Navigation Links
PharmAthene Reports Year End 2008 Financial Results
Date:3/30/2009

following the Avecia acquisition, as well as increased travel expenses, non-cash stock compensation expense, and legal and consulting expenses.

For the year ended December 31, 2008, the Company's net loss attributable to common shareholders was $36.4 million or $1.59 per share, compared to net loss attributable to common shareholders of $17.7 million or $1.88 per share in the same period of 2007.

As of December 31, 2008, available cash, cash equivalents and short term investments totaled $22.9 million, excluding restricted cash totaling $13.3 million. In addition, on March 27, 2009, the Company closed on the public sale of an aggregate of 2,116,055 newly issued shares of its common stock at $2.60 per share and warrants to purchase an aggregate of 705,354 shares of its common stock at an exercise price of $3.00 per share, resulting in aggregate gross proceeds of approximately $5.5 million.

"The past year represented an important phase in the Company's growth cycle, during which time we successfully executed on our milestones with the goal of transitioning from a product development company to one emphasizing procurement and delivery of next-generation medical countermeasures to the Strategic National Stockpile," said David P. Wright, President and Chief Executive Officer of PharmAthene.

"Our acquisition of Avecia's biodefense vaccines portfolio, completed in April 2008, created an expanded product portfolio that now includes five potential best-in-class, next generation product candidates, and important critical mass - particularly with respect to our anthrax franchise," continued Mr. Wright.

"We anticipate achieving important milestones in 2009 in each of these programs. We expect our on-going Phase I clinical trial of Protexia(R) to be completed this year. In addition, we also expect to commence a Phase I clinical trial of Valortim(R) in combination with antibiotics. Notably, w
'/>"/>

SOURCE PharmAthene, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. PharmAthene to Present at the Rodman and Renshaw/Acumen BioFin 9th Annual Healthcare Conference
2. PharmAthene and Medarex Announce Additional $0.8 Million U.S. Government Appropriation for Continued Development of Anthrax Therapeutic Valortim(TM)
3. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
4. Haemacure Reports Third Quarter 2007 Results
5. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
6. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
7. MDS Reports Third Quarter 2007 Results
8. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
9. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
10. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
11. Blue Cross and Blue Shield of Florida Reports Eighteenth Consecutive Year of Positive Performance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2015)... Today, Cireson reveals the following key announcements:, ... to strengthen core service & asset management solutions , ... Microsoft System Center and Cireson via Microsoft Azure in ... Company transitioning from a direct sales presence to 100% ... expanding new solutions for password reset management, gamification, self-service ...
(Date:5/3/2015)... Michigan (PRWEB) May 03, 2015 Barbara Crone has ... to enhance the well being of the men, women and families ... hospital, followed by providing care for families in the home. ... Adult Nurse Practitioner began wondering if I could complete their care ... my own children with my mentor Nurse Midwife, I knew it ...
(Date:5/3/2015)... San Francisco, CA (PRWEB) May 03, 2015 ... International (CFHI), announced it will be awarding the ... Scholars, Jennifer Knight and Selemawit Ghebrendrias, are the deserving ... and champion for global service, Harris Llewellyn Wofford. The ... global service and passion for global health. , ...
(Date:5/3/2015)... BolehVPN ” was featured on NewsWatch as part of its ... products available to consumers. Scott Steinberg, a technology expert and ... viewers how to protect their private information. , A lot ... even more so online. It helps everyone stay connected with ... In terms of work, the internet makes things more efficient. ...
(Date:5/3/2015)... 03, 2015 SpineFrontier, a Less Exposure ... FDA to produce and market their new sacroiliac joint ... used in outpatient settings and is compatible with both ... approach has been extensively researched and refined by SpineFrontier, ... use this approach in conjunction with a sacroiliac joint ...
Breaking Medicine News(10 mins):Health News:Cireson Unveils New Microsoft Cloud & System Center Strategy 2Health News:Cireson Unveils New Microsoft Cloud & System Center Strategy 3Health News:Cireson Unveils New Microsoft Cloud & System Center Strategy 4Health News:Women's Excellence In Midwifery Welcomes Barbara Crone 2Health News:SF-based Global Health Non-Profit Awards Harris Wofford Global Service Fellowship 2Health News:SF-based Global Health Non-Profit Awards Harris Wofford Global Service Fellowship 3Health News:A Method to Keep Private Information Secure was Featured on NewsWatch Television 2
... LITTLE FALLS, N.J., Aug. 3 CANTEL MEDICAL CORP. ... has continued the expansion of its water purification and filtration segment ... LLC. G.E.M. designs, builds, installs and services high quality water ... business had pre-acquisition revenues of approximately $3.5 million. This cash ...
... the risk of trouble, expert says, , MONDAY, Aug. 3 ... physical education programs to battle the childhood obesity epidemic, the ... dramatically, Ohio State University researchers report. , In fact, ... to physical education (PE) increased 150 percent -- from 24,000 ...
... BERKELEY HEIGHTS, N.J., Aug. 3 Authentidate ... worldwide provider of secure Health Information Exchange and ... of America, Inc., a leading provider of home ... South Carolina, will implement Authentidate,s Inscrybe(TM) Healthcare web-based ...
... , Expert recommends parents and schools ... ANN ARBOR, Mich., Aug. 3 As a bright, young ... had everything going for her. , , But when ... on hand, Laura landed on her head fracturing her neck and damaging ...
... , ARDEE, Ireland, Aug. 3 Warner Chilcott Limited ... two Paragraph IV Certification Notices from Lupin Ltd. ("Lupin"). The ... Abbreviated New Drug Applications (ANDAs) by Lupin for generic versions of ... , , LOESTRIN 24 FE, which was launched ...
... , , LEAGUE CITY, Texas, Aug. ... been dedicated to the insurance needs of seniors, with an unyielding ... Agent. This has never been more evident than in the introduction ... 2009. , , With the advent of the ...
Cached Medicine News:Health News:Cantel Medical's Mar Cor Purification Subsidiary Acquires G.E.M. Water Systems ... Establishing a Nationwide Reach in Water Treatment 2Health News:Cantel Medical's Mar Cor Purification Subsidiary Acquires G.E.M. Water Systems ... Establishing a Nationwide Reach in Water Treatment 3Health News:Gym Class Injuries Up 150 Percent 2Health News:Gym Class Injuries Up 150 Percent 3Health News:Medical Services of America Selects Authentidate's Inscrybe Healthcare to Standardize Healthcare Order Process Management 2Health News:Medical Services of America Selects Authentidate's Inscrybe Healthcare to Standardize Healthcare Order Process Management 3Health News:Medical Services of America Selects Authentidate's Inscrybe Healthcare to Standardize Healthcare Order Process Management 4Health News:Cheerleading is Leading Cause of Catastrophic Injury in Young Women 2Health News:Cheerleading is Leading Cause of Catastrophic Injury in Young Women 3Health News:Warner Chilcott Announces Receipt of Paragraph IV Certification Notices 2Health News:Warner Chilcott Announces Receipt of Paragraph IV Certification Notices 3Health News:SLAICO Takes the Medicare Supplement Application Online - Eliminating All Paperwork Offline. 2
(Date:5/1/2015)... May 1, 2015  Thoratec Corporation (NASDAQ: THOR ), ... support and restore failing hearts, announced today that Marta ... of President, International. This new Europe ... outside of North America , including ... Latin America , and reports directly to ...
(Date:5/1/2015)... LOS ANGELES, May 1, 2015  CytRx Corporation ... in oncology, today reported financial results for the ... an overview of recent accomplishments and upcoming milestones ... achieved several milestones in the early months of ... its clinical trial of aldoxorubicin in patients with ...
(Date:5/1/2015)... 2015 The Institute for Healthcare Advancement (IHA) ... winners. The IHA Health Literacy Awards aim to encourage, ... the practice of educating or empowering organizations to deliver ... in three categories: innovative programs, published materials and research. ... award. In the area of innovative programs, ...
Breaking Medicine Technology:Thoratec Announces Addition To Senior Management Team 2Thoratec Announces Addition To Senior Management Team 3CytRx Reports First Quarter 2015 Financial Results 2CytRx Reports First Quarter 2015 Financial Results 3CytRx Reports First Quarter 2015 Financial Results 4CytRx Reports First Quarter 2015 Financial Results 5CytRx Reports First Quarter 2015 Financial Results 6CytRx Reports First Quarter 2015 Financial Results 7CytRx Reports First Quarter 2015 Financial Results 8CytRx Reports First Quarter 2015 Financial Results 9CytRx Reports First Quarter 2015 Financial Results 10CytRx Reports First Quarter 2015 Financial Results 11Institute for Healthcare Advancement Announces 2015 Award Winners 2
... counterparts when it comes to the consumption of mental health ... as compared to 15 percent of men.  These are findings ... MHS ) that were presented Saturday at the 2012 Women,s ... The study reviewed the pharmacy claims of more ...
... 19, 2012 Ventana Medical Systems, Inc. ( ... is now introducing a novel platform for special ...  Answering customers, challenges with their current process, the ... walk-away automation, baking through staining including deparaffinization, random ...
Cached Medicine Technology:The Mental Health Gender Gap: Women Far Exceed Men in their Use of Psychotropic Medications as Utilization Increases Among Both Sexes 2The Mental Health Gender Gap: Women Far Exceed Men in their Use of Psychotropic Medications as Utilization Increases Among Both Sexes 3Ventana Introduces the BenchMark Special Stains Platform 2Ventana Introduces the BenchMark Special Stains Platform 3