Navigation Links
Heska Announces Q4 and Annual 2007 Results
Date:2/26/2008

.6 million in revenue recognized in the first quarter upon receipt of a payment for product previously shipped and "take-or-pay" minimums for 2005 and 2006 which previously had not been paid as part of a now settled dispute with United Vaccines, Inc. ("United"), a former customer.

Research, Development and Other Revenue

Research, development and other revenue was $325 thousand in the fourth quarter of 2007, a decrease of approximately $1.6 million when compared to $1.9 million in the prior year period. The fourth quarter of 2006 result includes approximately $1.5 million in revenue from previously deferred licensing fees recognized upon the completion of the sale of a worldwide patent portfolio covering a number of major allergens and the genes that encode them to Allergopharma Joachim Ganzer KG (the "Allergopharma Portfolio") in December 2006. For 2007, research, development and other revenue was $1.5 million, a decrease of approximately $1.7 million compared to $3.2 million in 2006. For 2006, the Company recognized approximately $2.0 million in licensing revenue related to the Allergopharma Portfolio, including revenue from the amortization of previous upfront payments and other payments from third parties. In 2007, the Company recognized approximately $250 thousand in revenue under a now completed service contract related to the Allergopharma Portfolio.

Income Tax Benefit - Valuation Allowance Adjustment

The Company's domestic net operating loss carryforward ("NOL") has historically been reduced by an equal, offsetting valuation allowance. Based on the Company's profitable operating performance in the United States, in December 2007 the Company concluded that a portion of its domestic NOL was realizable on a more-likely-than-not-basis and reduced the corresponding valuation allowance. This resulted in an income tax benefit of approximately $30 million and a corresponding $30 million net deferred tax asset - equal to the estimated quant
'/>"/>

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

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

Related medicine news :

1. Webcast Alert: Heska Announces Third Quarter 2007 Earnings Conference Call Webcast
2. Heska to Present at Friedland Investment Events Life Sciences Conference
3. Heska to Present at the BioWest 2007 Mature Company Forum
4. Heska to Present at New York Society of Security Analysts Biotech/Specialty Pharma Conference
5. Heska Announces Amended Agreement With AgriLabs
6. Louise McCormick Joins Heskas Board of Directors
7. Webcast Alert: Heska Announces Fourth Quarter and Year-End 2007 Earnings Conference Call Webcast
8. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
9. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
10. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
11. HEI, Inc. Announces Sale of RFID Division Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/23/2014)... Dallas, TX (PRWEB) November 23, 2014 ... the market such as its significance, programs and ... globally and Chinese suppliers major market gamers in ... company information, item specifications, prospective, manufacturing value, and ... statistical research, the evaluation symbolizes the globally and ...
(Date:11/23/2014)... Asher Milgrom, is a celebrity doctor ... was recently featured on International Business Times. ... of American Medical Aesthetics & Wellness, also known as ... scholarship to attend an M.D./Ph.D program at University of ... of Chicago, where his field of study was neuro-biochemistry. ...
(Date:11/23/2014)... November 23, 2014 BambooFlooringChina.com , the ... click strand woven bamboo flooring collection. Now, the ... to the company’s CEO, the promotion is valid until Dec. ... comes with a smooth and dust-free surface, which makes it ... in the industry, the company wants to make its website ...
(Date:11/22/2014)... 2014 PrettyTailor , an outstanding ... new big promotion. Customers can buy new dresses at ... can visit its website. , As a matter of ... dresses. It mainly provides four types of wedding outfits, ... flower girl dresses. It also provides a variety of ...
(Date:11/22/2014)... Today, Dylan Queen, a renowned brand ... wedding dresses; the business offers a wide range of ... ladies worldwide, allowing them to create multiple looks easily. ... this new collection of chic wedding dresses has been ... offered at discounted rates now. Dylan Queen can always ...
Breaking Medicine News(10 mins):Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 2Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 3Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 4Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 2Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 3Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 4Health News:Click Strand Woven Bamboo Flooring From Famous Bamboo Flooring Company BambooFlooringChina.com 2Health News:Customers Are Welcome to Shop at PrettyTailor.com 2Health News:Dylan Queen Introduces Its New Wedding Dresses 2
... a million babies are born preterm in the United States ... Late preterm births, or births that occur between 34 and ... due date), account for more than 70% of preterm births. ... are unaware of the serious health problems related to late ...
... ATLANTIC CITY, N.J., Dec. 10 A letter from the ... and recuperating at Walter Reed Army Hospital in Washington, DC has led ... , , The letter, detailing the desire ... and wishing for the chance to take a break from their hospital ...
... News stories this,afternoon by some major Michigan newspapers, ... (EO) budget cuts proposed today,by Gov. Jennifer Granholm. ... be saved by cutting reimbursements to hospitals,physicians and ... not reduce provider,payments for health care treatment delivered ...
... might lead to cures, researchers say , , WEDNESDAY, Dec. ... mutations between type 1 diabetes and celiac disease, suggesting ... shared underlying mechanism. , The finding also suggests ... environmental factors. , "Our results spotlight that much ...
... League will feature two of the most innovative new voices ... and Personhood Conference Jan. 21-23. , ... , The TAW will feature Jill Stanek, ... Alive Truth campaign during the 2008 presidential elections, and Lila ...
... 2007 , , Gross margin increases by ... Dec. 10 Sinobiopharma, Inc. (OTC Bulletin Board: SNBP)("Sinobiopharma", or the "Company") ... quarter ended September 30, 2008 for Sinobiopharma,s operating subsidiary, Dong Ying (Jiangsu) ... Financial highlights include: , , , ...
Cached Medicine News:Health News:Late preterm births present serious risks to newborns 2Health News:Wounded Warriors to be Holiday Guests of Harrah's Entertainment 2Health News:Genetic Link Between Type 1 Diabetes, Celiac Disease Seen 2Health News:Genetic Link Between Type 1 Diabetes, Celiac Disease Seen 3Health News:A.L.L. Personhood Conference Features Pro-Life New Media Stars 2Health News:Sinobiopharma Reports Highlights of Third Quarter Results for Its Operating Subsidiary, Dong Ying China 2
(Date:11/22/2014)... , Nov. 21, 2014  CytoSorbents Corporation ... its European Union approved CytoSorb® cytokine adsorber to ... awarded the Beacon of Light Award at last ... Dr. Phillip Chan , ... an honor to be recognized by the New ...
(Date:11/22/2014)... Statistics released from a number of organizations show that ... holidays, beginning with Thanksgiving eve, which is now termed ... data, highlighted in an Infographic released by ... annual Sober Days for the Holidays public awareness ... increased rates of DUI injuries and deaths during the ...
(Date:11/22/2014)... -- Research and Markets  has announced the addition of ... report to their offering. ... drug market has been expanding rapidly owing to the ... During 2005-2013, sales of recombinant protein drugs available in ... and it is projected that China ...
Breaking Medicine Technology:CytoSorbents Wins Beacon of Light Award 2CytoSorbents Wins Beacon of Light Award 3CytoSorbents Wins Beacon of Light Award 4Alarming Stats Show Holiday Drinking an Issue for Many 2China Recombinant Protein Drug Industry Report, 2014-2017 2China Recombinant Protein Drug Industry Report, 2014-2017 3
Each handle is designed to fit a specific trephine size....
Medtronic Ophthalmics offers a comprehensive selection of corneal trephine,blades and handles. Handcrafted, sharp, uniform blade edges promote a,symetrical and vertical cut of all corneal layers....
Each handle is designed to fit a specific trephine size....
Reusable, stainless steel trephine with handle....
Medicine Products: