Navigation Links
Cipher reports third quarter fiscal 2007 results
Date:11/7/2007

up-front licensing fee from ProEthic. Cipher received the initial payment of US$1 million in the third quarter of 2007 and expects to receive the second payment of US$1 million in March 2008. Revenue is presented on a net basis and reflects the elements of the ProEthic licensing and distribution agreement, as well as direct product-related expenses and amounts due to Galephar, the Company's technology partner.

Research and development (R&D) expenses for the third quarter of 2007 were $0.2 million, compared with $1.4 million in the third quarter of 2006. The decrease in R&D spending reflects the advanced stage of development of the Company's current products. Operating, general and administrative (OG&A) expenses for the third quarter of 2007 were $1.1 million, compared with $0.9 million in the same period last year. The increase in OG&A is due to higher compensation expense resulting from an increase in personnel to support current growth plans, as well as stock-based compensation expense. Net loss for the three months ended September 30, 2007 was $1.1 million ($0.04 per basic and diluted share), compared with a net loss of $2.0 million ($0.08 per basic and diluted share) in the same period last year.

As at September 30, 2007, Cipher had cash and cash equivalents of $12.1 million, compared with $12.1 million as at June 30, 2007 and $15.1 million as at December 31, 2006.

Product Update

--------------

In July 2007, Cipher entered into a licensing and distribution agreement with ProEthic Pharmaceuticals under which ProEthic was granted the exclusive right to market, sell and distribute Lipofen in the United States. The agreement with ProEthic is for a period of ten years and they have the right to extend the term for additional two-year periods. In late September 2007, ProEthic launched Lipofen 150 mg and 50 mg capsules in the U.S. market with the full effort of its sales and marketing teams. Lipofen is the lead product for ProEthic as it s
'/>"/>

SOURCE Cipher Pharmaceuticals Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Related medicine news :

1. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
2. Haemacure Reports Third Quarter 2007 Results
3. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
4. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
5. MDS Reports Third Quarter 2007 Results
6. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
7. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
8. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
9. Blue Cross and Blue Shield of Florida Reports Eighteenth Consecutive Year of Positive Performance
10. ReBuilder Medical Technologies, Inc. Reports International Sales Expansion
11. AdCare Health Systems, Inc. Reports Discontinuation of Definitive Merger Agreement with Family Home Health Services, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/28/2014)... Based in Minneapolis, MN, Secura Consultants ... exemplary solutions to the income and asset protection markets ... effort to extend its reach across the nation to ... Consultants has brought aboard financial service industry veteran, Matt ... big believer in specialization. When I decided to focus ...
(Date:11/28/2014)... Top10inaction.com, a popular product review and rankings ... For Hair in 2014 at http://top10inaction.com/best-styling-tool-for-hair/ , in ... Featherweight 2 Hair Dryer, ghd Eclipse and Harry Josh ... the significant increase of awareness on women’s beauty, not ... hair styling tools become necessities in women’s daily life. ...
(Date:11/27/2014)... (PRWEB) November 28, 2014 Recently, iFitDress.com, ... added 100 new items to its assortment of ... big discounts, up to 70% off. Some models are ... beautiful discounted black cocktail dresses can enjoy a low ... always have something special for its clients. The business ...
(Date:11/27/2014)... Dallas, TX (PRWEB) November 28, 2014 ... current state of the global Bronchoscopes industry with a ... statistics on the market status of the Bronchoscopes manufacturers ... for companies and individuals interested in the industry. , ... industry including its definition, applications and manufacturing technology. Then, ...
(Date:11/27/2014)... Petersburg, Fl (PRWEB) November 28, 2014 Let ... , Beautiful Christmas boxes with bows on top, filled with ... All prices are deeply discounted today while quantities last - ... . , All products are also available on Amazon at ... found on each Sublime shop product page for ease. , ...
Breaking Medicine News(10 mins):Health News:Matt Lee, CLU, ChFC Joins Secura Consultants as New Brokerage Consultant 2Health News:T3 Featherweight 2 Hair Dryer Is Named As Best Hair Styling Tool 2Health News:Beautiful Black Cocktail Dresses Offered by Top Dress Supplier iFitDress.com 2Health News:Bronchoscopes Industry 2019 Forecasts for Global and China Region in New Research Report at ReportsnReports.com 2Health News:Bronchoscopes Industry 2019 Forecasts for Global and China Region in New Research Report at ReportsnReports.com 3Health News:Big Christmas Sales Begin Today at Sublime Beauty® for all Christmas Gift Selections and Skincare Sets 2
... As Congressional committees begin to hone in on the details ... Kaiser health tracking poll finds remarkable stability in public opinion ... of the American people (61%) continue to believe that health ... problems); sizeable majorities support key elements of reform currently being ...
... Laser Center Opens at LA,s Landmark Burke Williams as Part of ... HOLLYWOOD, Calif., June 15 After walking into Burke Williams Day ... infused water and fresh fruit, to locker room and quiet room ... area of Spa 7 Laser & Cosmetic Center. This is ...
... CAMBRIDGE, Mass. (June 11, 2009) A low cellular ... increase the spread of breast cancer in mouse models ... for Biomedical Research. Measuring levels of this ... cancer in humans, may more accurately predict the likelihood ...
... Calif., June 15 AMDL Inc. ... operations in China, announced today the second closing of a private ... and warrants. The exclusive placement agent for the offering is ... May 14, 2009, AMDL sold $1,327,250 of 12% Series 2 convertible ...
... American Medical Association (AMA) today addressing concerns about health insurance ... coast, is listening. "A general consensus seems ... health insurance, option. Since the AMA bills itself as "the ... AMA is fostering the notion that a majority of physicians ...
... EASE SKYROCKETING COST OF CHRONIC ILLNESSES , , WASHINGTON, ... costs the United States billions of dollars and affects countless ... case that providing women with preventive and primary care services ... greatly improving women,s health. , , The report, ...
Cached Medicine News:Health News:Public Opinion on Health Reform Stable and Supportive as Debate Heats Up, But Moveable Too 2Health News:Public Opinion on Health Reform Stable and Supportive as Debate Heats Up, But Moveable Too 3Health News:Public Opinion on Health Reform Stable and Supportive as Debate Heats Up, But Moveable Too 4Health News:New L.A. Experience Not Only Leaves You Feeling Good but Looking Great 2Health News:RNA snippet suppresses spread of aggressive breast cancer 2Health News:AMDL Inc. Announces Second Closing of Private Placement of Series 2 Senior Notes 2Health News:AMDL Inc. Announces Second Closing of Private Placement of Series 2 Senior Notes 3Health News:Indiana U. expert says nation's physicians support national health insurance 2Health News:New Report Emphasizes Critical Role of Including Early and Preventative Care for Women in Health Care Reform 2
(Date:11/26/2014)... a leader in the development of Chimeric Antigen Receptors ... cancers, today announced the completion of a series A ... -based healthcare private equity fund.   CARsgen ... new therapeutics for liver, lung, stomach and brain cancers. ... Hospital, the company plans to initiate clinical studies for ...
(Date:11/26/2014)... , Nov. 25, 2014  At the American ... this October, KaVo Kerr Group was honored ... Expo, offering attendees the opportunity to see and test ... key opinion leaders deliver lectures on the latest developments ... products include the new DEXIS CariVu Caries Detection Device ...
(Date:11/26/2014)... --  Heska Corporation (NASDAQ: HSKA ) - ... advanced veterinary diagnostic and other specialty veterinary products , ... attend The Benchmark Company, LLC,s Micro Cap Discovery Conference on ... at The Palmer House Hilton, 17 E. Monroe Street, ... p.m. Please email hska@haydenir.com or contact your Benchmark ...
Breaking Medicine Technology:CARsgen Completes Series A Financing 2KaVo Kerr Group Showcased in Pride Institute Technology Expo at ADA Annual Meeting 2KaVo Kerr Group Showcased in Pride Institute Technology Expo at ADA Annual Meeting 3Heska to Attend Benchmark Micro Cap Discovery Conference 2
... JSZ Orthokeratology (oprifocon A) Contact ... contact lenses used for orthokeratology, ... nearsightedness (myopia). The patient wears ... them in the morning. During ...
... gas permeable contact lenses used for corneal ... nearsightedness (myopia). The patient wears the lenses ... wakening. During the day, nearsightedness is corrected ... Quadra RG contact lenses apply slight pressure ...
... You Aware of the High Prevalence of ... Disease Patient Population?, , As Prevalent as ... Apnea (OSA), the most common form of ... in the United States. Only 5% ...
... is designed efficiently for maximum safety. ... for maximum efficiency. It is ideal ... can be set-up in 15 minutes, ... modality pad and it has expandable ...
Medicine Products: