Navigation Links
Biopure Announces 2007 Fourth Quarter and Year-End Financial Results
Date:1/28/2008

esearch and development expenses were $1.6 million for the fourth quarters of fiscal 2007 and 2006. For the fiscal year, research and development expenses were $7.0 million in fiscal 2007 compared to $6.7 million in 2006. For the fiscal year, the increase was primarily due to increases in employee-related expenses and spending on preclinical studies compared to fiscal 2006. These increases were partially offset by lower spending on outside services and on regulatory filing fees.

Sales and marketing expenses increased to $290,000 for the fourth quarter of fiscal 2007, from $147,000 for the same period in 2006, mainly due to increased spending for sales activities in South Africa. For the 2007 fiscal year, sales and marketing expense increased to $1.4 million compared to $671,000 in fiscal 2006, due to planning activities for Hemopure in the U.K. and increased spending in South Africa.

General and administrative expenses were $1.8 million for the fourth quarter of fiscal 2007 compared to $2.5 million for the corresponding period in 2006 due to lower consulting and legal expenses. For the 2007 fiscal year, general and administrative expenses were $8.2 million for fiscal 2007 compared to $9.3 in fiscal 2006 primarily due to lower consulting, legal and severance expenses and insurance premiums in 2007.

The company recorded a one-time, non-cash impairment charge of $11.3 million in the fourth quarter of fiscal 2007 for an asset consisting of engineering and design of a large-scale manufacturing facility. The adjustment was recorded during the audit of the 2007 financial statements. The company determined this asset was impaired pursuant to the applicable accounting rules, primarily due to continued delays in plans to construct the facility, significant clinical and US regulatory delays and a modification in clinical development strategy. However, if Hemopure is approved for an indication with broad application in a major market, the company believes t
'/>"/>

SOURCE Biopure Corporation
Copyright©2008 PR Newswire.
All rights reserved

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

Related medicine news :

1. Biopure Announces Reverse Stock Split
2. Biopures Stock Symbol Reverts to BPUR
3. Biopure Announces Closing of $14.9 Million Financing
4. Four Abstracts by Biopure and Collaborating Scientists Accepted for Annual Meeting of American Society for Clinical Pharmacology and Therapeutics
5. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
6. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
7. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
8. HEI, Inc. Announces Sale of RFID Division Assets
9. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
10. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
11. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2015)... 24Hr HomeCare is proud to announce that ... COO, and Ryan Iwamoto, Co-Founder & CMO, are Finalists ... 2015 Awards in Greater Los Angeles. The award is ... innovation, financial performance, and a personal commitment to their ... the ongoing success of our organization,” said Co-Founder & ...
(Date:5/25/2015)... (PRWEB) May 25, 2015 Thousands ... to move forward in the federal multidistrict litigation ... of Texas. According to a Motion filed on ... to modify the Case Management Order pertaining to ... other things, the Motion seeks the adoption of ...
(Date:5/25/2015)... (PRWEB) May 25, 2015 Tunstall Americas ... deliver the highest level of service to its Medical ... upgrades and a restructuring of resources, Tunstall now provides ... and the Medical Answering Service to ensure superior patient ... that it has invested over $10 million in expanded ...
(Date:5/24/2015)... The Rolling Stones Zip Code summer stadium ... Petco Park. This iconic group is ready for their ... had a warmup show in Los Angeles at the Henry ... this beloved band not only played their Sticky Fingers album ... "Jumping Jack Flash," "Moonlight Mile" and "All Down the ...
(Date:5/24/2015)... 24, 2015 Scientists with Cardno ChemRisk, ... air quality compliance issues that may have raised the ... Mesothelioma has just posted an article on the research. ... The group found airborne asbestos levels well above OSHA ... 1984 and 2011. , “Asbestos compliance sampling data associated ...
Breaking Medicine News(10 mins):Health News:24Hr HomeCare Co-Founders Named Finalists for EY Entrepreneur of the Year 2015 Awards 2Health News:Federal DePuy Pinnacle Hip Lawsuits Move Forward, as Plaintiffs Seek to Modify Order Pertaining to Health Authorizations 2Health News:Federal DePuy Pinnacle Hip Lawsuits Move Forward, as Plaintiffs Seek to Modify Order Pertaining to Health Authorizations 3Health News:Tunstall Introduces New Medical Answering Service for the 21st Century Practice 2Health News:The Rolling Stones Tickets in San Diego, Orlando, Minneapolis, Dallas, Pittsburgh, Indianapolis, Atlanta, Detroit, Milwaukee, Kansas City, Columbus, Nashville & Raleigh 2Health News:New Analysis Finds Too Many Employers Ignored OSHA Asbestos Guidelines, According to Surviving Mesothelioma 2
... medical center implemented strict protocols for administering gadolinium-based ... cases for nephrogenic system fibrosis (NSF). Implementing ... diminished kidney function says Dr. Ozden Narin, presenting ... had some patients who developed NSF after they ...
... 1. For Older COPD Patients, Long-acting Inhaled Beta-agonists ... such as inhaled beta-agonists and anticholinergic agents are ... (COPD). Both drugs have been shown to decrease ... function, quality of life, and possibly mortality. However, ...
... Exposure to secondhand smoke, such as a person can get ... has a direct, measurable impact on the brainand the effect ... person doing the smoking. In fact, exposure to this secondhand ... by the National Institute on Drug Abuse (NIDA), part of ...
... American workers forced to travel often on business aren,t doing their ... of U.S. researchers found that people who travel for business 20 ... disease than "light" travelers who were on the go only a ... School of Public Health analyzed the medical records of more than ...
... (BRONX, NY) In honor of his significant clinical ... the World Trade Center following the September 11, 2001 ... 2011 Public Service Award from the American Thoracic Society ... at Albert Einstein College of Medicine of Yeshiva ...
... CO Doctors have long sought a way to directly ... skull. Now researchers have developed a way to get the ... poker-chip that rests on a patient,s head, according to findings ... Academic Societies in Denver. "This is the first time ...
Cached Medicine News:Health News:Embargoed news from Annals of Internal Medicine 2Health News:Embargoed news from Annals of Internal Medicine 3Health News:Frequent Business Travel Tough on the Heart, Study Finds 2Health News:Einstein Montefiore lung specialist to receive award for work with 9/11 rescue workers 2Health News:Researchers develop device to measure brain temperature non-invasively 2
(Date:5/22/2015)... , May 22, 2015 Today, ... central nervous system stimulant indicated for the treatment ... patients beginning Summer 2015. The ... received approval from the U.S. Food and Drug ... an extended-release formulation of methylphenidate capsule with an ...
(Date:5/22/2015)... LONDON , May 22, 2015 ... early phase clinical research unit with a worldwide ... respected for its frequent publications in peer reviewed ... and European stakeholders and regulators in discussions about ... results.      (Logo: http://photos.prnewswire.com/prnh/20150522/745125) , ...
(Date:5/22/2015)... 22, 2015  China Nepstar Chain Drugstore Ltd. (NYSE: ... drugstore chain in China based ... the resignation of Mr. Fuxiang Zhang as ... immediately. Ms. Rebecca Yingnan Zhang has been ... of directors, effective immediately. Meanwhile, Ms. Zhang resigned from ...
Breaking Medicine Technology:Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 2Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 3Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 4Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 5Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 6China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 2China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 3
... plc (Nasdaq: JAZZ ) today announced several ... company,s leadership team. The appointments include: ... company and will serve as general counsel and an ... in March.  Ms. Hooper is currently a partner at ...
... Sinovac Biotech Ltd. (Nasdaq: SVA ), a leading ... a letter dated January 18, 2012 from The Nasdaq Stock ... from the Company,s Board of Directors effective January 4, 2012, ... Nasdaq,s requirement that its audit committee consists of at least ...
Cached Medicine Technology:Jazz Pharmaceuticals plc Announces New Executive Appointments 2Sinovac Receives Nasdaq Deficiency Letter Regarding Audit Committee Requirement 2
Full Digital Ultrasound System...
Premium Full Color Digital Ultrasound...
... cardiovascular ultrasound system provides dedicated and ... all-digital ultrasound system offering exceptional image ... and spatial resolution everything you ... cardiovascular products. Designed specifically for ...
Aplio was designed for intuitive operation so you can get the results you are looking for quickly and easily. From customizable measurement packages to an ergonomic platform design, Aplio was built m...
Medicine Products: