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Nektar Therapeutics Reports Third Quarter 2011 Financial Results


(3,388)(4,989)Other assets

(1,750)1Accounts payable

(4,200)1,755Accrued compensation

2,508500Accrued expenses

6,2384,090Accrued clinical trial expenses

1,468(1,408)Deferred revenue

(12,320)(83,107)Other liabilities

(2,681)(2,049)Net cash used in operating activities

$   (71,528)$ (76,278)Cash flows from investing activities:Purchases of investments

(627,529)(315,160)Sales of investments

218,66010,290Maturities of investments

290,810360,906Purchases of property and equipment

(8,294)(22,160)Net cash (used in) provided by investing activities

$ (126,353)$  33,876Cash flows from financing activities:Payments of loan and capital lease obligations

(1,431)(1,119)Issuance of common stock, net of issuance costs

224,0727,142Net cash provided by financing activities

$  222,641$
,023Effect of exchange rates on cash and cash equivalents

493(312)Net increase (decrease) in cash and cash equivalents

25,253$ (36,691)Cash and cash equivalents at beginning of period

17,75549,597Cash and cash equivalents at end of period

43,008$  12,906

SOURCE Nektar Therapeutics
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Related medicine technology :

1. Nektar Commences Phase 2 Clinical Development Program for NKTR-102 (PEG-Irinotecan) in Colorectal Cancer
2. Nektar Commences Phase 2 Trial of NKTR-118 (oral PEG-naloxol) Evaluating Efficacy and Safety as Treatment for Opioid-Induced Bowel Dysfunction
3. Nektar Terminates All Negotiations With Potential Partners for Inhaled Insulin; Increased Number of Lung Cancer Cases Observed in Ongoing Clinical Studies of Inhaled Insulin Patients
4. Nektar Therapeutics to Present Positive Data at Upcoming Medical and Scientific Meetings
5. Nektar to Webcast Presentation of Phase 1 Clinical Results for Lead Small Molecule PEG-Oncolytic Program, NKTR-102 (PEG-irinotecan)
6. Nektar Announces Expanded Phase 2 Clinical Development Plan For NKTR-102 (PEG-irinotecan)
7. Nektar Announces Positive Results from Phase 2 Study of Oral NKTR-118 in Patients with Opioid-Induced Constipation (OIC)
8. Nektar Therapeutics Reports Second Quarter 2009 Financial Results
9. Nektar Presents Data Demonstrating Favorable Oral Bioavailability and Drug-Drug Interaction Profile for NKTR-118
10. Nektar Therapeutics Promotes Lorianne Masuoka, M.D. to Senior Vice President and Chief Medical Officer
11. Nektar Presents New Preclinical Data on NKTR-181 at Anesthesiology 2010
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