Navigation Links
deCODE genetics Announces Second Quarter 2008 Financial Results
Date:8/6/2008

REYKJAVIK, Iceland, Aug. 6 /PRNewswire-FirstCall/ -- deCODE genetics (Nasdaq: DCGN) today announced its consolidated financial results for the quarter ended June 30, 2008. A conference call to discuss the quarter's results and recent operating highlights will be webcast live tomorrow, Thursday, August 7, at 8:00am Eastern Daylight Time/12 noon GMT/1pm BST (details below).

Operating loss for the second quarter 2008 was $13.5 million, compared to $22.9 million for the second quarter 2007. Operating loss for the first six months of 2008 declined to $33.1 million from $43.4 million for the first six months of 2007.

Net loss for the quarter ending June 30, 2008 was $18.4 million, compared to $16.2 million for the second quarter 2007. Net loss for the first six months of 2008 was $45.0 million, compared to $38.9 million for the first six months of last year. In addition to operating loss, net loss figures for the periods presented include interest expense and, in the 2008 periods, unrealized loss resulting from the revaluation of the company's auction rate securities investments, as well as, in the 2007 periods, a one-time payment deCODE received related to the settlement of an intellectual property suit.

Basic and diluted net loss per share was $0.30 for the second quarter 2008, compared to $0.27 for the same quarter in 2007. For the first six months of 2008, basic and diluted net loss per share was $0.73, compared to $0.64 for the first six months of last year. At the close of the second quarter 2008, the company had approximately 61.8 million shares outstanding.

Revenue for the second quarter this year was $15.0 million, compared to $7.6 million for the same period a year ago. For the first six months of 2008, rev
'/>"/>

SOURCE deCODE genetics
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9

Related biology technology :

1. deCODE genetics to Webcast Presentation at Thomas Weisel Partners Annual Healthcare Conference
2. deCODE genetics Announces Webcast of Conference Call to Discuss Third Quarter 2007 Financial Results
3. deCODE genetics Announces Third Quarter 2007 Financial Results
4. deCODE Launches deCODEme(TM)
5. deCODE genetics to Webcast Presentation at JPMorgan Annual Healthcare Conference
6. deCODE Discovers Gene Variants that May Help to Distribute the Work of Evolution between Men and Women
7. deCODE genetics to Webcast Presentation at BIO CEO and Investor Conference
8. deCODE genetics Announces Webcast of Conference Call to Discuss Full-year 2007 Financial Results
9. deCODE Genetics Announces Full-year 2007 Financial Results
10. deCODE genetics to Webcast Presentation at Lehman Brothers Eleventh Annual Global Healthcare Conference
11. deCODE genetics to Webcast Presentation at 15th Annual Future Leaders in the Biotech Industry Conference

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/24/2009)..., Whether it,s CD packaging, containers or iden...ification) are increasingly finding their way into...ects or goods and identify them automatically by r...nd process the data contained in the label. Smart ...nditions of up to 100 degrees Celsius. But at high...
(Date:11/24/2009)...TwomoreprestigiousuniversitieshavejoinedBioCareerC...teforlifescienceprofessionals. ,, Northwesterna...ning28othermajorlifesciencetrainingInstitutions. ,...orpost-graduatesinthelifesciences.Whiletherearehun...erCenteristheonlyonethatserveslifesciencepost-grad...
(Date:11/24/2009)...ment grew by 29,000 jobs in October, and the fiel...uring the U.S. recession. However, clinics and spe...tems are coming closer to having to actually cut m... , (Vocus) November 24, 20...October despite the shedding of jobs in most other...
(Date:11/24/2009)...nghaiBiolaxyannouncedthe,ChineseStateFood&Drug...newdrugapplication(IND)foritsoralinsulinproject,(N...es.ThisIND,approvalallowsBiolaxytoinitiateitsfirst...racteristicofhighbloodglucoseandpoor,metabolism.Th...nd,macro-vasculardiseases,lossofvision,kidneyfailu...
Breaking Biology Technology:Intelligence inside metal components 2Two Major Universities Join Nation's Leading Postgrad Bio Job Board 2The MedZilla Report for October 2009 - Health Care Employment Grows Again in October Even As Clinics, Specialty Centers Close 2The MedZilla Report for October 2009 - Health Care Employment Grows Again in October Even As Clinics, Specialty Centers Close 3The MedZilla Report for October 2009 - Health Care Employment Grows Again in October Even As Clinics, Specialty Centers Close 4Biolaxy Secures IND Approval for Oral Insulin 2
...gy and marketing firm, announced on Monday the rel... (pronounced I-Bang Alert). The program observes ..., ranking on search engines when certain terms are... associated keywords into I! Alert, such as a bank...e program then displays what ranking the site has ...
...reate oversight committees to guide human embryoni..., a panel of experts, including two University of ...ashington, D.C. , ,"In the absence of federal guid...ch use of human embryonic stem cells, the scientif...ard to develop and implement its own," their repor...
...ons at Milwaukee-based Rockwell Automation Inc. fo...n, a 90 percent leap from the $74.9 million the co...or the second quarter of 2005, including discontin... to $78.3 million a year ago. , ,Despite that, Roc...n $10 per share Tuesday and Wednesday from Monday,...
Other Biology Technology:Icon Interactive creates new Web monitoring tool 2
(Date:11/25/2009)...rit Larisch, Head of the Cell Death Research Labor...iology, has been awarded the prestigious Johnson &...ploring the cause of brain cell damage in Parkinso... to scientists in support of innovation and excell...ally conferred earlier this month at an event at t...
(Date:11/25/2009)... State University assistant professors recently re...n (NSF) to continue research beneficial to underst...0,000. , Christopher Blackwood, assistant profes...awarded grants to support two separate research pr...Litter Decomposer Communities and Functions from t...
(Date:11/24/2009)...s Research Institute (LRI) today named 12 new gran...illion, recognize innovative work across a broad s...heir creativity, novelty, and potential to drive s...and cure the complex disease of systemic lupus. ,...upus researchers across the nation and include int...
Breaking Biology News(10 mins):Johnson & Johnson award goes to research of the cause of brain cell damage in Parkinson's 2Kent State University professors focus research on the environment with grants totaling $890,000 2Lupus Research Institute announces 2009 novel research grants 2Lupus Research Institute announces 2009 novel research grants 3Mammography 3A What to Do Now 3F 61606 1Mammography 3A What to Do Now 3F 61606 2Mammography 3A What to Do Now 3F 61606 3Mammography 3A What to Do Now 3F 61606 4Scientific Link to Autism Identified 61602 1Scientific Link to Autism Identified 61602 2Scientific Link to Autism Identified 61602 3Community Health Officials Can Improve Real Time H1N1 Information Sharing with New Resources from Depiction Inc 61599 1Community Health Officials Can Improve Real Time H1N1 Information Sharing with New Resources from Depiction Inc 61599 2Community Health Officials Can Improve Real Time H1N1 Information Sharing with New Resources from Depiction Inc 61599 3
...nstitute of Mathematical Sciences have developed a... a cancer gene, and have applied their algorithm t...n lung cancer. The algorithm uses data from Affyme...ts, genomes to find gains and losses in gene-copie...he American Journal of Human Genetics. , The study...
...npointed a brain area in flies that is crucial to ...rpose of sleep and its possible link with learning...by the journal Nature, a team led by Ravi Allada, ..., shows that the so-called mushroom bodies are ess...hila melanogaster. (In the same issue, a second st...
...tralia - is helping scientists better monitor the ...sh Institute of Medical Research (MIMR) are carryi...een blood pressure and the amount of oxygen in a p...r from low blood pressure, which reduces the oxyge...MIMR PhD student, Dr Flora Wong. "This makes them ...
Other Biology News:NYU algorithm enhances ability to detect cancer genes 2NYU algorithm enhances ability to detect cancer genes 3Research offers new hope for preterm babies 2
Alexa Fluor 350/488/594 Filter Set (Semrock Brightline) *mounted* *Zeiss Axio AF from Molecular Probes (Invitrogen)
Custom Conjugation Services from SoluLink
TMA Foresight from PREMIER Biosoft International from PREMIER Biosoft International
...upply, 1. 3500 V, 400 mA, 200 W maximum.Constant v...ar voltage ramp modes.Linear voltage ramp mode bri...quickly without danger of overheating.Volt-hour an... in gel thickness, sample ionic strength, and temp...
Biology Products: