Navigation Links
Optimer Pharmaceuticals Reports Second Quarter 2012 Financial Results

SAN DIEGO, July 31, 2012 /PRNewswire/ -- Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) today announced the Company's financial results for the quarter ended June 30, 2012.


Second Quarter 2012 Financial Highlights:

  • DIFICID® second quarter gross sales of $18.0 million and net sales of $15.2 million, represent increases of 9% and 6% over the first quarter, respectively
  • DIFICID ex-wholesaler treatments shipped in the second quarter to hospitals, retail pharmacies and long-term care facilities increased by 11%
  • Surpassed the first-year net sales goal established with Cubist, triggering a $5 million milestone payment due to Cubist
  • Total revenues were $49.8 million, including $19.9 million for partnering with Astellas in Japan and a $12.6 million milestone from Astellas Pharma Europe for the launch of DIFICLIR™ in the EU
  • Cash, cash equivalents and short-term investments at June 30 totaled $130.6 million
  • Net loss for the second quarter was $296,000, or $0.01 per share

    "July marked the one-year anniversary of the launch of DIFICID, and we are very proud of our accomplishments. We've generated $51.1 million in net sales and shipped almost 21,000 treatments of DIFICID since launch through the end of June this year," stated Pedro Lichtinger, President and Chief Executive Officer of Optimer. "Both demand for, and access to, DIFICID continue to grow, as scientific and health economic understanding is being expanded through more than 90 publications to date. We are confident in DIFICID's potential to meet our expectations in 2012 and also maintain expectations for reaching break-even within 3 years of launch."

    Financial Overview
    Total revenues for the thr

    SOURCE Optimer Pharmaceuticals, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

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

    Related biology technology :

    1. MAP Pharmaceuticals, Inc. Announces Proposed Public Offering of Common Stock
    2. Global Biopharmaceuticals Market 2011-2015
    3. Patient Advocate Foundation and Jazz Pharmaceuticals Announce Partnership for Narcolepsy CareLine
    4. Convergence Pharmaceuticals Announces Successful Completion of Phase I for CNV2197944 and Plans Phase II Studies in Neuropathic Pain
    5. Oramed Pharmaceuticals Granted 2nd Patent in New Zealand; 3rd Patent for Core Technology on Oral Delivery of Proteins
    6. Keryx Biopharmaceuticals to Present at The 7th Annual JMP Securities Healthcare Conference
    7. Auxilium Pharmaceuticals, Inc. to Present At The JMP Securities 2012 Healthcare Conference
    8. Access Pharmaceuticals to Report New MuGard Clinical Trial Data This Week at the MASCC/ISOO Symposium in New York City
    9. Keryx Biopharmaceuticals Announces Live Webcast of Upcoming Analyst Day
    10. Auxilium Pharmaceuticals, Inc. to Present at the Jefferies 2012 Global Healthcare Conference
    11. Questcor Pharmaceuticals to Present at Jefferies 2012 Global Healthcare Conference
    Post Your Comments:
    (Date:7/10/2014)... upside down forever. Nanophysics makes sure of that. Mechanics researchers ... published in Physical Review E . Knowledge that can ... seem to be able to sit still forever, and walk ... We will soon be able to buy smart new fasteners ... the fact is, sooner or later the grip is lost, ...
    (Date:7/10/2014)... new alliance will see the two universities and NPL ... with business and industry and their complementary academic strengths., ... help to shape the scientific priorities of the UK. ... up to 300 high-calibre PhD students, will provide a ... NPL, the potential of the Laboratory will be grown ...
    (Date:1/15/2014)... 15, 2014  Bill Jacobs Automotive, a group of car dealerships ... with the Heartland Blood Center and offering free oil change ... takes place Saturday, Jan. 18 at the Bill Jacobs Cadillac ... (Photo: )  The Bill ...
    (Date:1/15/2014)... Look inside the new Preferred Solutions® catalog ... from fluid handling to instruments to supplies. Many items ... order. , Preferred Solutions features a full selection ... model for precise flow control and dispensing to I/P® ...
    Breaking Biology Technology:Even geckos can lose their grip 2Universities of Surrey and Strathclyde selected as strategic partners in the future operation of the National Physical Laboratory 2Universities of Surrey and Strathclyde selected as strategic partners in the future operation of the National Physical Laboratory 3Join the Bill Jacobs Auto blood drive and receive a free oil change 2Cole-Parmer Begins 2014 with the Release of Preferred Solutions 2
    ... peak in interest? And what do Xers care about? , ... finally. Today, 27 and 25 are the average ages of ... means pushing back adult realities and concerns. When a young ... Its just taken Xers a little longer to get there. ...
    ... has become a booming export business. Universities are expanding offshore ... from Asia, the South Pacific and the Middle Eastwho are ... education demand is so strong that sale of academic sheepskins ... lessons learned in the land down under should be noted ...
    ... to a close, the fourth quarter represents a fast and furious ... more important of these events: , , , ,Eleven ... activities! This is a good sign and bodes well for the ... Chicago. Its also an indicator that biotech is alive, prospering and ...
    Cached Biology Technology:Presidential politics and the next generation 2Wisconsin can teach the world, and profit by it 2Wisconsin can teach the world, and profit by it 3Furious pace of Midwest biotech events marks progress 2Furious pace of Midwest biotech events marks progress 3
    (Date:7/10/2014)... the main organization of the International Science and Business ... group of researchers, led by professor Won Do Heo, ... optogenetics that can remotely control specific receptors by light. ... has succeeded with neuronal differentiation inducement. , The most ... only light to activate neuronal functions without the need ...
    (Date:7/10/2014)... vegetable oil found in your popcorn or soap might not ... even worse, according to an analysis in the Cell Press ... growing demand for vegetable oil has already led to the ... trouble for orangutans in particular. If guidelines are not put ... large-scale industrial plantations from Asia into Africa will be bad ...
    (Date:7/10/2014)... the open ocean as a microbial megacity, teeming with ... of water, hundreds of types of bacteria can be ... these ocean microbes have their own daily cyclesnot unlike ... wake up, commute, work, and eat at the same ... Light-loving photoautotrophsbacteria that need solar energy to help them ...
    Breaking Biology News(10 mins):New optogenetic tool for controlling neuronal signalling by blue light 2Hunger for vegetable oil means trouble for Africa's great apes 2New research finds ocean's most abundant organisms have clear daily cycles 2New research finds ocean's most abundant organisms have clear daily cycles 3
    ... Science Translational Medicine announces the addition of twelve ... as Associate Scientific Advisors for the journal. Starting mid-January, ... and consult with Science Translational Medicine editors ... "The Science Translational Medicine editors selected these ...
    ... spend billions of dollars each year on exotic smelling perfumes ... according to a new study in Psychological Science , ... natural" may be the best way to capture a potential ... animal mating habits: Animal studies have shown that male testosterone ...
    ... Neuroscience Programme at the IGC, has become one of ... competitive European Research Council grants, to the value of ... This grant, which recognises Mainen,s contribution to the Neuroscience ... of the neurotransmitter serotonin. The ERC is the most ...
    Cached Biology News:Science Translational Medicine adds 12 new associate scientific advisors 2
    ... Salmonella genomes has allowed the development of ... pairs. The S. enterica Typhimurium (strain LT2) ... bp; 4,440 ORFs) and a plasmid, pSLT ... Sigma-Genosys have been designed to amplify all ...
    ... The Bio-Stack Twister II Microplate ... top automation solution for integrating BioTeks ... together with expandable microplate capacity, ultimate ... Whether you are adding capacity to ...
    XPLAC (S-17)...
    Request Info...
    Biology Products: