Navigation Links
Rigel Announces First Quarter 2012 Financial Results
Date:5/1/2012

SOUTH SAN FRANCISCO, Calif., May 1, 2012 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today reported financial results for the first quarter ended March 31, 2012.

For the first quarter of 2012, Rigel reported a net loss of $23.2 million, or $0.32 per share, compared to a net loss of $20.8 million, or $0.40 per share, in the first quarter of 2011. Weighted average shares outstanding for the first quarters of 2012 and 2011 were 71.4 million and 52.3 million, respectively.

Contract revenue from collaborations in the first quarter of 2012 was comprised of a $750,000 payment from Daiichi Sankyo related to Rigel's existing collaboration agreement with them.  This payment relates to an oncology compound in pre-clinical testing at Daiichi Sankyo. There was no contract revenue from collaborations reported in the first quarter of 2011.

Rigel reported total operating expenses of $24.1 million in the first quarter of 2012, compared to $20.9 million in the first quarter of 2011. The increase in operating expenses was primarily due to the increase in research and development expenses in Rigel's clinical research programs.  The largest increase was related to R343, an inhaled SYK inhibitor for asthma, that is expected to commence a Phase 2 clinical trial this summer.

As of March 31, 2012, Rigel had cash, cash equivalents and available for sale securities of $223.3 million, compared to $247.6 million as of December 31, 2011.  Rigel expects to end 2012 with cash, cash equivalents and available for sale securities in excess of $140.0 million, which is expected to be sufficient to fund operations into 2014.

"We are very pleased with the pace and strength of Rigel's product development as progress continues in our three active clinical programs, and as we prepare to initiate Phase 2 studies in both asthma and dis
'/>"/>

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

Page: 1 2 3 4

Related medicine technology :

1. Rigel Announces Initiation of Phase 1 Clinical Trial of R343 for Allergic Asthma by its Partner Pfizer
2. Rigels R788 Demonstrates Significant Improvement in Rheumatoid Arthritis in Phase 2 Clinical Study
3. Rigel Announces Initiation of Phase 1 Clinical Trial of R348 for Rheumatoid Arthritis, Psoriasis and Other Immune Disorders
4. Rigels R788 Shows Preclinical Activity in Type 1 Diabetes Model
5. Rigels R788 Slows Progression of Murine Lupus in Preclinical Studies
6. Rigel to Host Conference Call to Discuss Preliminary Phase 2 Study Results of R788 in Lymphoma
7. Rigels R788 Phase 2a Results Published in Arthritis and Rheumatism
8. Rigel Expects R788 Partnership After Phase 2b Clinical Trials Results
9. Shareholder Class Action Filed Against Rigel Pharmaceuticals, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP
10. Rigel Commences Phase 2 Trial of R788 in Peripheral T-Cell Lymphomas
11. Rigel to Host Conference Call to Discuss Results of Its Phase 2b TASKi2 Clinical Trial of R788 in Rheumatoid Arthritis
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2015)... Pharmaceuticals, Inc. (Nasdaq: ISIS ) today reported pro ... months ended March 31, 2015 compared to a pro ... same period in 2014.  Isis, significantly improved financial results ... from its partners compared to the same quarter last ... from operations of $9.3 million for the three months ...
(Date:5/5/2015)... JERUSALEM , May 5, 2015 ... ) ( http://www.oramed.com ), a clinical-stage pharmaceutical company ... systems, announced today that the company will present ... Oppenheimer 16th Annual Israeli Conference , ,Date: ... ,Presenter:       Nadav Kidron , Chief Executive Officer ...
(Date:5/5/2015)... , May 05, 2015 Research and Markets ... addition of the "Clinical Laboratory,Molecular Diagnostics and ... to 2019 - Latin America, Africa and Middle ... A market that just keeps on growing. ... from the explosion in biotechnology, especially genomics. A ...
Breaking Medicine Technology:Isis Reports Financial Results and Highlights for First Quarter 2015 2Isis Reports Financial Results and Highlights for First Quarter 2015 3Isis Reports Financial Results and Highlights for First Quarter 2015 4Isis Reports Financial Results and Highlights for First Quarter 2015 5Isis Reports Financial Results and Highlights for First Quarter 2015 6Isis Reports Financial Results and Highlights for First Quarter 2015 7Isis Reports Financial Results and Highlights for First Quarter 2015 8Isis Reports Financial Results and Highlights for First Quarter 2015 9Isis Reports Financial Results and Highlights for First Quarter 2015 10Isis Reports Financial Results and Highlights for First Quarter 2015 11Isis Reports Financial Results and Highlights for First Quarter 2015 12Isis Reports Financial Results and Highlights for First Quarter 2015 13Oramed to Present at Upcoming Conferences 2Oramed to Present at Upcoming Conferences 3Latin America, Africa and Middle East Clinical Laboratory, Molecular Diagnostics and Genomic Testing Services Market 2015-2019 2
(Date:5/5/2015)... Skedans Systems a division of ... Skedans Sensor Collaboration Platform at AUVSI's Unmanned Systems ... developers, provides tooling to deliver real time information for ... Skedans Sensor Collaboration Platform is a single unified cloud ... Things, Web Real Time Communications (WebRTC), and commercial Unmanned ...
(Date:5/5/2015)... 2015 Information Innovators Inc. ... the federal government, today announced its acquisition of ... provides solutions exclusively to federal government customers through ... cyber security, health services, and program management support. ... credentials as a Third Party Assessment Organization (3PAO) ...
(Date:5/5/2015)... SC (PRWEB) May 05, 2015 On May, ... episode with Charleston musician Irene Rose about alternatives for youngsters ... Rose, “How did you get the idea for starting a ... replies, “I run an entertainment company called Once Upon a ... them moral lessons through songs and even scripture. We play ...
(Date:5/5/2015)... May 05, 2015 RF Technologies®, a ... the Sensatec® ST750 Fall Management Solution with Voice Alarms. ... monitored patient or resident to wait for assistance when ... have the choice of 16 different melodies or tones ... call system such as Code Alert®. , For ...
(Date:5/5/2015)... May 05, 2015 Major League Ultimate ... the belief that ultimate Frisbee™ is home to many ... sport that engages the world. Nike Ultimate Camps’ goal ... creating opportunities for young athletes to learn about the ... MLU the perfect fit. , The Nike Ultimate Camp ...
Breaking Medicine News(10 mins):Health News:Skedans Systems Announces Skedans Sensor Collaboration Platform at AUVSI's Unmanned Systems 2015 in Atlanta 2Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 2Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 3Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 4Health News:My Positive Perspective Hosts Episode Informing People of a True Princess Summer Camp With Irene Rose 2Health News:RF Technologies® Releases Sensatec® ST750 Voice Alarm for Fall Management 2Health News:RF Technologies® Releases Sensatec® ST750 Voice Alarm for Fall Management 3Health News:US Sports Camps, Nike Ultimate Camps, and Major League Ultimate Host Youth Ultimate Summer Camps in Philidelphia 2
... repertoire of full-service ophthalmological care, Global Laser Vision now offers an ... Lasik surgery. , ... (Vocus) November 13, 2008 -- ... now offers an eyeglass dispensary and contact lens for its clients ...
... Companies, Use Patient Smart Cards - CEO of Jackson Healthcare Proposes ... ... Alpharetta, GA (PRWEB) November 13, 2008 -- Frequent headlines ... for major overhaul of healthcare delivery in the United States. ...
... Under fire from thousands of members, SEIU officials ... ANGELES, Nov. 12 Caregivers who work in,California ... Los Angeles and Oakland offices of their national ... protesters are members of United Healthcare Workers-West (UHW), ...
... - Diabetes Activists Worldwide Organize Events to Draw ... Children and Adolescents, November 14 is the most ... people with diabetes worldwide. World Diabetes Day draws attention,to ... to improve care,prevent the disease in those at risk ...
... Nov. 12 Miami clinic owner Nayda,Freire, 61, ... for defrauding the,Medicare program in connection with a ... General Matthew Friedrich of the Criminal,Division and U.S. ... of,Florida announced., In addition to the prison ...
... Council for Quality,Respiratory Care (CQRC) today commended Senate ... and creative approaches to,ensuring that all Americans have ... importance of prioritizing initiatives that will identify,and eliminate ... CQRC also warned,that deep cuts in Medicare funding ...
Cached Medicine News:Health News:Eyeglass Dispensary and Contact Lens Now Available at Global Laser Vision 2Health News:Eyeglass Dispensary and Contact Lens Now Available at Global Laser Vision 3Health News:A Bold Approach to Healthcare Reform: Eliminate Insurance Companies 2Health News:A Bold Approach to Healthcare Reform: Eliminate Insurance Companies 3Health News:A Bold Approach to Healthcare Reform: Eliminate Insurance Companies 4Health News:Healthcare Workers Picket Their National Union to Protect Their Voice for Patients 2Health News:Millions Mark World Diabetes Day 2Health News:Millions Mark World Diabetes Day 3Health News:Millions Mark World Diabetes Day 4Health News:Miami Clinic Owner Sentenced to 30 Months in Prison for $10.9 Million Medicare Fraud 2Health News:Home Oxygen Leaders Commend Sen. Baucus' Efforts to Expand Health Care Access, Warn That Deep Cuts in Oxygen Benefit May Undercut Access 2
For use in cleaning soft contact lenses. Sensitive Eyes daily cleaner loosens and removes accumulations of film, deposits, and debris from soft contact lenses. Use with heat, chemical, and hydrogen p...
Refresh Contacts provides moisturizing relief from dryness and irritation associated with lens wear....
Specially formulated to lubricate and moisten lenses to help relieve irritation and dryness....
... Renu Multiplus preservative free ... and moisturize your eyes while ... The gentle preservative free formula ... may be sensitive to preservatives ...
Medicine Products: