Navigation Links
HeartWare International Reports Second Quarter 2011 Revenues of $20.4 Million; 109% Increase From $9.8 Million in Second Quarter 2010
Date:8/4/2011

n the second quarter of 2011."

Total operating expenses for the second quarter of 2011 were $20.2 million, compared to $15.2 million in the same period of 2010.  Research and development expense was $10.3 million for the second quarter of 2011, compared to $7.5 million in the same period of 2010, primarily attributable to the Company's ongoing Pre-Market Approval application process and increased expenditure on HeartWare's pipeline technologies, including the commencement of final preclinical testing for the next generation MVAD platform.  Selling, general and administrative expenses were $9.9 million in the second quarter of 2011, compared to $7.7 million in the second quarter of 2010.  The increase reflects continued corporate growth to support expanding commercialization activities outside of the U.S. and the need to support clinicians in a larger number of centers around the globe.

Net loss for the second quarter of 2011 was $10.1 million, or a $0.73 loss per basic and diluted share, compared to a $10.0 million net loss, or a loss of $0.73 per basic and diluted share, in the second quarter of 2010.  For the six months ended June 30, 2011, the Company recorded a net loss of $19.5 million, or a $1.40 loss per basic and diluted share, compared to a $14.5 million net loss, or a loss of $1.09 per basic and diluted share, in the first half of 2010.

At June 30, 2011, the Company's balance sheet showed $198.8 million in cash, cash equivalents and investments, compared to $217.5 million at December 31, 2010.  The decrease in cash, cash equivalents and investments in the six month period primarily reflects the purchase and manufacture of inventories of $7.5 million, the purchase of property, plant and equipment of $4.7 million and a semi-annual interest payment of $2.5 million related to the Company's convertible senior notes.

HeartWare will host a conference call on Thursday, August 4, 2011 at 5:00 p.m. U.S. Eastern Da
'/>"/>

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

0

GOOD

Page: 1 2 3 4 5 6

Related medicine technology :

1. Presentation of HeartWare Clinical Results
2. HeartWare International Clinical Trial Shows 90% Survival at 180 Days
3. U.S. FDA Authorizes Expansion to 40 Clinical Sites for HeartWare U.S. Bridge-to-Transplant Clinical Trial
4. HeartWare International Reports Third Quarter Revenues of $7.5 Million
5. HeartWare to Present at 21st Annual Piper Jaffray Health Care Conference in New York City
6. HeartWare to Present at the UBS 2010 Global Life Sciences Conference
7. HeartWare to Present at Lazard Capital Markets Circulatory Assist Device Day
8. HeartWare to Report Financial Results for Third Quarter of 2010
9. HeartWare International Reports Third Quarter 2010 Revenues of $13.8 Million; Compared to $7.5 Million in Third Quarter of 2009
10. HeartWare Bridge-to-Transplant Data Featured as Late Breaking Clinical Trial at American Heart Association Scientific Sessions 2010
11. HeartWare to Present at the Lazard Capital Markets 7th Annual Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2013)... 22, 2013  Healthcare providers are turning ... management (ECM) solution, for a deeper ... .  These organizations identified enterprise content management ... use OnBase to optimize their Meditech system ... (Logo:  http://photos.prnewswire.com/prnh/20090130/65710LOGO  ) ...
(Date:5/22/2013)... NEW YORK , May 22, 2013 ... Gross LLP is investigating claims on behalf of investors ... (NASDAQ: ISRG ) (CUSIP: 46120E602) who purchased ... April 18, 2013 (the "Class Period"). Such investors are ... at rswilloughby@pomlaw.com or 888-476-6529, ext. 237. ...
(Date:5/22/2013)... , May 22, 2013  MGT Capital Investments, ... will present at the Second Annual Marcum LLP MicroCap ... New York City at the Grand Hyatt ... Chief Executive Officer, will update investors and answer questions. ... The Company,s presentation is scheduled to begin at 9:30 ...
Breaking Medicine Technology:Three New Health Systems Integrate Hyland Software's OnBase with Meditech Hospital Information System 2Three New Health Systems Integrate Hyland Software's OnBase with Meditech Hospital Information System 3SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuitive Surgical, Inc. - ISRG 2MGT Capital Investments, Inc. To Present At The Second Annual Marcum LLP MicroCap Conference 2MGT Capital Investments, Inc. To Present At The Second Annual Marcum LLP MicroCap Conference 3MGT Capital Investments, Inc. To Present At The Second Annual Marcum LLP MicroCap Conference 4
... Macular ... ... privately held ophthalmic pharmaceutical company, announced today that,enrollment has been completed ... of its lead product, IBI-20089, in patients with,cystoid macular edema. This ...
... ... combination therapy High SVR 24 rate ... Schering-Plough,Corporation (NYSE: SGP ) today reported top-line results from a planned,interim ... protease inhibitor. The analysis showed a high rate of,sustained virologic response (SVR) ...
Cached Medicine Technology:Icon Bioscience Completes Enrollment in Phase I Study of Novel Ophthalmic Drug Candidate 2Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 2Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 3Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 4Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 5Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 6Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 7Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 8Top-Line Results of Boceprevir Phase II Study Showed High Rate of Sustained Response (SVR) in Genotype 1 Treatment-Naive Hepatitis C Patients 9
(Date:5/23/2013)... New York,NY (PRWEB) May 23, 2013 ... of efforts in beta testing regimes, Shopping Cart ... the ecommerce platform. Redsandmotorsports.com is an Arizona based online ... motorsport accessories. , “Addition of new stores to ... CEO of Shopping Cart Elite, Igor Soshkin. “We are ...
(Date:5/23/2013)... FindUrgentCare.com launched updates to its website to ... for patients. The new advanced feature allows patients to ... offered services, insurances accepted and hours of operation. This ... their search and receive targeted results to fit their ... to walk-in patients in a non-emergency, non-hospital setting. These ...
(Date:5/23/2013)... Greenville, North Carolina (PRWEB) May 23, 2013 ... proud to announce that all team members and ... renewal for a professional rescuer with an Automated ... Automated External Defibrillator (AED) is a medical device ... an electric shock to victims of ventricular fibrillation ...
(Date:5/23/2013)... 23, 2013 Great defined abs are the ... everyone strives to achieve in the gym yet so many ... not make this goal become a reality. Great abdominal muscles ... often time overlooked. Scott Tischler of Tischler Brothers Fitness explains ... achieve the goal of great abs. , 1.    Go to bed ...
(Date:5/23/2013)... PhD Box has introduced a service that will ... by offering assistance for Thesis Proposals. The proposal writing service ... the company provides for research consultation in various fields. ... service is that this is the stage where most students ... it difficult to draft a proposal as it is one ...
Breaking Medicine News(10 mins):Health News:Shopping Cart Software Provider, Shopping Cart Elite Officially Announces the Launch Of Redsandmotorsports.com 2Health News:Find Urgent Care Launches New Site Design and Functionality to Provide Advanced Search Options for Users in Need of an Urgent Care Clinic 2Health News:Find Urgent Care Launches New Site Design and Functionality to Provide Advanced Search Options for Users in Need of an Urgent Care Clinic 3Health News:Greenville Oral & Maxillofacial Surgeons Announce CPR Re-Certification 2Health News:Scott Tischler of Tischler Brothers Fitness Unveils the 4 Secrets to Getting Abs this Summer 2Health News:PhD Box Unveils Proposal Writing Services for Research Scholars 2
... FAST system to identify a stroke are now piloting an app ... the FAST acronym face, arms, speech and time which ... are now trying out an app to help people who have ... of treatment is most suitable for them. Its potential ...
... discovered the molecular pathway by which maternally inherited deafness ... cascade, resulting in programmed cell death. The study is ... Mitochondria are cellular structures that function as "cellular ... supply of energy. They contain DNA inherited from one,s ...
... cooling in sedated patients with septic shock is safe ... a new study from researchers in France. ... with severe sepsis remains a matter of controversy," said ... Mondor Hospital in Crteil, France. "In our study, external ...
... -- Most men who have surgery for prostate cancer can ... gland are not removed, according to a new study. ... number of his nerves that are spared will play a ... study followed 408 men who underwent a procedure to remove ...
... a group of medical students at Western University will ... educate students about their roles in interdisciplinary health teams. ... Dentistry began developing the board game as part of ... professionally reproduced for use in healthcare faculties at universities ...
... , THURSDAY, Feb. 16 (HealthDay News) -- Average medical ... more than $1,700 higher in the first year after stroke ... Researchers analyzed the medical records of 3,200 Medicare patients ... to the brain) stroke in 2004. They found that 12 ...
Cached Medicine News:Health News:Dash to help - new app to improve stroke treatment 2Health News:Dash to help - new app to improve stroke treatment 3Health News:How mitochondrial DNA defects cause inherited deafness 2Health News:Fever control using external cooling reduces early mortality in septic shock patients 2Health News: Nerve-Sparing Prostate Surgery Helps Men Retain Sexual Function 2Health News:Post-Stroke Speech Problems Inflate Cost of Treatment 2
... Aspheric Lens System can revolutionize your ... your cataract patients will want for ... contrast sensitivity. With a revolutionary aberration-free ... deliver superior optical performance to a ...
... configuration breaks through previous boundaries in ... coverage to improve diagnostic confidence, image ... of thin-slice coverage, the 64-channel broadens ... unprecedented coronary artery evaluation. The 64-channel ...
... is a cost-effective, office-based ultrasound system. It ... quality of our more expensive ProSound models ... maneuvering in small exam rooms., ,The SSD-3500 ... data management system (iDMS) enables easy storage ...
... Infectious Disease ELISA kits ... format. Also included in ... and negative controls, serum ... solution. Use an ELISA ...
Medicine Products: