Navigation Links
Cardiogenesis Reports Fourth Quarter and Fiscal Year 2008 Results
Date:3/31/2009

t inventory was limited and those components were are no longer manufactured, it could not guarantee future component availability to service and support the TMR 2000 System. Accordingly, the Company recorded an impairment charge for the TMR 2000 System finished goods and excess parts used to maintain and service the TMR 2000 System. Also in 2007, an inventory obsolescence charge of $221,000 related to expired product associated with the Company's PMC product line was incurred.

Research and development expenses were $271,000 in the fourth quarter of 2008 as compared with $69,000 in the 2007 fourth quarter. Full year 2008 research and development expenses of $904,000 were $223,000 or 33% higher than the prior year period of $681,000.

Sales and marketing expenses of $1,629,000 in the quarter ended December 31, 2008 increased $456,000, or 39%, compared with $1,173,000 for the quarter ended December 31, 2007. For the year ended December 31, 2008, sales and marketing expenses totaled $6,487,000, an increase of $2,046,000, or 46%, compared with $4,441,000 for the year ended December 31, 2007. The dollar and percentage increase in sales and marketing expenditures resulted primarily from higher compensation expense of approximately $1,240,000 related to investments made to strengthen the sales and marketing organization and an increase in employee benefits expense of $119,000 associated with a higher average headcount in 2008 as compared to 2007. Travel and entertainment expenses also increased in 2008 by $329,000 due to higher headcount and increased sales activity.

General and administrative expenses for the quarter ended December 31, 2008 totaled $436,000 as compared to $521,000 during the quarter ended December 31, 2007. For the year ended December 31, 2008, general and administrative expenses totaled $2,840,000 as compared to $3,132,000 for the year ended December 31, 2007. This reduction of $292,000, or 9% res
'/>"/>

SOURCE Cardiogenesis Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Cardiogenesis Receives FDA Approval for PEARL 5.0 Robotic Hand Piece
2. Cardiogenesis Corporation to Report 2007 Fourth Quarter and Year-End Results on March 4th
3. Cardiogenesis Corporation Reports Delay in Earnings Release and Conference Call
4. Cardiogenesis Corporation Announces Rescheduled Fourth Quarter and Full Year 2007 Earnings Release
5. Cardiogenesis Corporation to Report 2008 First Quarter Results on May 15th
6. Cardiogenesis Reports First Quarter 2008 Results
7. Cardiogenesis Announces Preliminary Results Combining TMR + Platelet Rich Plasma (PRP)
8. Cardiogenesis Announces Successful Educational Symposium Targeted at Cardiologists at the TCT Meeting in Washington, D.C.
9. Cardiogenesis Corporation to Report Third Quarter 2008 Results on November 13th
10. Cardiogenesis Announces Successful Educational Symposium at Society of Thoracic Surgeons Meeting in San Francisco
11. Cardiogenesis Corporation to Report 2008 Fourth Quarter and Year-End Results on March 31st
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/28/2015)... ... August 28, 2015 , ... ... Dual Eligibles Database have added comprehensive information on two new duals programs: ... a December 2015 launch; and Idaho’s partnership to revamp Blue Cross of ...
(Date:8/28/2015)... ... August 28, 2015 , ... ... now consolidated as MDL 2545, Testosterone Replacement Therapy Products Liability Litigation, are in ... number of custodial files the PSC may receive for corporate employees involved in ...
(Date:8/28/2015)... ... August 28, 2015 , ... Super-Sod launched their new ... and updated navigation. The most notable change is the responsive web design. Website users ... devices. Customers can easily submit quote requests for sod, sign-up for the monthly turf-tips ...
(Date:8/28/2015)... Florida (PRWEB) , ... August 28, 2015 , ... ... holistic approach to medicine through health promotion and disease prevention, improving a patient’s ... most prevalent diseases in the community, including heart disease, cancer, diabetes, HIV/AIDS, STDs, ...
(Date:8/27/2015)... Islands, BWI (PRWEB) , ... August 28, 2015 , ... ... weddings. This award is added to an already impressive list of accolades for ... Bay was ranked as the #2 beach in the world by TripAdvisor, the world's ...
Breaking Medicine News(10 mins):Health News:AIS Duals Database: August Update Finds Two New Duals Programs in Rhode Island and Idaho 2Health News:National Testosterone Lawyers Provide Testosterone Lawsuit MDL Update 2Health News:National Testosterone Lawyers Provide Testosterone Lawsuit MDL Update 3Health News:National Testosterone Lawyers Provide Testosterone Lawsuit MDL Update 4Health News:Health Clinic Opening and Public Art Unveiling 2Health News:Grace Bay Beach Acknowledged as a Top Caribbean Beach for Weddings 2
... the Clemson University International Center for Automotive Research ... Perceptual Testing Inc. of San Diego to study ... driving. The researchers are using Vision Coach, ... across the country by occupational, physical, vision, speech ...
... , WEDNESDAY, Sept. 14 (HealthDay News) -- Pregnant women ... their newborn from the flu, experts say. Pregnancy increases ... pneumonia and dehydration, according to the March of Dimes. ... for moms-to-be, the vaccine can also confer protection to the ...
... for the first time a particlular gene,s link to optimism, self-esteem ... life three critical psychological resources for coping well with stress ... gene for a few years, and it is not the gene ... at UCLA and senior author of the new research. "I knew ...
... News) -- Residents of lower income neighborhoods are more likely ... Sudden cardiac arrest is different from a heart attack. In ... blood and oxygen to the brain and vital organs ceases, ... researchers from the United States and Canada analyzed 9,235 cases ...
... world,s health professions have launched an easy-to-use, practical ... reduce the risk of noncommunicable diseases (NCDs) conditions ... The WHPA Health Improvement Card consists of a health ... health professionals. , This is part of efforts by ...
... HealthDay Reporter , TUESDAY, Sept. 13 (HealthDay News) ... next five years is the goal of U.S. health officials, ... The aim is to raise awareness of the risk ... deaths in the country; to improve access to good care; ...
Cached Medicine News:Health News:Clemson researchers using interactive vision tool for driving studies 2Health News:Pregnant Women Reminded to Get Flu Vaccine 2Health News:UCLA psychologists discover a gene's link to optimism, self-esteem 2Health News:UCLA psychologists discover a gene's link to optimism, self-esteem 3Health News:UCLA psychologists discover a gene's link to optimism, self-esteem 4Health News:Sudden Cardiac Arrest More Common in Poorer Neighborhoods 2Health News:Health professions launch Health Improvement Card to reduce NCD risk 2Health News:U.S. Seeks to Prevent 1 Million Heart Attacks, Strokes 2Health News:U.S. Seeks to Prevent 1 Million Heart Attacks, Strokes 3
(Date:8/27/2015)... DURECT Corporation (Nasdaq: DRRX ) announced ... upcoming healthcare conferences.  , James ... the Rodman & Renshaw Investment Conference on Thursday, September ... being held at the St. Regis Hotel in ... webcast of the presentation will be available by accessing ...
(Date:8/27/2015)... 2015 ieCrowd™ today announced the achievement ... of the company,s supplemental oxygen delivery device, Smart ... developed by ieCrowd,s subsidiary Smart Oxygen Solutions TM ... for oxygen based on level of activity.  The ... the Smart Oxygen device would require a series ...
(Date:8/27/2015)... , Aug. 27, 2015  Eli Lilly and ... Stanley Global Healthcare Conference on Thursday, September 17, 2015. ... president of Lilly Oncology and Richard Gaynor , ... affairs for Lilly Oncology, will participate in a fireside ... A live audio webcast will be available on ...
Breaking Medicine Technology:DURECT to Participate in Upcoming Healthcare Conferences 2Smart Oxygen Solutions' Supplemental Oxygen Delivery Device Achieves FDA Regulatory Pathway Milestone 2Smart Oxygen Solutions' Supplemental Oxygen Delivery Device Achieves FDA Regulatory Pathway Milestone 3Smart Oxygen Solutions' Supplemental Oxygen Delivery Device Achieves FDA Regulatory Pathway Milestone 4Lilly to Participate in Morgan Stanley Global Healthcare Conference 2
... Amgen (NASDAQ: AMGN ) will participate in the ... New York Palace Hotel in New York City, beginning at ... Relations at Amgen, will present. Live audio of the presentation ... www.amgen.com , under Investors. About ...
... Hospira, Inc. (NYSE: HSP ), ... positive results from a Phase I U.S. clinical trial ... (kidney) dysfunction who have anemia. Hospira,s trial met its ... distribution in the body, for Hospira,s EPO and the ...
Cached Medicine Technology:Hospira Announces Positive Results From Phase I U.S. Clinical Trial of Biosimilar Erythropoietin in Renal Patients 2Hospira Announces Positive Results From Phase I U.S. Clinical Trial of Biosimilar Erythropoietin in Renal Patients 3
... The introduction of the AMO ... in Phaco technology; The combination of ... in complete control of fluidic conditions ... as the "smart Pump" orchestrates the ...
... The Catalyst system introduces a ... precision to microsurgical instrumentation. It ... digital design with advanced microcomputer ... simple to operate with a ...
The CV-12000 provides the surgeon with all the options to perform today's newest techniques....
Compact ultrasonic phacoemulsification system....
Medicine Products: