Navigation Links
Spectral announces second quarter 2009 results
Date:8/13/2009

same 2008 period. The increase in operating expenses in the first half of the year was entirely due to incremental consulting costs related to the development of the clinical pathway for Toraymyxin(TM) and the foreign exchange impact of a rising Canadian dollar against the U.S. currency. Operating expenses related to the existing business remained consistent with prior year levels.

For the second quarter ended June 30, 2009, the Company reported a loss of $701,000 or ($0.03) per share, compared to a loss of $419,000 or ($0.02) per share for the corresponding period in 2008. The second quarter loss included the above-mentioned consulting costs and foreign exchange loss, totaling $248,000, and an unrealized loss on the Company's bond portfolio ($91,000). For the six months ended June 30, 2009, the Company reported a loss of $1,105,000 or ($0.05) per share, compared to a loss of $867,000 or ($0.04) per share for the corresponding period in 2008.

Cash and short term investments as at June 30, 2009 totaled $3,436,000, compared to $4,297,000 as at December 31, 2008. Management expects that the Company will maintain a cash and short term investment balance of approximately $3,000,000 for the rest of 2009.

About Spectral Diagnostics

Spectral is a leader in the battle against sepsis. Spectral's lead product is its Endotoxin Activity Assay (EAA(TM)), the only FDA cleared assay for the measurement of endotoxin. With the growing awareness for the role of endotoxemia in sepsis and the increasing number of therapies being developed to treat endotoxemia, Spectral is well-positioned to promote the adoption of the EAA(TM), which can be used to identify patients, enable therapeutics and monitor treatment. Spectral is listed on TSX under the symbol SDI.

Forward-looking statement

Information in this news release that is not current or historical factual information may constitute forward-looking informa
'/>"/>

SOURCE Spectral Diagnostics Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related biology technology :

1. Spectral partner launches EAA(TM) Rapid Sepsis Diagnostic in Germany
2. US Patent and Trademark Office Allows CRis Patent Application for Spectral Imaging of Deep Tissue
3. CRi Announces Nuance 2, the Next-Generation Multispectral Imaging System for Brightfield and Fluorescent-Based Microscopy
4. Spectral announces data on the clinical utility of EAA(TM) to be presented at 12th Annual Critical Care for Endotoxemia Conference in Japan
5. Spectral appoints Anthony Bihl to Board of Directors
6. Spectral announces 2007 financial results
7. Spectral announces new findings on the effectiveness of EAA(TM)/Toraymyxin(TM) at the 28th International Symposium on Intensive Care and Emergency Medicine
8. Spectrals EAA(TM) to be used in Phase III study for a sepsis anti-endotoxin therapy
9. Spectral and Toray expand collaboration to include new geographic territories
10. Spectral announces presentation of data on improving sepsis patient management with EAA(TM) and Toraymyxin(TM) combination
11. Spectral announces continuing support for the combination of EAA(TM) and anti-endotoxin therapeutics
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/18/2014)... 2014 The International Wheat Genome Sequencing Consortium ... draft sequence of the bread wheat genome. The chromosome-based ... evolution of the large, complex genome of the world,s ... blueprint is an invaluable resource to plant science researchers ... their disposal a set of tools enabling them to ...
(Date:7/17/2014)... July 17, 2014  Vanda Pharmaceuticals Inc. (Vanda) (NASDAQ: ... the development and commercialization of products for the treatment ... release results for the second quarter of 2014 on ... The Company will host a conference call ... during which Vanda management will discuss the second quarter ...
(Date:7/17/2014)... The Scripps Research Institute (TSRI) and Hong Kong ... collaborators have found that ancient enzymes, known for ... proteins, evolved myriad other functions in humans. The ... evolution as well as a potentially valuable new ... "These new protein variants represent a previously unrecognized ...
(Date:7/17/2014)... 17, 2014  Exelixis, Inc. (Nasdaq: EXEL ... two cancer treatments cabozantinib (Cabo, Cometriq) and cobimetinib (Cobi). ... company has a partnership with Roche to commercialize, market ... in the treatment of melanoma by late 2015, after ... marketed and distributed in the U.S. by EXEL, and ...
Breaking Biology Technology:Genetic Blueprint of Bread Wheat Genome Unveiled 2Genetic Blueprint of Bread Wheat Genome Unveiled 3Vanda Pharmaceuticals to Announce Second Quarter 2014 Financial Results on August 7, 2014 2Scientists find protein-building enzymes have metamorphosed & evolved new functions 2Scientists find protein-building enzymes have metamorphosed & evolved new functions 3Exelixis, Inc., Analyst Report; The Upside Potential is Worth the Risk by BrokerBank Securities, Inc. 2
... to Apply for Incentive Program, RALEIGH, N.C., ... around the Research Triangle Area (RTA) who provide ... the RTA Health Care,Collaborative, a group of forward-thinking ... is implementing an initiative,known as the Bridges to ...
... SAN FRANCISCO, Calif., Aug. 16 Anesiva,Inc. (Nasdaq: ... in the,Zingo(TM) development program before the markets open ... held at 8:30 a.m. Eastern Time,tomorrow to discuss ... the live audio webcast by dialing,800-340-6289 (international dial: ...
... Indevus,Pharmaceuticals, Inc. (Nasdaq: IDEV ) today ... the U.S. Food and Drug Administration (FDA) for,VALSTAR(R). ... is the only product approved by the FDA ... (CIS) of the,urinary bladder. VALSTAR was removed ...
Cached Biology Technology:Research Triangle Area Health Care Collaborative Launches Bridges to Excellence(R) Initiative to Improve Quality and Lower Costs 2Research Triangle Area Health Care Collaborative Launches Bridges to Excellence(R) Initiative to Improve Quality and Lower Costs 3Research Triangle Area Health Care Collaborative Launches Bridges to Excellence(R) Initiative to Improve Quality and Lower Costs 4Anesiva to Host Conference Call and Webcast Tomorrow to Discuss Encouraging Development in Zingo(TM) Program 2Indevus Receives Approvable Letter From FDA for VALSTAR(R) for Bladder Cancer Therapy 2Indevus Receives Approvable Letter From FDA for VALSTAR(R) for Bladder Cancer Therapy 3Indevus Receives Approvable Letter From FDA for VALSTAR(R) for Bladder Cancer Therapy 4
(Date:7/21/2014)... of Middle East Respiratory Syndrome coronavirus (MERS-CoV) in the ... the virus. The work, published this week in ... Society for Microbiology, indicates that further studies are needed ... the air. , MERS, a serious viral respiratory illness ... people as of June 11, according to the World ...
(Date:7/21/2014)... every movement, researchers have shown for the first time ... farms and pipelines. Those man-made structures probably serve as ... study published in the Cell Press journal Current ... shocked when I first saw the stunning grid pattern ... wind farm in the United Kingdom, says Deborah Russell ...
(Date:7/21/2014)... 2014 Dysfunction in dopamine signaling profoundly changes ... the brain,s prefrontal cortex and may be an ... as schizophrenia, according to UC Irvine scientists. , ... cells that receive this neurotransmitter showed for the ... variety of behavioral and physiological functions regulated in ...
Breaking Biology News(10 mins):Middle East Respiratory Syndrome coronavirus detected in the air of a Saudi Arabian camel barn 2Seals forage at offshore wind farms 2UCI researchers find epigenetic tie to neuropsychiatric disorders 2
... Horizon oil spill temporarily worsened existing manmade problems in Louisiana,s ... for optimism, according to a new study. A study ... Academy of Sciences found the 2010 spill killed off ... and this plant die off resulted in a more-than-doubled rate ...
... Older women with insufficient levels of Vitamin D gained more weight ... new study funded by the National Institutes of Health and published ... study of more than 4,600 women ages 65 and older found ... D in their blood gained about two pounds more than those ...
... The international project LEGATO (Land-use intensity ... and Opportunities in irrigated rice based production systems) ... Ecosystem Services and Ecological Engineering" which will be ... 7 July. LEGATO unites 21 research institutions ...
Cached Biology News:BP Deepwater Horizon oil spill exacerbated existing environmental problems in Louisiana marshes 2BP Deepwater Horizon oil spill exacerbated existing environmental problems in Louisiana marshes 3Low vitamin D levels linked to weight gain in some older women 2
... The Jouan MSC series of Class ... working conditions and certification to the ... regulation ensures that the cabinets cannot ... conditions. Natural lighting, low noise and ...
... are designed to create the ideal environment for ... to 99.9C) , Variable speed control (10 ... whether it be for washing or hybridizing ... temperature inside the chamber, ,is situated above a ...
... engineered for efficient drying down of synthetic ... cover and a post-trap with ammonia neutralizing ... of samples in ammonium hydroxide., , ... , Comes standard with ...
... (for aqueous, other low volatility and noxious ... to specific applications of molecular biology and ... heat-labile samples. The RC systems can be ... and a wide selection of rotors (eliminating ...
Biology Products: