Navigation Links
Verenium Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2007
Date:11/6/2007

liminary one-time, non-cash charge to in-process research and development of $42.4 million and recorded preliminary goodwill of $106.4 million on its balance sheet. Goodwill represents the excess of the merger consideration paid over the sum of the amounts assigned to in-process research and development and the fair value of assets acquired, less liabilities assumed. The Company's fair value estimates for the allocation of the merger consideration, including the value of in-process research and development, may change during the allowable allocation period, which is up to one year from the merger date, if additional information becomes available.

Non-cash, share-based compensation included in operating expenses for the third quarter and nine months ended September 30, 2007 was $5.1 million and $8.4 million, respectively, as compared to $1.6 million and $4.3 million for the same periods in 2006. The substantial increase in share-based compensation was attributable to non-recurring charges related to modification of awards for certain former executives in connection with the merger with Celunol, as well as share-based compensation charges related to additional options and awards granted to Celunol employees in connection with the merger.

Company Highlights and Accomplishments

Biofuels Business Unit

Over the last quarter, the Company continued to make important progress at its Jennings site with both the pilot plant, as one of the first and only operational cellulosic ethanol R&D facilities in the country, as well as with its demonstration-scale plant, which is now more than 50 percent through its construction phase. Both of these facilities are designed to utilize locally- sourced and low-cost sugarcane bagasse as a primary feedstock for testing and ethanol production. As discussed last quarter, the Jennings site is being developed as a Cellulosic Center of Excellence that will be available to test an array of feedstocks and enzyme cocktails, a
'/>"/>

SOURCE Verenium Corporation
Copyright©2007 PR Newswire.
All rights reserved

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

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:6/30/2015)... Provo, UT (PRWEB) , ... June 30, 2015 , ... Ticket Down is a reliable ... LaVell Edwards Stadium in Provo, Utah. This legendary band has been packing venues for ... years. They have also released more than 20 albums in their career. While Journey ...
(Date:6/30/2015)... ... June 30, 2015 , ... The Blue Cross and Blue Shield ... projects across the state. The projects improve community health by focusing on the social ... and many are renewable for a second year in 2016 based on progress in ...
(Date:6/30/2015)... ... 30, 2015 , ... Trenton Health Team has been certified by the New ... (ACO) in the State, serving the greater Trenton community. The ACO pilot is ... draws on the collaborative structure of THT, bringing together the vast majority of Trenton’s ...
(Date:6/30/2015)... FL (PRWEB) , ... June 30, 2015 , ... According ... doubled from 2007 to 2013 while heroin-related deaths more than tripled in the same ... threat (1). Novus Medical Detox Center , a leading Florida-based drug treatment facility, ...
(Date:6/30/2015)... ... ... Broadway by the Sea posted its newest YouTube video today, “Broadway by ... the care center as a five-star location based on a comprehensive evaluation of facilities ... firsthand look at the facility’s satisfied residents. , “In this new video, we ...
Breaking Medicine News(10 mins):Health News:Journey Tickets at The Stadium of Fire at Lavell Edwards Stadium in Provo, Utah: Ticket Down Slashes Ticket Prices for Journey on the 4th of July in Provo 2Health News:Blue Cross and Blue Shield of Minnesota Foundation Awards $1.5 Million 2Health News:Trenton Health Team Certified as Medicaid Accountable Care Organization 2Health News:Trenton Health Team Certified as Medicaid Accountable Care Organization 3Health News:Novus Medical Detox Center Urges Education and Action as New DEA Report Reveals Rising Heroin Use and Deaths 2Health News:Novus Medical Detox Center Urges Education and Action as New DEA Report Reveals Rising Heroin Use and Deaths 3Health News:Novus Medical Detox Center Urges Education and Action as New DEA Report Reveals Rising Heroin Use and Deaths 4Health News:Broadway by the Sea Video Promotes Top Quality Service 2
... AHS ), the nation,s largest healthcare staffing company, is ... 2:40 p.m. Eastern Time at the Bank of America and Merrill ... in New York City, and on Thursday, May 14, 2009 at ... Stock Conference taking place at the Four Seasons Hotel in Chicago, ...
... CAPE TOWN, South Africa, May 6 ... substantial challenges, including vast inequalities in access ... for serving approximately 85.0% of the population, ... healthcare spend.(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO )Public-private partnerships ...
... to mid-sized medical device makers can do from a ... products. Download Report Here It provides an ... definition of software innovation is in this new market. ... they could impact small to mid-sized medical device makers ...
... Sports Nutrition,s newest product innovation is L-Tox, for advanced liver support. ... protective and regenerative factors. , ... Anaheim, California (PRWEB) ... www.fda.gov issued a stop product use directive on May ...
... Executives, annual conference in San Antonio, Texas, the newest recipient of ... L. Bertram, RN, MBA, NEA-BC, FAAN, vice president and chief nursing ... , ... Lenexa, Kan. (PRWEB) May 6, 2009 -- At ...
... Continuity, Continued Growth Seen in Election ResultsOAKLAND, Calif., ... growth and growing influence for the nation,s largest ... of the California Nurses Association/National Nurses Organizing Committee ... resoundingly re-electing a four-nurse Council of Presidents and ...
Cached Medicine News:Health News:AMN Healthcare Services to Present at the Bank of America and Merrill Lynch 2009 Health Care Conference and at the Robert W. Baird 2009 Growth Stock Conference 2Health News:South Africa not Gaining the Full Benefit of PPPs in the Healthcare Sector, Says Frost & Sullivan 2Health News:South Africa not Gaining the Full Benefit of PPPs in the Healthcare Sector, Says Frost & Sullivan 3Health News:For Medical Device Makers, Full Spectrum Software Releases Software Technology Report Called How to Survive in 2009 and Beyond 2Health News:Max Muscle Sports Nutrition Offers Support for Hydroxycut Recall 2Health News:Max Muscle Sports Nutrition Offers Support for Hydroxycut Recall 3Health News:Bertram Receives Organizational Innovation Award at AONE Conference -- Award Sponsor B. E. Smith Also Announces Funding for Three Seed Grants 2Health News:Bertram Receives Organizational Innovation Award at AONE Conference -- Award Sponsor B. E. Smith Also Announces Funding for Three Seed Grants 3Health News:CNA/NNOC Re-Elects Council of Presidents 2
(Date:6/30/2015)... June 30, 2015 Today, UBM China, a ... agreement with Chengdu Tianyi Exhibition Co., Ltd. to jointly ... is to be held concurrently with CWMEE 2016. ... healthcare exhibition family, following MEDTEC China and DENTECH China, ... in west China. It,s also another concrete cooperative project ...
(Date:6/30/2015)... und KOPENHAGEN, Dänemark, 30. Juni 2015 /PRNewswire/ ... Weltmarktführer der klinischen und kommerziellen Produktion von ... heute bekannt, dass das Unternehmen im Rahmen ... der nordamerikanischen Produktionsanlage in Bothell, ... Einweg-Anlage Bioreactor 6Pack™ komplettiert hat. Die Konfiguration ...
(Date:6/30/2015)... 2015  EnteroMedics Inc. (NASDAQ: ETRM ), a ... to treat obesity, metabolic diseases, and other gastrointestinal disorders, ... of 40,229,886 units. Each unit consists of one share ... to purchase one share of common stock, and 0.50 ... of common stock, at a purchase price of $0.87 ...
Breaking Medicine Technology:UBM Joins Chengdu Tianyi to Hold CWMEE 2016 2UBM Joins Chengdu Tianyi to Hold CWMEE 2016 3CMC Biologics baut GMP-Produktionskapazität in den USA aus 2CMC Biologics baut GMP-Produktionskapazität in den USA aus 3EnteroMedics Inc. Announces Pricing of $35.0 Million Public Offering of Common Stock and Warrants 2EnteroMedics Inc. Announces Pricing of $35.0 Million Public Offering of Common Stock and Warrants 3
... Inc. (Nasdaq: OPTR ) today announced it expects ... after the NASDAQ Global Market closes on Thursday, March 10, ... that day at 4:30 p.m. Eastern Time (1:30 p.m. Pacific ... fourth quarter and full year 2010, as well as provide ...
... CRANBURY, N.J., March 3, 2011 Palatin Technologies, Inc. (NYSE ... Food and Drug Administration (FDA) has cleared Palatin,s request to ... New Drug (IND) application using a subcutaneously administered formulation of ... acute exacerbations of asthma. "We are excited ...
Cached Medicine Technology:Optimer Pharmaceuticals to Host Conference Call and Webcast to Discuss Fourth Quarter and Full Year 2010 Financial Results 2FDA Clears Palatin Technologies' IND Filing to Commence Clinical Studies for Asthma 2
... assayed hematology control, offers complete assay values ... with the Coulter GENS, STKS, MAXM and ... stability, 105-day closed-vial stability and is available ... 4.0ml pierceable cap vial is compatible with ...
Antelys Peek Lumbar Technologies provides a range of varied heights and angles to correct lumbar lordosis and the associated sagital balance....
Spectrum Dynamics empowers Nuclear Imaging with the SmartR Technology,of the D-SPECT Cardiac Imaging System. The D-SPECT is powered by BroadView Technology to provide unprecedented throughput, whil...
For immediate disabling...
Medicine Products: