Navigation Links
Nephros Reports First Quarter 2012 Financial Results
Date:5/15/2012

RIVER EDGE, N.J., May 15, 2012 /PRNewswire/ -- Nephros, Inc. (OTC Bulletin Board: NEPH), a global medical device company developing and marketing filtration products for therapeutic applications, infection control, and water purification, announced today financial results for the three months ended March 31, 2012.

Recent Highlights

  • Received FDA 510(k) clearance to market hemodiafiltration system in U.S.
  • Executed strategic license and supply agreement with Medica S.p.A.
  • Received scheduled euro 750,000 payment from Bellco S.r.l. under licensing agreement for mid-dilution dialysis product, contributing to a positive cash flow quarter
  • Decreased mid-dilution ("MD") product revenue from $402,000 to $0 as a result of Licensing Agreement with Bellco S.r.l.
  • Increased gross margin in the first quarter to 58% from 29% in the prior year period as a result of licensing revenue from Bellco Agreement
  • Increased ultrafiltration product revenues to approximately $243,000, an increase of 69% from prior year period
  • Presented Individual Water Treatment/Purification Device (UF-40 ultrafilter) at Camp Lejeune as part of the Military's Experimental Forward Operating Base (ExFOB) demonstration and assessment event
  • Hired John C. Houghton as President & CEO
  • Hired Shane Sullivan as Director of U.S. Sales
  • "The first quarter of 2012 was highly productive for Nephros, and the company has continued its momentum into the second quarter," said John C. Houghton, President and CEO of Nephros.  "The licensing and supply agreement with Medica has secured our ultrafiltration product line, and the recent FDA clearance to market our hemodiafiltration system in the U.S. provides Nephros with another significant asset.  Excellent groundwork has been laid to position Nephros for long-term growth a
    '/>"/>

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

    Page: 1 2 3 4 5 6 7 8

    Related medicine technology :

    1. Nephros Completes Pivotal U.S. Clinical Trial for its Hemodiafiltration Products
    2. Nephros Reports 2009 Third Quarter Financial Results
    3. Nephros Signs Canadian Distribution Agreement with Bellco Health Care Inc.
    4. Nephros Signs Development Agreement with STERIS
    5. Nephros Reports 2010 First Quarter Financial Results
    6. Nephros and AmeriWater Announce Dual Stage Ultrafilters to be a Standard Component of MRO Series Water Treatment Systems
    7. Nephros Receives Formal Response from FDA for 510(k) Application for Hemodiafiltration System
    8. Nephros Reports 2010 Second Quarter Financial Results
    9. Nephros Completes Bridge Financing and Announces Stockholder Rights Offering
    10. Nephros Reports 2010 Third Quarter Financial Results
    11. Nephros Rights Offering Registration Statement Declared Effective
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:4/24/2015)... 24, 2015 Research and Markets ( ... "Global Biobanking Market 2015-2019" report to their offering. ... to grow at a CAGR of 7.07% over the ... be divided into two segments: Equipment and Consumables. This ... of the Global Biobanking market for the period 2015-2019. ...
    (Date:4/24/2015)... -- Introduction of new "Elements" ... for radiosurgery/SBRT   The "Elements" strategy ... the workflow for difficult to treat indications in ... comes full circle with the introduction of automated ... enable on-the-fly generation of consistent treatment plans for ...
    (Date:4/24/2015)... April 24, 2015 The National Institute ... the National Institutes of Health [NIH])  provided grants ... projects for the development of diagnostic tests for ... outbreaks at U.S. health facilities , the NIAID ... rapid, multiplexed and effective tests using alternative methods ...
    Breaking Medicine Technology:Global Biobanking Market Report 2015-2019 - Increase in Strategic Collaborations with Beckman Coulter, Tecan & Thermo Fischer Scientific Dominating 2Brainlab Introduces New Generation of VMAT* for Brain and Spine at 3rd ESTRO in Barcelona 2Kalorama: NIAID Rewards HAI Innovators with Grants 2Kalorama: NIAID Rewards HAI Innovators with Grants 3Kalorama: NIAID Rewards HAI Innovators with Grants 4
    (Date:4/25/2015)... 2015 Gardant Management Solutions will ... and operations, and sales and marketing at the ... to be held from April 29 through May ... the largest eldercare association in Illinois. The statewide ... older adults, including senior housing, assisted living and ...
    (Date:4/25/2015)... OR (PRWEB) April 25, 2015 Sports controversies continue ... within team confines, as was the case with the Miami Dolphins ... team as seen in the Ray Rice domestic abuse case. In ... of Sporting News discusses the implications of locker room culture ... response and what other teams should do to improve the locker ...
    (Date:4/24/2015)... Bird B Gone, the leader in bird ... a complete line of bird control solutions to address the ... Flu Strains Threaten Pacific, Central and Mississippi Farms , According ... a number of highly pathogenic avian flus in the Pacific, ... spread when wild birds enter poultry farms. The USDA urges ...
    (Date:4/24/2015)... 24, 2015 As the nation recognizes ... unique sacrifices of these young men and women, the ... Veterans and their Families” presents a special training session ... to gain a better understanding of the effect of ... For those – civilian and military – who provide ...
    (Date:4/24/2015)... 2015 The Fastest Fat Loss Week Ever, ... success of the Xtreme Fat Loss Diet, has been causing ... loss blueprint that claims to help one lose belly fat ... Stan Stevenson, prompting an investigative review. , "Our Fastest ... spent years researching and experimenting with these methods on their ...
    Breaking Medicine News(10 mins):Health News:Gardant Management Solutions Staff Shares Operational Expertise 2Health News:David Steele Discusses Locker Room Culture on SCI TV 2Health News:David Steele Discusses Locker Room Culture on SCI TV 3Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 2Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 3Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 4Health News:Coalition Presents Resiliency Training to Raise Awareness during Month of the Military Child (#MOTMC2015) 2Health News:Fastest Fat Loss Week Ever Review Revealed on Healthy & Fit Zone 2
    ... The Central government of India plans to come out ... of technologies discovery by Indian universities //and research institutions ... ,The proposed legislation would give Indian universities and institutions ... CSIR the ability to stake claims on discoveries they ...
    ... more than $10 billion. The drug is prescribed ... of cardiovascular// disease and diabetes and those with ... conducting raids at some wholesale locations British authorities ... Lipitor . Officials are also contacting 20,000 pharmacy ...
    ... Researchers have discovered the protein that enables the malaria ... findings, which were published in the journal Cell, will ... disease of malaria.// ,A major pathway through which ... of a protein on the surface of merozoites called ...
    ... Cocoa compounds have various uses , it can be marketed ... pharmaceuticals.// ,Researchers now say they have been able ... and now have an impressive library of different flavonols. They ... those found in nature but also compounds tailored to specific ...
    ... be keeping patients on urinary catheters longer than necessary, ... infections, said a new study published in the Joint ... says that a simple reminder note put by the ... ,Research showed that about 25 percent of hospital ...
    ... extend the lifespan of many species through Sir2 gene.//, ... University of California, Davis, screened for genes that could ... study published today in the advance online edition of ... not live longer when subjected to calorie restriction, suggesting ...
    Cached Medicine News:Health News:Researchers Discover Protein That Causes Malaria 2Health News:Patients Are Given Catheter Longer Than Necessary 2Health News:Genes to Extend Longevity Discovered 2
    Inquire...
    ... Optimal for Subcellular Fractionation, Proteins ... g (30,000 rpm) with fixed-angle ... 0.25 up to 85 mL ... C to 40° C • ...
    ... Series is up to 10 inches/ 25 cm thinner ... rotors, the Allegra X-22 Series is the space-saving multipurpose ... 18 inches / 46 cm wide • 11 Rotor ... 3 different ways to Spin 1.5 mL & PCR+ ...
    ... is up to 10 inches/ 25 cm thinner than ... the Allegra X-22 Series is the space-saving multipurpose solution ... inches / 46 cm wide • 11 Rotor Library ... different ways to Spin 1.5 mL & PCR+ Tubes: ...
    Medicine Products: