Navigation Links
SemBioSys announces first quarter 2008 financial and operational results
Date:5/9/2008

The difference is due mainly to a license fee payment earned from the Company's collaboration agreement with Martek BioSciences Corporation in the first quarter of 2007 which is partially offset by 2008 product sales revenue from Hydresia(TM) and the option payment received from INDEAR.

Total expenditures for the three-month period ended March 31, 2008 were $5,257,611 compared with $3,943,408 for the three-month period ended March 31, 2007.

Research and development expenses for the three-month period ended March 31, 2008 were $2,794,103, compared with $1,743,973 for the same period last year. The change in research and development costs is primarily from increased preclinical costs including outsourcing costs, laboratory supplies, personnel and the related support costs in all areas of research and development. As the Company prepares to enter clinical trials for its safflower-produced insulin, all related activities continue to substantially increase, resulting in a higher overall cost.

General and administrative expenses for the three-month period ended March 31, 2008 were $1,395,275 compared with $1,023,711 for the corresponding period last year. The difference is due to Botaneco now being operational which includes costs for newly added staff and the additional related support costs.

Intellectual property costs for the three-month period ended March 31, 2008 were $342,330 compared with $528,249 for the three-month period ended March 31, 2007. The change is due mainly to timing of costs throughout the year.

Business development costs for the three-month period ended March 31, 2008 were $159,630, compared with $309,474 for the corresponding period last year. The difference is primarily related to the shift in Botaneco's activities from business development to that of a fully operational manufacturing and sales business. However, SemBioSys expects business development costs to increase over the remainder of 2008 as its products pr
'/>"/>

SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related biology technology :

1. SemBioSys receives milestone payments from AVAC Ltd.
2. SemBioSys initiates toxicology study for safflower-produced insulin
3. SemBioSys announces 2007 financial and operational results
4. SemBioSys GLA Partner Enters Strategic Alliance for the Sales and Marketing of GLA-Rich Safflower Oil
5. SemBioSys awarded key patent for the production of oleosome emulsions by the European Patent Office
6. SemBioSys to present at the 10th Annual BIO CEO & Investor Conference
7. SemBioSys signs option agreement for safflower-produced food ingredient
8. SemBioSys announces 2007 third quarter results
9. SemBioSys to present insulin data at the Seventh Annual Diabetes Technology Meeting
10. SemBioSys updates Apo AI development program
11. Takeda Successfully Completes Tender Offer for Millennium Pharmaceuticals, Inc. and Announces Subsequent Offering Period
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/19/2014)... is rarely simple. From crop yields to disease risks, ... those considered "complex traits." Just as for heightthe textbook ... particular human disease are shaped by multiple genetic and ... involved. To track down such genes, geneticists typically mate ... large mouse and a small mouseand then study their ...
(Date:9/19/2014)... than electricity, to move data would consume much ... growing concern as chips, transistor counts rise. , ... light emitters, modulators, and detectors emitters ... source for optical chips is molybdenum disulfide (MoS2), ... a single, atom-thick layer. Other experimental on-chip light ...
(Date:9/19/2014)... NEW YORK , Sept. 19, 2014  An ... common forms of inherited neuropathies – Charcot-Marie-Tooth disease (CMT) ... feet and legs, causing extreme muscle atrophy, weakness, and ... in the US and millions worldwide. CMT is a ... use of their legs, requiring mobility devices such as ...
(Date:9/19/2014)... SAN FRANCISCO , Sept. 19, 2014 /PRNewswire/ ... announced results from preclinical studies characterizing the analgesic ... oral, peripherally-acting kappa opioid receptor agonist molecules. The ... molecule polymer medicinal chemistry platform. The ... described in the medical literature. 1,2 Kappa ...
Breaking Biology Technology:Want to link genes to complex traits? Start with more diversity 2Toward optical chips 2Toward optical chips 3September is Charcot-Marie-Tooth (CMT) Awareness Month - Scheduled events, activities and important partnerships announced throughout the month! 2Nektar Presents Positive Preclinical Data on Oral, Peripherally-Acting Kappa Agonist Molecules at 2014 American Academy of Pain Management Meeting 2Nektar Presents Positive Preclinical Data on Oral, Peripherally-Acting Kappa Agonist Molecules at 2014 American Academy of Pain Management Meeting 3Nektar Presents Positive Preclinical Data on Oral, Peripherally-Acting Kappa Agonist Molecules at 2014 American Academy of Pain Management Meeting 4Nektar Presents Positive Preclinical Data on Oral, Peripherally-Acting Kappa Agonist Molecules at 2014 American Academy of Pain Management Meeting 5
... , , , , Efficiency of the standard protocols (1,2) ... (3) , , Propagate M13 ... For producing M13 ssDNA, mix 2.5 ml plating bacteria ... at 4 C for no more than 3 days) , ...
... , , , , Introduction ... , , , , , ... is an important part of your application. Many variables must be considered, , ... evaporation, and accessory chiller—so it's no surprise to find more , ...
... , To ensure that maximum transfection rates are achieved, the electroporation , ... , below for determining the ideal electroporation parameters as simply and , ... , Brochure available upon request., , , ... Field strength , ...
Cached Biology Technology:M13/Phagemid DNA Extraction Protocol 2Optimizing Büchi® Rotary Evaporator Applications 2Optimizing Büchi® Rotary Evaporator Applications 3Optimizing Büchi® Rotary Evaporator Applications 4Optimizing Büchi® Rotary Evaporator Applications 5Optimizing Büchi® Rotary Evaporator Applications 6Optimizing Büchi® Rotary Evaporator Applications 7Optimizing Büchi® Rotary Evaporator Applications 8
(Date:9/21/2014)... Contrary to what was previously thought, newborn immune T ... response to bacteria, according to a new study led ... very differently to that of adults, babies may still ... the study published in the journal Nature Medicine ... several different types of immune cells, including neutrophils which ...
(Date:9/19/2014)... researchers from several Harvard University labs in collaboration ... aspiring researchers with the intellectual raw materials needed ... soft, flexible materials. , With the advent of ... in manufacturing technology, soft robotics is emerging as ... conventional rigid robot design, but working with pliable ...
(Date:9/19/2014)... of years has adapted to the arctic cold, and then ... dangerous for you. , This is happening to the small ... substance, called nonylphenol, comes from the use of certain detergents, ... endocrine disruptor, but when entering the worm it has another ... cells in its body from cold damage. , Enchytraeus ...
Breaking Biology News(10 mins):Immune system of newborn babies is stronger than previously thought 2Soft robotics 'toolkit' features everything a robot-maker needs 2Environmental pollutants make worms susceptible to cold 2Environmental pollutants make worms susceptible to cold 3
... researchers at Kansas State,University, with collaboration from Epitopix ... against E. coli O157 in beef ... focus on the post-harvest food safety,aspect, whether it,s ... Thomson of,K-State,s College of Veterinary Medicine. Thomson is ...
... health research by providing a goldmine of stored human biological ... we make better use of these invaluable resources by collaborating ... theme of an international conference being held in March 2009. ... use of biobanks through harmonization? The conference ...
... at the Johns Hopkins Bloomberg School of Public Health ... that triggers an immune response in multiple mosquito species ... -the parasite that causes malaria in humans. By ... block the development of the malaria-causing parasite in ...
Cached Biology News:K-State researchers help Epitopix license the United States' first E. coli O157 vaccine for cattle 2Harmonizing biobank research: An achievable world-wide goal 2Malaria immunity trigger found for multiple mosquito species 2