Navigation Links
Bacterin Second Quarter 2011 Revenues up 135% Over Prior Year, Driving First Positive EBITDA Quarter
Date:8/11/2011

BELGRADE, Mont., Aug. 11, 2011 /PRNewswire/ -- Bacterin International Holdings, Inc. (NYSE Amex: BONE), a leader in the development of revolutionary bone graft material and antimicrobial coatings for medical applications, reported results for the second quarter ended June 30, 2011.

Financial Highlights: Q2 2011 vs. Q2 2010

  • Revenues up 135% to record $7.5 million, marking seventh consecutive quarter of record revenues.
  • Net loss improved by $1.6 million to $405,000 or $(0.01) per share.
  • Reported first positive EBITDA quarter of $35,000, as compared to EBITDA loss of $930,000 in the second quarter of the prior year.

  • Q2 Operational Highlights

  • Launched third human acellular biological scaffold, hMatrix®, an acellular dermal scaffold, which Bacterin plans to initially market for homologous use indications, including abdominal wall repair, breast reconstruction, and wound covering – an addressable market the company estimates exceeds $2.5 billion annually in the U.S.
  • Signed second national group purchasing organization contract for Bacterin Biologics and first for Elutia® Wound Drains with ROi, a recognized leader in health care supply chain management for hospitals and medical practices.
  • Raised approximately $3 million in private placement offering.
  • Joined Russell 3000, Russell Microcap, and Russell Global Indexes.

  • Q2 2011 Financial ResultsRevenues for the quarter increased 25% sequentially to a record $7.5 million from $6.0 million in the previous quarter, and up 135% compared to $3.2 million in the second quarter of 2010. For the first half of 2011, revenues totaled a record $13.5 million, up 128% versus $5.9 million in the same period in 2010. The increase in revenue is primarily attributable to the continued broader use of the company's biological products, a
    '/>"/>

    SOURCE Bacterin International, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9

    Related medicine technology :

    1. Bacterin International Completes $3 Million Private Placement
    2. Bacterin International Introduces OsteoSelect(R) DBM Putty
    3. Bacterin International Secures Three-Year Agreement to Distribute Biologic Products to Broadlanes Network of Over 6,000 Medical Facilities
    4. Bacterin International Holdings, Inc. Completes Merger and $7.5 Million Raise
    5. Bacterin International Holdings, Inc. to Present at the 6th Annual Fall Growth Stock Conference Hosted by Security Research Associates, Inc.
    6. Bacterin International to Present at Singular Research 5th Annual Best of the Uncovereds Conference
    7. Bacterin International Holdings, Inc. Schedules Conference Call to Present Third Quarter 2010 Financial Results
    8. Bacterin International Holdings, Inc. Reports Third Quarter 2010 Financial Results
    9. Bacterin International Holdings to Present at the OneMedForum San Francisco 2011
    10. Bacterin International to Announce Launch of OsteoSponge®SC at American Academy of Orthopedic Surgeons 2011 Annual Meeting February 15-19
    11. Bacterin International Announces Major Orthopedic Hospital Group to Begin Use of OsteoSponge®SC
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/21/2014)... , Aug. 21, 2014   Memorial Hermann Health ... Cancer Center today announced a new partnership to provide ... of community breast care centers in the greater ... MD Anderson will become the exclusive provider of professional breast ... centers, located in Memorial City, The Woodlands ...
    (Date:8/21/2014)... , Aug. 21, 2014  Publicis Groupe customer ... , Managing Partner and Healthcare Industry Group Leader, has ... which recognizes the most inspiring people in the life-sciences ... in research and development, marketing, technology, creativity, strategy and ... 2006 as a partner in its leading Rosetta Consulting ...
    (Date:8/21/2014)... , N.Y. and HAMBURG, Germany , Aug. ... it is collaborating with Deutsches Elektronen-Synchrotron ( DESY ), ... , to speed up management and storage of ... Data and Analytics architecture based on IBM software ... second of data at peak performance and help scientists ...
    Breaking Medicine Technology:Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 2Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 3Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 4Shannon Hartley Shines in PharmaVOICE 100 2DESY and IBM Develop Big Data Architecture for Science 2DESY and IBM Develop Big Data Architecture for Science 3
    ... HeartWare International, Inc. (NASDAQ: HTWR, ASX:HIN) has scheduled a ... three and 12 months ended December 31, 2011, at ... 16, 2012 (being midnight Australian Eastern Daylight Time, between ... to release the financial results prior to the conference ...
    ... 2012  After only three years in business, 89 North ... Society for Optics and Photonics (SPIE) on Jan. 25. ... of  "Life Sciences and Biophotonics." The new ... and exceptionally stable new light source used for quantitative ...
    Cached Medicine Technology:HeartWare Schedules Fourth Quarter Conference Call and Webcast 289 North Wins Prestigious International Award 2
    (Date:8/21/2014)... environmental source of fungal infections that have been sickening ... grows on trees. , The discovery is based on ... the summer gathering soil and tree samples from areas ... fungus named Cryptococcus gattii (CRIP-to-cock-us GAT-ee-eye). ... of species including C. gattii , causes life-threatening ...
    (Date:8/21/2014)... Black mothers are less likely than white moms to ... Hospitals in neighborhoods with many black residents do less ... white residents, a U.S. government study finds. Key ... medical centers where the black population is higher than ... and Prevention reported Thursday. These practices include efforts ...
    (Date:8/21/2014)... Aug. 21, 2014 (HealthDay News) -- Among seniors, dimming ... The study involved more than 2,500 people, aged 65 ... study and again two, six and eight years later. ... the person,s risk of death during the study period, the ... effect, researchers led by Sharon Christ of Purdue University in ...
    (Date:8/21/2014)... New York (PRWEB) August 21, 2014 ... against C.R. Bard, Inc. continue to move forward ... District Court, Southern District of West Virginia, Bernstein ... issued on August 14th, the Court has established ... that requires special handling, division, storage and preservation. ...
    (Date:8/21/2014)... on her body in terms of how it can ... complete human being with thoughts and feelings. While objectification ... how does it affect individual romantic relationships? New research ... SAGE journal, finds that more objectification of a female ... pressure and coercion., Researchers Laura R. Ramsey and Tiffany ...
    Breaking Medicine News(10 mins):Health News:Fungus deadly to AIDS patients found to grow on trees 2Health News:Racial Disparities in Breast-Feeding May Start With Hospitals, Study Suggests 2Health News:Failing Vision Tied to Shorter Lifespans for Seniors 2Health News:Transvaginal Mesh Lawsuits Move Forward in Federal C.R. Bard Litigation with Issuance of New Pretrial Order, Bernstein Liebhard LLP Reports 2Health News:Transvaginal Mesh Lawsuits Move Forward in Federal C.R. Bard Litigation with Issuance of New Pretrial Order, Bernstein Liebhard LLP Reports 3Health News:Objectification in romantic relationships related to sexual pressure and coercion 2
    ... analyzing a sample of over 275,000 individuals, has found ... one size does not fit all. , Our study ... and if a person wants to be physically active, ... of Alberta. It is clear that different genders, ethnicities ...
    ... Day is a,time to celebrate healthy relationships and this ... Give Back A Smile,(GBAS) program celebrates that and so ... time and expertise pro bono to help,restore the smiles ... than 600 GBAS cases have been completed for a ...
    ... that exercise-trained mice get far fewer gallstones than sedentary ... occurs. , The study, recently published in the ... http://jap.physiology.org/cgi/reprint/01292.2007v1 . , For the first ... gallstone formation, adding to the ever-increasing number of reasons ...
    ... and Connects Physicians, ... Improves Quality Management, ... leading provider of clinical software, connectivity and,information solutions that ... has selected the Allscripts Electronic Health,Record (EHR) to connect ...
    ... has been awarded a $1.45 million five-year grant from ... factors that can minimize memory declines in middle-aged and ... behaviors that are tied to better memory and enhanced ... adults believe that memory declines are inevitable and there ...
    ... tracking the movement of,the prostate during radiation therapy ... Alliance. Featuring tiny GPS-type positioning transponders,implanted inside the ... in real time and alerts technicians if the ... the external beam of,radiation., The advantage of ...
    Cached Medicine News:Health News:Study: When it comes to physical activity, one size does not fit all 2Health News:Caring Give Back A Smile Volunteer Dental Professionals Donate Over $5 Million in Services to Survivors of Domestic Violence 2Health News:U of I study: exercise to avoid gallstones! 2Health News:Mankato Clinic Selects Allscripts Electronic Health Record 2Health News:Mankato Clinic Selects Allscripts Electronic Health Record 3Health News:Mankato Clinic Selects Allscripts Electronic Health Record 4Health News:Brandeis researcher awarded grant to investigate memory and aging 2Health News:GPS for the Prostate: System Keeps Radiation Therapy on Target 2
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    ... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
    Medicine Products: