Navigation Links
Nabi Biopharmaceuticals Announces Third Quarter 2007 Financial Results and Positive Vote from November 8, 2007 Special Stockholders Meeting
Date:11/8/2007

d of the third quarter.

Results of Special Meeting of Shareholders

At the Special Meeting of Stockholders held earlier today, the proposal to sell the Nabi Biologics strategic business unit and certain Corporate Shared Services (CSS) group assets to Biotest Pharmaceuticals Corporation, a wholly- owned subsidiary of Biotest AG, was approved by a majority of the holders of outstanding shares of our common stock who were entitled to vote. As a result of this approval, the operational results, assets and liabilities related to Nabi Biologics and certain CSS assets will be reflected as discontinued operations beginning in the fourth quarter of 2007. Although the closing of the sale remains subject to other closing conditions, including the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, which have yet to be satisfied, we anticipate that the closing will occur by the end of this year.

"The approval by our stockholders of the sale of Nabi Biologics to Biotest AG earlier today is a major milestone in our strategic alternatives process and affirms the steps we are taking to deliver shareholder value. We have remained on-track in 2007, realizing improved financial performance in each quarter compared to 2006, and we expect to achieve our cost control and cash utilization targets for the year," said Dr. Leslie Hudson, interim president and chief executive officer of Nabi Biopharmaceuticals. "In addition to this financial progress, we are also extremely pleased with the positive clinical trial results and continued success of our NicVAX program. We look forward to continuing the successful clinical development of NicVAX and moving forward with our ongoing and productive partnership discussions."

Review of Segment Performance

Nabi Biologics

Nabi Biologics revenues were $20.1 million in the third quarter of 2007, which included $15.9 million and $7.4 million in sales of antibody and N
'/>"/>

SOURCE Nabi Biopharmaceuticals
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Presentation Time Correction: Keryx Biopharmaceuticals Presents at 12:00pm, ET Tomorrow (Oct. 3) at William Blair & Company Small-Cap Growth Stock Conference
2. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
3. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
4. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
5. HEI, Inc. Announces Sale of RFID Division Assets
6. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
7. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
8. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
9. Brooke Franchise Corporation Announces Selected July Results
10. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
11. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2014)... New York, NY (PRWEB) July 31, 2014 ... will host its first-ever event in New York on ... Eventi Hotel in Manhattan. , Featuring keynotes by ... Assemblyman Steve Katz (R-Yorktown), the event will include lunch ... Compassionate Care Act and the work NCIA is doing ...
(Date:7/31/2014)... July 31, 2014 According to a report ... recently underwent partial knee replacement surgery on his left knee. ... two months earlier. The story also reports that Bush was ... hopes to be back on the bike again soon. This ... benefits of partial knee replacement. , “Partial knee replacements ...
(Date:7/31/2014)... ProtonPACS, a division of Radsource, has signed ... Health Association (NRHA), company officials announced today. The partnership ... of rural health providers nationwide. , “We are proud ... Dr. Mark Awh, President of Radsource. “While we are ... are also looking forward to learning from all of ...
(Date:7/31/2014)... 1, 2014) While it is known that members of ... alcohol, a new study finds that female enlistees and ... their civilian counterparts. This study was published today in ... published on behalf of the Inter-University Seminar on Armed ... Lucky Tedrow studied surveys of nearly 9,000 men and ...
(Date:7/31/2014)... Angeles, CA (PRWEB) July 31, 2014 Staying ... can be tricky at best. Men and women get sucked ... husbands, wives, life partners, and taxi services to kids. ... Black, offers her "3 Fast + Fun Ways to Reignite ... free download . , “This is a much better ...
Breaking Medicine News(10 mins):Health News:THURSDAY, AUG 7: First-Ever National Cannabis Industry Association Event in New York Will Feature Senator Savino, Assemblyman Katz, & Industry Leaders 2Health News:George W. Bush’s Surgery Highlights the Benefits of Partial Knee Replacement 2Health News:ProtonPACS Announces Pipeline Partnership with the National Rural Health Association. 2Health News:Women in military less likely to drink than civilian women 2Health News:Couples in Trouble Relationship Expert, Dr. Jackie Black, Offers a Gift Guide to Reignite the Spark So Lovers Can Kiss-And-Make-Up 2Health News:Couples in Trouble Relationship Expert, Dr. Jackie Black, Offers a Gift Guide to Reignite the Spark So Lovers Can Kiss-And-Make-Up 3
... A new study finds that breast cancer patients who ... effectively, and altering health behaviors live longer than patients ... the December 15, 2008 issue of CANCER, ... study indicates that reducing the stress that can accompany ...
... that DFMO may influence the extent of Barrett,s dysplasia, ... this agent in a larger number of patients is ... and oncology at the Mayo Clinic, Rochester, MN. , ... for Cancer Research,s Seventh Annual International Conference on Frontiers ...
... at The Feinstein Institute for Medical Research have figured out why ... levels that accumulate in the brains of Alzheimer’s patients. , ... ... The Feinstein Institute for Medical Research have figured out why a ...
... known to inhibit the growth of ovarian cancer works in ... die, researchers at The University of Texas M. D. Anderson ... Cancer Research . , The research team also found that ... indicator of a woman,s prospects for surviving ovarian cancer, said ...
... pathway not previously linked to breast cancer is driving ... and disproportionately over-represented in African American women. , The ... represents a class of genes called proteasome targeting complexes. ... tumor suppressor gene p27 by making a new type ...
... effective, say Children,s Hospital of Pittsburgh reseachers , , ... of bone marrow transplantation is the only safe and ... Hospital of Pittsburgh report. , Traditional bone marrow transplants ... in order to destroy a recipient,s bone marrow so ...
Cached Medicine News:Health News:Psychological interventions associated with breast cancer survival 2Health News:DFMO may affect Barrett's esophagus 2Health News:Substance in Red Grapes and Wine Key to Alzheimer's Disease 2Health News:Protein compels ovarian cancer cells to cannibalize themselves 2Health News:UCLA scientists find cell pathway driving a deadly sub-type of breast cancer 2Health News:UCLA scientists find cell pathway driving a deadly sub-type of breast cancer 3Health News:Unique Bone Marrow Transplant Said to Cure Sickle Cell 2
(Date:7/30/2014)... , July 30, 2014 In conjunction ... quarter 2014 financial results press release, you are invited ... broadcast live over the internet on Thursday, August 7, ... Time). A live audio webcast of the ... http://www.durect.com and clicking "Investor Relations."  If you ...
(Date:7/30/2014)... ALEXANDRIA, Va. , July 30, 2014 /PRNewswire-USNewswire/ ... of Managed Care Pharmacy (AMCP) last evening expressed ... developed by the Joint Commission of Pharmacy Practitioners ... other member organizations over a two-year period to ... process for pharmacists.  "Pharmacists are ...
(Date:7/30/2014)... 30, 2014 Research and Markets has announced ... Forecasts to 2019" report to their offering. ... to grow at a lower CAGR in developed countries; however, it ... China , India , and ... The growth of the hematology analyzers and reagents market is ...
Breaking Medicine Technology:DURECT Corporation Invites You to Join its Second Quarter 2014 Earnings Conference Call 2AMCP Endorses JCPP "Pharmacists' Patient Care Process" 2Hematology Analyzers & Reagents Market - Forecasts to 2019 2
... PAREXEL International Corporation (Nasdaq: PRXL ... the Company has won the 2010 Scrip Award ... presented to PAREXEL at the sixth annual ... a leading news, data, and information service for the global ...
... 14, 2010 WHAT:You are invited to demo a new ... Panasonic Healthcare Co., Ltd. Currently applying for FDA clearance, ... engine, offering real-time detection of the thickness of the ... is the first comprehensive solution for screening and ...
Cached Medicine Technology:PAREXEL Wins Clinical Research Team of the Year Scrip Award 2PAREXEL Wins Clinical Research Team of the Year Scrip Award 3PAREXEL Wins Clinical Research Team of the Year Scrip Award 4PAREXEL Wins Clinical Research Team of the Year Scrip Award 5Panasonic Unveils CardioHealth® Station - First Comprehensive Screening Solution to Detect Heart Disease in Asymptomatic Population 2
Blunt tipped forceps with small, slightly rounded tips angled perpendicular to the shaft. For grasping peripheral membranes....
... features an advanced design, solid state oscillator ... as many years of clinical experience, has ... for the placement of discrete burns on ... the maximum effect at the target tissue ...
Anterior chamber protein cell meter. Laser flare meter and cell-counting functions are included in this cell meter, with dramatically enhanced measurement of cell volume....
... Rare Earth Intraocular Magnet is especially designed ... foreign bodies. The precise, sleek design of ... observed with electromagnetic devises. Due to its ... the possibility of secondary foreign body incarceration. ...
Medicine Products: