Navigation Links
Cell Therapeutics, Inc. (CTI) Reduces Net Loss for Third Quarter and Nine Months Ended September 30, 2012 Compared to Same Periods in 2011
Date:10/31/2012

SEATTLE, Nov. 1, 2012 /PRNewswire/ -- Cell Therapeutics, Inc. ("CTI" or the "Company") (NASDAQ and MTA: CTIC) today reported financial results for the third quarter of 2012 and recent accomplishments.

Financial ResultsThird Quarter Results

For the quarter ended September 30, 2012, total operating expenses were $14.7 million compared to $15.3 million for the same period in 2011. Net loss attributable to common shareholders was $20.2 million ($0.38 per share) for the quarter ended September 30, 2012 compared to a net loss attributable to common shareholders of $29.7 million ($0.80 per share) for the same period in 2011. The decrease in net loss attributable to CTI's common shareholders is primarily due to a decrease in non-cash deemed dividends on preferred stock issuances. The decline in dividends and deemed dividends on preferred stock between the comparable periods is attributable to the total dollar amounts of the equity offerings completed.

Nine-Month Results

For the nine months ended September 30, 2012, total operating expenses were $82.2 million compared to $52.3 million for the same period in 2011. Most of the increase in operating expenses is primarily related to the $29.1 million acquired in-process research and development expense related to the acquisition of pacritinib from S*BIO Pte Ltd. in 2012.  Net loss attributable to common shareholders was $96.2 million ($2.12 per share) for the nine months ended September 30, 2012 compared to a net loss attributable to common shareholders of $103.2 million ($3.11 per share) for the same period in 2011. The decrease in net loss attributable to CTI's common shareholders is primarily due to a decrease in non-cash deemed dividends on preferred stock issuances. The decline in dividends and deemed dividends on preferred stock between the comparable periods is attrib
'/>"/>

SOURCE Cell Therapeutics, Inc.
Copyright©2012 PR Newswire.
All rights reserved

0

GOOD

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

Related medicine technology :

1. Cell Therapeutics, Inc. (CTI) Appoints Former Managing Director, Head of West Coast Biotechnology for Oppenheimer/CIBC Matthew J. Plunkett Executive Vice President, Corporate Development
2. Cell Therapeutics, Inc. Reports Results of Annual Meeting of Shareholders
3. Zenobia Therapeutics, Inc. And BioBlocks, Inc. Announce Sale Of A Joint Fragment Library Ideal For Screening By All Popular Methods
4. Cell Therapeutics, Inc. (CTI) to Report First Quarter Financial Results on April 20
5. Clinical Study: Dietary Supplement SagaPro Reduces Frequent Urination
6. Auxilium Pharmaceuticals, Inc. Raises Revenue Guidance And Reduces Net Loss Guidance For 2012
7. BioElectronics ActiPatch Reduces Muscle Soreness in Runners
8. Solos Endoscopy Reduces Liabilities by More than $570,000
9. Soy-Based S-equol Supplement Reduces Hot Flash Frequency, Muscle And Joint Pain In U.S. Postmenopausal Women
10. Clinical Trial at Evergreen Healthcare Shows Intestinal Gel Reduces Symptoms of Advanced Parkinsons Disease
11. Hanger Reports Earnings of $0.50 Per Diluted Share for the Third Quarter 2012
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2013)... May 24, 2013  Sinovac Biotech Ltd. (NASDAQ: ... biopharmaceutical products in China , ... company of Sinovac, obtained the Certificate of Good ... the China State and Food Administration (CFDA) for ... plants, and its Changping filing and packaging facility. ...
(Date:5/23/2013)... de mayo de 2013  Volcano Corporation (NASDAQ: ... fabricante de herramientas de precisión para terapia guiadas ... la enfermedad vascular periférica y coronaria, anunció hoy ... enosine V asodilator I ndependent ... sesión de ensayo clínico hot line late breaking ...
(Date:5/23/2013)... WASHINGTON , May 23, 2013 Hearing health ... active, feel younger, and remain socially and professionally engaged, he ... is the overriding message that the Better Hearing Institute ... support of National Men,s Health Week , which leads ... Health Week runs from June 10 through June 16. ...
Breaking Medicine Technology:Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 2Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 3Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 2Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 3Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 4Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 5Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 6Men Who Want to Stay Active, Feel Younger, and Remain Socially and Professionally Engaged Should Address Hearing Loss, BHI Advises 2Men Who Want to Stay Active, Feel Younger, and Remain Socially and Professionally Engaged Should Address Hearing Loss, BHI Advises 3Men Who Want to Stay Active, Feel Younger, and Remain Socially and Professionally Engaged Should Address Hearing Loss, BHI Advises 4
... DIEGO, March 31, 2011 Accumetrics, Inc., developer of ... system for measuring platelet reactivity to multiple antiplatelet agents, ... testing has been incorporated into the updated 2011 ACCF/AHA ... The Guidelines, published online in the Journal ...
... Calif., March 31, 2011 NewCardio, Inc., (OTC Bulletin ... developer, announced today that the Company has been invited ... performance study at an upcoming conference entitled "Cardiovascular Safety ... Food and Drug Administration (FDA), the Cardiac Safety Research ...
Cached Medicine Technology:2011 ACCF/AHA Guidelines Incorporate New Recommendation for Platelet Reactivity Testing 22011 ACCF/AHA Guidelines Incorporate New Recommendation for Platelet Reactivity Testing 3NewCardio Invited to Present Latest QTinno Performance Improvements at FDA-Sponsored Conference on Cardiovascular Safety in Drug Development 2NewCardio Invited to Present Latest QTinno Performance Improvements at FDA-Sponsored Conference on Cardiovascular Safety in Drug Development 3NewCardio Invited to Present Latest QTinno Performance Improvements at FDA-Sponsored Conference on Cardiovascular Safety in Drug Development 4NewCardio Invited to Present Latest QTinno Performance Improvements at FDA-Sponsored Conference on Cardiovascular Safety in Drug Development 5NewCardio Invited to Present Latest QTinno Performance Improvements at FDA-Sponsored Conference on Cardiovascular Safety in Drug Development 6
(Date:5/24/2013)... 24 (HealthDay News) -- People with high levels of ... die of liver disease than those with lower levels, ... cadmium in urine is evidence of long-term exposure to ... and tobacco smoke, the Johns Hopkins researchers explained. ... cadmium directly causes liver disease but instead suggest an ...
(Date:5/24/2013)... 6Webs.com has educated thousands of buyers on what ... monitoring provider. The easy to read reviews and ... prefer for unbiased and impartial home security reviews. 6Webs.com ... wireless home security system providers in the nation. The ... of key factors including reliability, technology and equipment. ...
(Date:5/24/2013)... (PRWEB) May 24, 2013 According to a ... Facebook: Social Media Leads to Spikes in Plastic Surgery ... is a growing prevalence of facial plastic surgery ... These people have become keenly aware of the need to ... such as Facebook, Google and even Skype's video chat feature ...
(Date:5/24/2013)... BEACH, CA (PRWEB) May 24, 2013 ... health care education community, proudly participated in festivities surrounding ... April 19-21. The event provided the perfect backdrop to ... facilities at 236 E. 3rd Street, housed in an ... Arts Building. , ACC was an active exhibitor throughout ...
(Date:5/24/2013)... May 24 (HealthDay News) -- The number of ... after spending time in an emergency room has ... research. The study, conducted by researchers at ... and Health Services in Washington, D.C., found that ... on average before being admitted to the ICU. ...
Breaking Medicine News(10 mins):Health News:High Cadmium Levels May Raise Risk for Dying From Liver Disease: Study 2Health News:2013 Best Wireless Security System Providers Reported by 6Webs.com 2Health News:Facebook and Google – Is Social Media Driving Demand for Plastic Surgery? 2Health News:American Career College Revs Up Community Support During Toyota Grand Prix of Long Beach 2Health News:Sharp Rise in ICU Admissions From U.S. Emergency Rooms 2
... ... ... guru. And he’s not selling a philosophy, a religion, or telling you how to live. ... surrounding this young Croatian have spawned hundreds of thousands all over Europe lining up hours to ...
... less likely than Caucasians and men to undergo bone ... is the conclusion of a new analysis published early ... the American Cancer Society. The study,s results indicate that ... in access to bone marrow transplantation and also that ...
... study authors say , SUNDAY, May 23 (HealthDay News) ... face double the risk of becoming infected themselves when ... finding is slated for presentation Sunday at the International ... launched in Botswana, Kenya, Rwanda, South Africa, Tanzania, Uganda ...
... , ... Essence of Innovation and Survival , ... Placentia, CA (Vocus) May 23, 2010 -- Xlibris, the world’s leading print-on-demand self-publishing services ... the deck of creativity and innovation, a new book authored by Ralph M. Frid, Ph.D., ...
... New ... ... and interested individuals are in for an informative read as author Jerrold E. Kemp releases, ... book will help readers achieve a healthy long life., , ,Live Healthy At Any Age ...
... ... at The Balancing Act discovered that killing nasty germs has just become a ... run around with a can of disinfectant spraying everything is sight. Let’s ... Act, along with special guest Dr. Bob Arnot Thursday, May 27th at 7:00am ...
Cached Medicine News:Health News:Regular Guy "Braco" Healing Masses in Europe 2Health News:African-Americans and women are less likely to undergo bone marrow transplantation 2Health News:Female-to-Male HIV Transmission Risk Doubles During Pregnancy 2Health News:Xlibris Releases Trumping the Red Queen 2Health News:Xlibris Releases Trumping the Red Queen 3Health News:The Secret on How to Live Healthy at Any Age 2Health News:O2 Media's Hit Morning Show ‘The Balancing Act' Welcomes Dr. Bob Arnot to the Program 2
... of the osteotomy staples is quite similar to the ... the inner position of the anti recoil contours and ... There are 3 kinds of staples: 1. ... the staples can have 3 different widths: 20mm, 26 ...
The base of the staple is round and threaded to enable screwing onto the stapler. The base also has spikes. The legs of the staple are contoured to prevent the staple from backing out....
... is a medium viscosity bone cement which ... shoulder implant fixation. VersaBond has superior handling ... vacuum mixing, but can also be hand-mixed ... clumping. VersaBond meets customer needs by working ...
... Cement consists of a two ... bone cement liquid within a ... polyethylene bag,containing bone cement powder ... interiors of the blister pack,and ...
Medicine Products: