Navigation Links
SemBioSys announces third quarter 2009 financial and operational results
Date:11/13/2009

CALGARY, Nov. 13 /PRNewswire-FirstCall/ - SemBioSys Genetics Inc. (TSX:SBS), specializing in the manufacture of high-value proteins and oils in plant seeds, today announced its third quarter 2009 financial and operational results.

"We entered into an agreement with Cathedral Energy Services Income Trust, subsequent to the end of the quarter, which will provide us with gross proceeds of approximately $3.3 million in new non-dilutive capital. This capital infusion will extend the development runway for our Apo AI(Milano) and Biosimilar Insulin programs," said James Szarko, President and Chief Executive Officer of SemBioSys. "During the quarter we also announced key agreements with INDEAR and between Botaneco and Advitech. Our partnership with INDEAR for the commercialization and supply of safflower-made chymosin further validates our platform technology as a versatile, scalable, and cost-effective protein production system. Botaneco's pending merger with Advitech provides it with additional funding and strengthens its product portfolio while still securing a portion of the upside potential from the Botaneco opportunity for SemBioSys. The agreements with INDEAR and Botaneco/Advitech demonstrate our ability to accelerate the commercialization and capture future revenue streams from our non-pharmaceutical programs through strategic partnerships and corporate transactions."

    Highlights

    Corporate
    -  Botaneco entered into an agreement with Advitech Inc., whereby
       Advitech will acquire all of the issued and outstanding shares of
       Botaneco Specialty Ingredients Inc. (Botaneco). SemBioSys will hold
       an initial 9.48 percent shareholding in Advitech, in return for the
       19.35 percent share of Botaneco it held prior to the agreement. A
       subsequent $2.5 million financing for the combined entity is also
       anticipated to close in the fourth quarter.
    -  SemBioSys entered into an exclusive commercial lice
'/>"/>
SOURCE  SemBioSys Genetics Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

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

Related biology technology :

1. SemBioSys provides an update on Botaneco
2. Data for SemBioSys insulin to be presented at the American Diabetes Associations 69th Scientific Sessions
3. SemBioSys plant-derived Apo AI(Milano) demonstrates encouraging biologic activity in seven preclinical models
4. SemBioSys Genetics Inc. obtains up to $1.5 million in funding from AVAC
5. SemBioSys provides update on insulin program
6. SemBioSys Genetics Inc. Announces Clinical Results with Plant-Produced Insulin
7. SemBioSys announces senior management changes
8. SemBioSys receives US$2.5 million from option agreement with MannKind for plant-produced insulin
9. SemBioSys begins phase I/II trial of insulin produced in plant seeds
10. SemBioSys eligible to proceed with Phase I/II plant-produced insulin trial after submission of IND
11. SemBioSys announces second quarter 2008 financial and operational results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/17/2013)... 2013  Yongye International, Inc. (NASDAQ: YONG ... and distributor of crop nutrient products in ... that, on May 16, 2013, the special committee (the ... of Directors") was provided a letter (the "Letter") issued ... ) Limited ("Abax") to Full Alliance International Limited ("Full ...
(Date:5/17/2013)... May 17, 2013  Insero Health, Inc., a company ... epilepsy and related neurological disorders, is today reporting top-line ... compound INS001 in patients with drug-resistant epilepsy.  The data ... Trials (AED) Xll meeting by Dr. Steven ... of Insero,s Scientific Advisory Board.  In this study, INS001 ...
(Date:5/17/2013)... (PRWEB) May 17, 2013 The paradigm ... complex biological systems that can help predict the adverse ... Dr. Sergey Stepaniants, Head of Computational Biology at the ... biology tools to ensure high-quality genomics when used as ... be applied to complex data sets to identify key ...
(Date:5/17/2013)... (PRWEB) May 17, 2013 Rust removal is ... and non-metal home items could be damaged. To help rust ... use of its no-scrubbing rust remover it called ... able available with 10% discount. , My Cleaning Products explained ... corroding them or by staining them. The first one, ...
Breaking Biology Technology:Yongye International Provides Update on Status of Proposed Go Private Offer 2Yongye International Provides Update on Status of Proposed Go Private Offer 3Yongye International Provides Update on Status of Proposed Go Private Offer 4Insero Health Reports Positive Data on Phase I Trial of Novel Therapy for Drug-resistant Epilepsy 2Organic-Based Rust Remover Cuts Down Price by 10%, My Cleaning Products Details Mechanics How to Get the Discount 2
... on an article on "The Final Death Knell of Chicago's ... walls of the demise of Searle due to the latest ... in Chicago. Since then, the Searle name has virtually disappeared ... I wrote on May 16, 2005, titled " Creating thousands ...
... biotech firm NimbleGen Systems Inc. closed its ... venture funding to $50 million, the company said. , ,The ... that can have thousands of individual genetic samples on them ... large amounts of DNA and do comparisons. , , Cargill ...
... As the deadline to finalize the lineup for DEMO 2006 ... just what constitutes a product launch. , ,Does a product ... or a well-tested application qualify as launch-ready? Must I ... order to launch? What about a shipping product that we've ...
Cached Biology Technology:Searle spirit lives on in Chicago as alumni celebrate at former home 2Searle spirit lives on in Chicago as alumni celebrate at former home 3Searle spirit lives on in Chicago as alumni celebrate at former home 4Searle spirit lives on in Chicago as alumni celebrate at former home 5When do you go from "beta" to "product launch"? 2When do you go from "beta" to "product launch"? 3
(Date:5/16/2013)... MD (May 17, 2013) Illustrating a commitment ... American Gastroenterological Association (AGA) Research Foundation has ... Student Research Fellowship Award recipients. Supported by the ... Diseases (NIDDK), this new award helps underrepresented minority ... disease and nutrition research. , "By establishing this ...
(Date:5/16/2013)... to predict the stability of today,s largest ice sheets in ... million years ago, for example when Earth was going ... of a high sea level due to ice sheet collapse ... think that if the world,s largest ice sheets collapsed in ... our modern, progressively warming world. , However, a new ...
(Date:5/16/2013)... Philadelphia, PA, May 16, 2013 The relationship ... intelligence (IQ) has not been clear. Schizophrenia is ... functional disability. There are clues that reduced IQ ... schizophrenia. For example, reduced cognitive ability may precede ... may be present in healthy relatives of people ...
Breaking Biology News(10 mins):Underrepresented minority students receive fellowships in digestive disease and nutrition research 2World's biggest ice sheets likely more stable than previously believed 2Genetic risk for schizophrenia is connected to reduced IQ 2
... , For the red pigmentation to develop, blood oranges normally ... place to reliably grow them on a commercial scale is ... the combination of sun and cold/sunny days and warm nights ... responsible for blood orange pigmentation, naming it Ruby, and have ...
... conservation tillage increases, more growers are encountering slugs, elevating ... all crops, and they are challenging to control because ... available. In "Slug (Mollusca: Agriolimacidae, Arionidae) Ecology and ... the mid-Atlantic Region," a free, open-access article appearing in ...
... a nation that stretches from coast to coast to coast. ... of climate change? Yves Glinas, associate professor in Concordia,s Department ... surprising element: iron. In a study published in ... Lalonde and graduate Alexandre Ouellet, as well as McGill colleague ...
Cached Biology News:Blood on the menu 2Fielding questions about climate change 2
Preparation Note: Prepared essentially by method of Singer, T.P., J. Biol. Chem., 174, 11 (1948). Quality Clarifier: Contains lipase Unit Definition: One unit will hydrolyze 1.0 μmole of p-ni...
... buffer, pH 10.2 give activity approx. 2X ... in diethanolamine buffer, pH 9.8 give activity ... system. Protein determined by Biuret Physical form: ... Unit Definition: One unit will hydrolyze 1 ...
... traps a wide variety of solvent vapors that can ... flask (GCF400) allows for the collection of liquid into ... time minimizes waiting period., Ultra low -104 ... , Digital Display of ...
... RVT405DDA Refrigerated Vapor Trap is specifically ... boiling solvents such as DMSO and ... Its constant temperature refrigeration system set ... cryopumping conditions for DMSO, while completely ...
Biology Products: