Navigation Links
Nephros Reports Second Quarter 2011 Financial Results
Date:8/15/2011

RIVER EDGE, N.J., Aug. 15, 2011 /PRNewswire/ -- Nephros, Inc. (OTC Bulletin Board: NEPH) announced today financial results for the three months ended June 30, 2011.

Recent Highlights

  • Completed Licensing Agreement with Bellco S.r.l.;
  • Received first installment payment of euro 500,000 from Bellco S.r.l.;
  • Obtained U.S. FDA 510(k) approval for MSU and SSU;
  • Obtained approval to market Dual Stage Ultrafilters (DSU) in Canada;
  • Engaged DHR International for CEO recruitment; and
  • Submitted U.S. FDA 510(k) application for clearance of Hemodiafiltration System in U.S.

Financial Performance for the Second Quarter Ended June 30, 2011 (Unaudited)

For the quarter ended June 30, 2011, Nephros recognized net product revenues of approximately $637,000 compared with $809,000 in the corresponding period of 2010, a decrease of $172,000 or 21%. The decrease is primarily attributable to a decrease in sales of the OLpur™ MD 190 and MD 220 products in Europe of approximately $136,000 or 29% in the second quarter of 2011 compared to the same period in 2010 and an approximately $84,000 or 39% decrease in revenue related to the contract with the Office of U.S. Naval Research recognized in the second quarter of 2011 compared to the same period in 2010.  The decrease in Europe's sales was due to the anticipated execution of the Licensing Agreement signed with Bellco S.r.l., which was effective July 1, 2011.

Sales of Dual Stage Ultrafilters (DSUs) in the United States increased by approximately $32,000 or 25% in the second quarter of 2011 compared to the same period in 2010. Revenue in the amount of $16,000 related to the STERIS project was recognized in the second quarter of 2011.  There was no STERIS project or related revenue in the comparable peri
'/>"/>

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

0

GOOD

Page: 1 2 3 4 5

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:5/23/2013)... , May 23, 2013  A recently published ... Houston, Texas , demonstrates that 3D ... increasing cancer detection. The study, "Implementation ... Observational Study," was led by Stephen L. ... issue of the American Journal of Roentgenology ...
(Date:5/23/2013)... -- More than half of women diagnosed with early ... still have excellent outcomes. To educate women, Agendia, Inc. ... sources of online consumer information about breast cancer genomic ... recently diagnosed women with information sources, to help them ... "We anticipate these innovative social media campaigns will encourage ...
(Date:5/23/2013)... 2013  Every day, their baby stopped breathing, his collapsed ... April and Bryan Gionfriddo watched helplessly, ... "Quite a few doctors said he had a good ... April Gionfriddo , about her now 20-month-old son, Kaiba. ... we would take it and run with it." ...
Breaking Medicine Technology:First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 2First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 3Agendia Launches Social Media Campaigns to Help Breast Cancer Patients with Chemotherapy Decisions 2Agendia Launches Social Media Campaigns to Help Breast Cancer Patients with Chemotherapy Decisions 3Baby's life saved with groundbreaking 3D printed device from U-M that restored his breathing 2Baby's life saved with groundbreaking 3D printed device from U-M that restored his breathing 3Baby's life saved with groundbreaking 3D printed device from U-M that restored his breathing 4
... -- Gentech Pharmaceutical, announced today it will be front and ... giving away freebies to the Hollywood elite from their display ... as part of the giveaways as the official weight loss ... in the GBK Gift Lounge on January 13th and 14th ...
... 5, 2012 /PRNewswire-iReach/ -- FutureNet,s Ambulatory ... government,s "meaningful use" stamp of approval by earning ... 5.2 software capable of enabling ambulatory/outpatient providers to ... Reinvestment Act (ARRA). Tested and certified under the ...
Cached Medicine Technology:Golden Globe Awards Adds Gentech Pharmaceutical as New Participating Sponsor 2FutureNet Granted Certification for Cloud-based Ambulatory EHR 2FutureNet Granted Certification for Cloud-based Ambulatory EHR 3
(Date:5/23/2013)... 23, 2013 Amirsys, Inc. will ... learning environment for all resident levels this July. ... transforms the learning experience from case-based learning to ... , “Until RADPrimer 3.0, RADPrimer heavily emphasized a ... Dr. B.J. Manaster, Professor of Radiology at the ...
(Date:5/23/2013)... May 23, 2013 Memorial Day Focus ... Chaplains have been a part of the U.S. Military ... like those preceding it, these men and women will ... United States of America. As veterans transition to ... migration to the workplace chaplaincy world. , Marketplace ...
(Date:5/23/2013)... May 23, 2013 Susquehanna Health ... offering a comprehensive babysitting training course for adolescents age ... developed by Indianapolis pediatrician Dr. Patricia Keener after a ... of an adult sitter who didn’t know how to ... development program with a medical basis that aims to ...
(Date:5/23/2013)... -- Mayo Clinic researchers have used next generation genomic ... prostate cancer tumors have similar genetic origins, which may ... today in the journal Cancer Research . , ... using next generation sequencing in adjacent Gleason patterns in ... changes in pathology," says ,John Cheville, M.D., Mayo Clinic ...
(Date:5/23/2013)... County, CA (PRWEB) May 23, 2013 ... of her new charitable organization in Orange County, OCCares ... 26th in Orange County. The event details are as ... 8:00pm, Orangewood Academy Auditorium, 13732 Clinton Street, Garden Grove, CA ... light pop crossover music by Christian vocalists Charmaine & Jonathan ...
Breaking Medicine News(10 mins):Health News:RADPrimer 3.0 Introduces Comprehensive Radiology Training Curriculum 2Health News:Memorial Day Focus Spotlight on Military Chaplains Transitioning in the Marketplace 2Health News:Memorial Day Focus Spotlight on Military Chaplains Transitioning in the Marketplace 3Health News:Susquehanna Health Offers Safe Sitter Course for Tweens and Teens 2Health News:Susquehanna Health Offers Safe Sitter Course for Tweens and Teens 3Health News:Mayo Clinic genomic analysis lends insight to prostate cancer 2Health News:Dr. Katherine Ahn is Proud to Announce the Launch Her Family's New Charity OCCares 2Health News:Dr. Katherine Ahn is Proud to Announce the Launch Her Family's New Charity OCCares 3
... Nev. , Feb. 8 The Whittemore Peterson ... Donnica Moore , a distinguished women,s health expert, as its ... in its efforts to help raise awareness and funding for ... Fatigue Syndrome.   , "We are pleased to have a ...
... , Foundation Commits $200,000 ... Feb. 8 The Arthur M. Blank Family ... a program on February 16, 2010 , focusing on the importance ... Child in the Woods, Louv is the recipient of the 2008 ...
... ... Mary Health Partners (HMHP) , NEO Urology Associates Inc., and Advanced Urology Inc., is ... Elekta Volumetric Modulated Arc Therapy (VMAT), the world’s most advanced radiation therapy technology. ... Youngstown, Ohio (Vocus) ...
... ... Networks,Moms’ Online Video Consumption on the Rise,Making Naptime the new Primetime, , ... San Francisco, CA (PRWEB) February ... announced today the launch of two new original baby video series, “Inside Pregnancy” and ...
... , , NORTHBROOK, Ill. , ... a global leader in environmental evaluation and certification, announces ... materials used in consumer and manufactured goods.  These standards ... scientific assessment and broad stakeholder collaboration.   , This ...
... , CHICAGO , Feb. 8 Bally ... as its Senior Vice President, Chief Marketing Officer, effective ... Sheehan . , At Bally, Cary will be responsible for ... developing and implementing initiatives that will help Bally further strengthen ...
Cached Medicine News:Health News:Whittemore Peterson Institute Announces Renowned Health Expert as New Spokesperson 2Health News:Arthur M. Blank Family Foundation Hosts Author of Last Child in the Woods: Saving our Children from Nature-Deficit Disorder 2Health News:Arthur M. Blank Family Foundation Hosts Author of Last Child in the Woods: Saving our Children from Nature-Deficit Disorder 3Health News:Arthur M. Blank Family Foundation Hosts Author of Last Child in the Woods: Saving our Children from Nature-Deficit Disorder 4Health News:Partners for Urology Health First in Ohio with New Radiation Therapy Technology 2Health News:Partners for Urology Health First in Ohio with New Radiation Therapy Technology 3Health News:BABYCENTER Announces Original Baby Video Content Series 2Health News:BABYCENTER Announces Original Baby Video Content Series 3Health News:BABYCENTER Announces Original Baby Video Content Series 4Health News:UL Environment to Develop Sustainability Standards For Plastic 2Health News:Bally Total Fitness Announces New Chief Marketing Officer 2
The STAAR ELASTIC LENS®, is a single piece silicone lens to be placed completely in the capsular bag....
... Bausch & Lomb SoFlex™ UV-Absorbing, ... are intended to be used ... visual correction of aphakia in ... or older where a cataractous ...
Liberty Three Piece PMMA Lens with UV Absorber....
Single piece Anterior Chamber PMMA lens, AC depth: 4.9....
Medicine Products: