Navigation Links
BELLUS HEALTH reports results for first quarter of fiscal 2008
Date:5/5/2008

d drawdown within five trading days of the end of the applicable settlement period or (ii) after it has drawn down at least $15,000,000 under the ELOC. As at March 31, 2008, the Company had not drawn any funds under the ELOC.

"Restricted Cash" presented on the Consolidated Balance Sheet is composed of short-term investments pledged to a bank as collateral for three letters of credit (LC); the first LC is in the amount of $6,000,000 and was issued in connection with the refundable upfront payment received under the collaboration agreement with Centocor. The second and third LC total $769,000 (CDN$790,000) and were issued in relation to leases.

As at March 31, 2008, the Company held $6,633,000 principal amount of third party Asset-Backed Commercial Paper (ABCP). These investments were due to mature in August 2007, but, as a result of a disruption in the credit markets, particularly in the ABCP market, they did not settle on maturity and currently remain outstanding. There are currently no market quotations available for these ABCP. On April 25, 2008, the restructuring plan announced by the Pan-Canadian Investors Committee (the Committee) in December 2007 was approved by the ABCP holders and will result into the conversion of the ABCP into longer term financial instruments. As at March 31, 2008, the Company estimated the fair value of these ABCP at approximately $5,065,000, which is presented in Restricted Cash. During the quarter ended March 31, 2008, the Company recorded an additional write-down of $375,000, due to changes in assumptions as derived from information provided by the Committee's restructuring plan. For the year ended December 31, 2007, the Company had recorded a write-down of $1,184,000. The Company estimated the fair value of the ABCP using a probability weighted discounted cash flow approach, based on its best estimates of the time period over which the assets are going to generate cash flows ranging from 8 to 28 years based on the propo
'/>"/>

SOURCE BELLUS Health Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. At Annual and Special Meeting of Shareholders - Neurochem to officially adopt new name - BELLUS Health - And to provide update on programs including first new natural health product, VIVIMIND(TM)
2. Penn study finds pro-death proteins required to regulate healthy immune function
3. UCLA researchers identify markers that may predict diabetes in still-healthy people
4. Air pollution linked to cardiovascular risk indices in healthy young adults
5. More proof needed of safety and quality of electronic personal health records
6. Health care incentive model offers collaborative approach
7. Loneliness is bad for your health
8. Mailman School of Public Health study examines link between racial discrimination and substance use
9. Green Tea May Brew Up Healthier Skin
10. For Health Info, Women Often Turn to the Web
11. Record Number of Americans Lack Health Insurance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/5/2015)... ... July 05, 2015 , ... Women's Excellence in Wellness, powered by ... These classes are geared towards families that want their children to stay active as ... The fitness class will take place TUESDAYS at 4:30pm. Questions? Call 248-601-6683. Women’s ...
(Date:7/5/2015)... ... July 05, 2015 , ... Doctors at the Swedish Cancer Institute ... may one day change the outlook for people with pleural mesothelioma. Surviving Mesothelioma has ... , Researchers report that five mesothelioma patients treated with 25Gy of radiation over five ...
(Date:7/4/2015)... York, NY (PRWEB) , ... July 04, 2015 , ... ... that 15% of chronic pain sufferers have pain located in the neck. Another 19% ... from the neck. Chiropractic literature suggests that 45% of American workers must ...
(Date:7/3/2015)... ... ... Food Bank will hopefully be getting a large donation of canned food items at ... SC are making it their mission to collect as many canned items as possible. Donations ... the public as well. As part of the canned food drive, these local chiropractors will ...
(Date:7/3/2015)... ... July 03, 2015 , ... ... for its 2015 Annual Conference , the premiere continuing education and ... Renaissance Orlando at SeaWorld in Orlando, Florida. Speakers include the leading rheumatology ...
Breaking Medicine News(10 mins):Health News:New Mesothelioma Study Calls IMRT/Surgery Combo “Innovative and Promising”, According to Surviving Mesothelioma 2Health News:New Advancement in Treatment of Chronic Neck Pain 2Health News:New Advancement in Treatment of Chronic Neck Pain 3Health News:Greenville Area AlignLife Offices to do a Thanksgiving in July Food Drive 2Health News:Greenville Area AlignLife Offices to do a Thanksgiving in July Food Drive 3Health News:RNS Announces Sessions and Speaker Lineup for the 2015 Annual Conference of the Rheumatology Nurses Society 2Health News:RNS Announces Sessions and Speaker Lineup for the 2015 Annual Conference of the Rheumatology Nurses Society 3
... Charity Event to benefit Breast Cancer ResearchFORT LAUDERDALE, Fla., ... are invited to join Ladies Sail for a Cure, ... to raise money for the Florida Breast Cancer Coalition ... charity sailing event organized by eBoatCharters.com. The sailing catamaran, ...
... Jan. 22 Cardica, Inc.,(Nasdaq: CRDC ) today ... quarter ended December 31, 2008, on Thursday, January 29, 2009,after ... at,4:30 p.m. Eastern Time to discuss the financial results and ... Conference Call Details , To ...
... Life (AUL) today released its sixth annual ranking of ... and South Dakota top the ranking, while California, Hawaii, ... progress we are making each year toward a more ... CEO. "There is every reason for optimism even ...
... to surgery and prescription drugsSANTA FE, N.M., Jan. 22 ... currently suffer from TMJ, the grueling jaw pain and ... explain the overwhelming response to a recent article in ... treated her TMJ with Natural TMJ Relief. After the ...
... thyroid-blocking potassium iodide for nuclear radiation emergenciesMOORESVILLE, N.C., ... of 180,000 units (5.4 million doses) of ThyroShield(TM) ... Worth approximately $1.4 million, the sale was brokered ... protecting its citizens during a nuclear radiation emergency."This ...
... Calif., Jan. 22 Forterus Healthcare, a division of ... it has acquired Solutions 4 Recovery, a Dana Point, ... to close Feb. 1 2009Forterus Healthcare will operate Solutions ... Inc. Solutions 4 Recovery is the second behavioral health ...
Cached Medicine News:Health News:Ladies Set Sail to Raise Money for a Cure 2Health News:Cardica to Announce Fiscal 2009 Second Quarter Financial Results on Thursday, January 29, 2009 2Health News:Pennsylvania Most Pro-Life State in America, California Least, According to Americans United for Life State Rankings 2Health News:Natural TMJ Relief(R) Gains Momentum in the Medical Marketplace 2Health News:Kuwait Purchases 5.4 Million Doses of Emergency Nuclear Radiation Drug from Nukepills.com 2Health News:Forterus Healthcare to Acquire Solutions 4 Recovery 2
(Date:7/6/2015)... SHENZHEN, China , July 6, 2015 /PRNewswire/ -- China ... or the "Company"), a leading retail drugstore chain in ... of directly operated stores, today announced that its board ... dated July 6, 2015, from Simin Zhang , ... and China Neptunus Drugstore Holding Ltd., an investment vehicle ...
(Date:7/4/2015)... 4, 2015 Añadir micro ... de primera línea para pacientes con cáncer colorrectal ... la supervivencia libre de progresión en ese órgano ... no resecable (mCRC) que se ha propagado sólo ... supervivencia libre de progresión (PFS) en el hígado ...
(Date:7/4/2015)... 4, 2015 Adding SIR-Spheres® ... with unresectable metastatic colorectal cancer in the liver ... Patients with unresectable metastatic colorectal cancer ... experienced the greatest improvement in Progression-Free Survival (PFS) ... Y-90 resin microspheres to a current first-line chemotherapy ...
Breaking Medicine Technology:China Nepstar Chain Drugstore Ltd. Announces Receipt of "Going Private" Proposal 2China Nepstar Chain Drugstore Ltd. Announces Receipt of "Going Private" Proposal 3China Nepstar Chain Drugstore Ltd. Announces Receipt of "Going Private" Proposal 4China Nepstar Chain Drugstore Ltd. Announces Receipt of "Going Private" Proposal 5China Nepstar Chain Drugstore Ltd. Announces Receipt of "Going Private" Proposal 6El Congreso Mundial del Cáncer Gastrointestinal presenta nuevos datos del estudio SIRFLOX 2El Congreso Mundial del Cáncer Gastrointestinal presenta nuevos datos del estudio SIRFLOX 3El Congreso Mundial del Cáncer Gastrointestinal presenta nuevos datos del estudio SIRFLOX 4El Congreso Mundial del Cáncer Gastrointestinal presenta nuevos datos del estudio SIRFLOX 5New SIRFLOX Study Data Presented at World Congress of Gastrointestinal Cancer 2New SIRFLOX Study Data Presented at World Congress of Gastrointestinal Cancer 3New SIRFLOX Study Data Presented at World Congress of Gastrointestinal Cancer 4
... HUNTINGTON BEACH, California and AMSTERDAM, June 23 ... announced the,inclusion of its breast cancer recurrence test MammaPrint ... therapy of early breast,cancer. The recommendations have been published ... the August print edition. , ...
... , Adaptive trials leader and CDRH regulators join to create ... CAMBRIDGE, Mass., June 22 Cytel Inc., a leading provider ... the signing of a Cooperative Research And Development ... Devices and Radiological Health (CDRH), a division of ...
Cached Medicine Technology:Agendia's Breast Cancer Recurrence Test MammaPrint Included in International St. Gallen Expert Consensus Recommendations 2Cytel Signs Cooperative Research And Development Agreement With FDA Center for Devices and Radiological Health (CDRH) 2Cytel Signs Cooperative Research And Development Agreement With FDA Center for Devices and Radiological Health (CDRH) 3
The K-ASSAY Rheumatoid Factor Control Set is intended to be used as a consistent test sample of known concentration for monitoring the performance of K-ASSAY immunoturbidimetric assay for quantifying...
... The K-ASSAY Microalbumin Urine Controls ... to use liquid requiring no ... prepared from human urine, fortified ... albumin and creatinine. Preservatives including ...
... Liquid Lipid Control is intended for use ... test sample of known concentration for monitoring ... K-ASSAY Liquid Lipid Control with patient serum ... listed constituents. The user can compare observations ...
The K-ASSAY ITA Lyophilized Multi-Control Set is intended to be used as a consistent test sample of known concentration for monitoring the performance of K-ASSAY immunoturbidimetric assays for the li...
Medicine Products: