 per common share compared with a loss of $3.79 million or $0.07 per common share during the quarter ended June 30, 2007 (the "Second Quarter of 2007"). For the six months ended June 30, 2008 (the "First Half of 2008"), the Company recorded a loss of $4.9 million or $0.08 per common share compared with a loss of $7.24 million or $0.13 per common share during the six months ended June 30, 2007 (the "First Half of 2007"). Product sales of our laser base stations and treatment kits during the Second Quarter of 2008 amounted to $0.26 million with a gross margin of $0.18 million (69.8%) compared to product sales of $0.51 million and a gross margin of $0.23 million (45.6%) during the Second Quarter of 2007. Product sales of our laser base stations and treatment kits during the First Half of 2008 amounted
'/>"/>

SOURCE Ondine Biopharma Corporation
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related biology technology :

1. Ondine to Present at Canaccord Adams 28th Annual Global Growth Conference
2. Ondine Announces Publication of Positive Results from Pseudomonas aeruginosa Eradication Study
3. China Biopharmaceuticals Holdings Announces Second Quarter 2007 Financial Results
4. XTL Biopharmaceuticals Announces Financial Results for the Six Months Ended June 30, 2007
5. PDL BioPharma Announces Internal CEO Investigation Found No Credible Evidence of Improper Personal Conduct or Breach of Fiduciary Duty
6. Nabi Biopharmaceuticals to Present at Upcoming Industry Conferences
7. PDL BioPharma Announces Significant Strategic and Portfolio Changes to Focus on Antibody Discovery and Development
8. XTL Biopharmaceuticals Announces Presentation of Novel Pre-Clinical Inhibitors of Hepatitis C at an Upcoming International Scientific Conference
9. XTL Biopharmaceuticals Initiates Phase IIb Clinical Trial of Bicifadine for the Treatment of Diabetic Neuropathic Pain
10. Nabi Biopharmaceuticals Announces Sale of Nabi Biologics to Biotest AG
11. Keryx Biopharmaceuticals to Present at Bank of America Investment Conference

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/1/2009)...wswire/ -- Reportlinker.com announces that a new m...e: ,, Industrial Enzymes - A Global Market Rep...ndustrial-Enzymes---A-Global-Market-Report.html ,...h few strong players and a host of small suppliers...ion and commoditization characterize the industry....
(Date:12/1/2009).... 1 To address the emergence of th...tential, a group of individuals and companies anno...try Association (SynBIA) in Cambridge, Massachuset...ovide a forum for individuals and commercial inter...rtunities and its challenges, and advocate for its...
(Date:12/1/2009)...Newswire/ -- Expanding its European reach for bact...a has appointed Lake Chemicals and Minerals of Eng... Birmingham, England. ,, Osprey breeds trillio...ural, waste water, and environmental markets. Its ...ields, and clean up industrial and marine spills. ...
(Date:12/1/2009)...el storage is now available to small and medium si...k. , (PRWEB) December 1, ... medical imaging software company, announced the r...vice. The PacsDrive service enables small and medi... medical imaging in compliance with HIPAA regulati...
Breaking Biology Technology:Reportlinker Adds Industrial Enzymes - A Global Market Report 2Reportlinker Adds Industrial Enzymes - A Global Market Report 3Reportlinker Adds Industrial Enzymes - A Global Market Report 4Reportlinker Adds Industrial Enzymes - A Global Market Report 5Reportlinker Adds Industrial Enzymes - A Global Market Report 6Reportlinker Adds Industrial Enzymes - A Global Market Report 7Reportlinker Adds Industrial Enzymes - A Global Market Report 8Reportlinker Adds Industrial Enzymes - A Global Market Report 9Reportlinker Adds Industrial Enzymes - A Global Market Report 10Industry Forms Association to Address Opportunities and Challenges of Synthetic Biology 2PacsDrive Announces Low Cost Medical Imaging Storage Service, Seeks to Alter Status Quo in Health Care IT 2
...nches Unique Online Configurator For the ... Sept. 24 Gore PharmBIO Products has,launched an ...l that,provides step-by-step instructions for desi...maceutical manufacturers., The GORE(TM) STA-PURE(...ocess industry. Available at http://www.gore.com/...
... SAN MATEO, Calif., Sept. 24 NeurogesX, Inc.,(Na... on developing and,commercializing novel pain mana...onded on schedule to the European Medicines Agency...ng Authorization Application (MAA) for,NGX-4010 in... NGX-4010 in peripheral neuropathic pain was accep...
...d Life Sciences,Holdings, Inc. (Nasdaq: ADLS ) wi...Time on Wednesday, October 1, 2008 to provide an u...rence Call Details, The conference call will be w...st, visit the Investor Relations section of the Ad...www.advancedlifesciences.com . Alternatively,inves...
Other Biology Technology:Gore's Legacy of Innovation Extends From Products to Processes 2Gore's Legacy of Innovation Extends From Products to Processes 3NeurogesX Responds to EMEA's Day 120 Questions 2NeurogesX Responds to EMEA's Day 120 Questions 3Advanced Life Sciences to Host Conference Call to Update Investors on Progress of Corporate Initiatives on October 1, 2008 2
(Date:12/2/2009)... 2, 2009 Commonly prescribed beta 2 adrenergic ag...t women as well as pre-term labor may increase the...ic pathology, cognitive problems and poor school p...tudy published in the December 2009 issue of the ...Beta 2 adrenergic agonist drugs as a class are wid...
(Date:12/1/2009)...kes National Primate Research Center, Emory Univer...enic prairie voles, an important step toward unloc...ure application of this technology will enable sci... that will help identify the brain mechanisms of s...This advancement may also have important implicati...
(Date:12/1/2009)...tate University cancer researchers have developed ...or cells and blocks the growth of new tumor blood ...igned to kill cancer cells oncolytic viruses mig...rs if they also carry a gene for a protein that in... vasculostatin, is normally produced in the brain....
Breaking Biology News(10 mins):Treatments for asthma and pre-term labor may increase risk of autism in developing fetus 2Yerkes researchers create first transgenic prairie voles 2Tumor-attacking virus strikes with 'one-two punch' 2Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 1Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 2Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 3Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 4Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 5Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 6Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 7Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 8Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 9Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 10Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 11Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 12Reportlinker Adds Medical Devices 26amp 3B Equipment in India 282009 29 5714 13MedPlus Maintains Top Ranking in KLAS Industry Report 5710 1MedPlus Maintains Top Ranking in KLAS Industry Report 5710 2MedPlus Maintains Top Ranking in KLAS Industry Report 5710 3MedPlus Maintains Top Ranking in KLAS Industry Report 5710 4Trubion Announces Upcoming Presentation at 8th Annual BIO Investor Forum 5706 1Trubion Announces Upcoming Presentation at 8th Annual BIO Investor Forum 5706 2
...led parents have wondered whether their teenagers ...t researchers have never really quite understood j... its optimal size and growth should cease. , Now U...ysiology of Drosophila melanogaster, the common fr...e size of the juvenile and signals when it has rea...
...ational group of researchers has characterized the...ave identified 141 distinct proteins, 99 of which ...rneas. The details of their findings appear in the...Proteomics, an American Society for Biochemistry a...transparent, dome-shaped window that covers the fr...
...t surge in the number of microbial genome sequence...g researchers to address interesting ecological qu...ionary, and ecological forces interact to define a...ennifer Wernegreen,s group from the Marine Biologi...scinating model for genome evolution in bacteria t...
Other Biology News:Researchers find gland that tells fruit flies when to stop growing 2Researchers find gland that tells fruit flies when to stop growing 3Scientists characterize proteome of human cornea 2Scientists characterize proteome of human cornea 3A bug's life: Exceptional genomic stability yet rapid protein evolution in a carpenter ant mutualist 2A bug's life: Exceptional genomic stability yet rapid protein evolution in a carpenter ant mutualist 3A bug's life: Exceptional genomic stability yet rapid protein evolution in a carpenter ant mutualist 4
...wide variety of environmental and pathophysiologic... family of proteins known as heat shock proteins (...e proteins (SRPs). The Hsp90 family of proteins i..., Grp94, and Trap-1 (Hsp75). It was found that hum...
...e PolarScreen Androgen Receptor (AR) Competitor As...for studying and screening potential AR ligands us...in rat AR ligand binding domain protein tagged wit...ective fluorescent androgen ligand (Fluormone AL G...
Custom LNA Oligonucleotide synthesis from Exiqon
...t better net results - with a modular approach to ...gement! The ChemStation Plus NDS family provides m... data acquisition and data management, giving you ... labs needs now and that can grow as your lab grow...
Biology Products: