Navigation Links
Star Scientific Files Second-Quarter Financial Report, Updates Progress on Anatabloc™ Product Launch
Date:8/9/2011

GLEN ALLEN, Va., Aug. 9, 2011 /PRNewswire/ -- Star Scientific, Inc (NASDAQ: CIGX) filed its second-quarter 2011 financial report on Form 10-Q today with the Securities and Exchange Commission (SEC). The company reported net sales totaling $262 thousand for the three months ended June 30, 2011 and $418 thousand for the six months ended June 30, 2011. Second quarter 2011 net sales increased 68% from the first quarter 2011 sales of $156 thousand.  This increase was due in large part to increased sales of CigRx®, the dietary supplement product developed by the company's Rock Creek Pharmaceuticals subsidiary that reduces the urge to light a cigarette. Second-quarter 2011 net sales from CigRx®, which totaled $131 thousand, increased 184% from first-quarter 2011 net sales of $46 thousand.

(Logo:  http://photos.prnewswire.com/prnh/20090317/STARSCIENTIFICLOGO)

The company also reported a net loss of $5.0 million for the second quarter 2011 compared with a $6.1 million loss for first quarter 2011.  The net loss for the first six months of 2011 totaled $11.1 million compared with a net loss of $18.4 million for the same period in 2010.  The company had  cash and cash equivalents totaling $16.2 million as of June 30, 2011 compared with $18.7 million in cash and equivalents as of March 31, 2011.  Total operating expenses for the second quarter 2011 were $4.7 million compared with $13.0 million for the same period in 2010.  The significant decrease was due largely to a stock-based compensation charge taken in 2010.

Star began the expansion of the CigRx® marketing plan during the first quarter of 2011 through a variety of initiatives:  increasing infomercial airings, adding radio spots, significantly increasing event marketing and adding

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

Page: 1 2 3 4 5

Related medicine technology :

1. Thomson Scientific Publishes The Ones to Watch - A Quarterly Review of Phase Changes in the Pharmaceutical Pipeline
2. Avicena Scientific Collaborator Advances Program for Using Energy Enhancing Molecules to Treat Neuromuscular Diseases
3. Boston Scientific Announces Schedule for European Society of Cardiology Congress 2007
4. Boston Scientific to Release Broad Range of Clinical Trial Data Reinforcing Safety and Efficacy of Taxus(R) Coronary Stent Systems at TCT 2007
5. Preliminary Results of Randomized Pilot Study Show Comparable Efficacy for OrbusNeichs Genous(TM) Bio-engineered R Stent(TM) and Boston Scientifics Taxus(R) Stent in Patients at High Risk of Restenosis
6. Boston Scientific PROMUS(TM) and TAXUS(R) Stents Continue Strong Performance in Safety and Efficacy Measures
7. Boston Scientifics Next-Generation Stent Shows Improved Clinical Outcomes in Complex Lesions
8. Positive Five-Year Safety Data for TAXUS(R) Stent Reported in Boston Scientific Trial
9. Thermo Fisher Scientific Advances Gene-Silencing Technology for Life Sciences Research
10. Boston Scientific Carotid Artery Stenting Trials Produce Positive Three-Year Results
11. Results of VYVANSE(TM) (lisdexamfetamine dimesylate) Pivotal Trial in Adult ADHD Presented at Major Scientific Meeting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... 2015 Research and Markets ( ... "The Corporate Reputation of Pharma - The ... report to their offering. The ... now in its fourth edition. This report contains ... For each annual Corporate Reputation report, the author ...
(Date:4/17/2015)... April 17, 2015 Sigma-Aldrich Corporation ... Science and High Technology company, today announced the ... headquarters and state-of-the-art Cell Culture Technical Center ... facility will provide customized support to meet customer ... "Our new Technical Center will significantly ...
(Date:4/17/2015)... TWi Pharmaceuticals, Inc. ("TWi", Stock Ticker:4180.TT) today ... USA , has obtained state sales licenses from ... been in close contact with the major nationwide retail ... own label specialty generic products sold through these nationwide ... According to IMS Health, the U.S. pharma ...
Breaking Medicine Technology:The Corporate Reputation of Pharma - The Global Patient Perspective in 2014 2Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 2Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 3Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 4Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 5
... HealthCare Inc. (OTC Pink: MHCC) announced the appointment of ... Millennium President Chris Amandola commented, "Ed brings deep experience ... have him join our advisory board.  Our Company,s advantage ... and resourceful individuals and he will be a tremendous ...
... ABT ) today announced that the U.S. Food ... Self-Expanding Stent System for the treatment of iliac artery ... affects the lower extremities. Over time, iliac artery disease ... experience chronic pain and suffer permanent disability. This approval ...
Cached Medicine Technology:Millennium HealthCare Appoints Ed Joyce to Company Advisory Board 2Abbott's Absolute Pro® Vascular Self-Expanding Stent System Receives FDA Approval for Treatment of Iliac Artery Disease 2Abbott's Absolute Pro® Vascular Self-Expanding Stent System Receives FDA Approval for Treatment of Iliac Artery Disease 3Abbott's Absolute Pro® Vascular Self-Expanding Stent System Receives FDA Approval for Treatment of Iliac Artery Disease 4
(Date:4/18/2015)... (PRWEB) April 18, 2015 Review of ... hosting a ‘Strategies for Success’ program for cataract surgeons ... meeting in San Diego, where eye surgeon Jeffrey L. ... this invitation-only event. Dr. Martin is the Managing Partner ... of Ophthalmology chose Dr. Martin to lead this year’s ...
(Date:4/18/2015)... (PRWEB) April 18, 2015 Thousand of ... on behalf of individuals who were allegedly harmed by ... to move forward in the U.S. District Court, Northern ... 10th, the Court has amended an earlier Case Management ... Among other things, the new amendment permits the claims ...
(Date:4/18/2015)... (PRWEB) April 18, 2015 “ ArcAngel ” ... which takes a look at the latest and coolest ... Joe Troohey, the host of AppWatch and technology expert, conducted ... a personal safety app. , In a turbulent world, ... help. Calling 911 should always be their first move, but ...
(Date:4/17/2015)... 2015 Rosetta Radiology is proud to ... their list of diagnostic imaging services. This solidifies them ... the Upper East Side of Manhattan. , The new ... The addition of PET-CT, combined with Rosetta’s state of ... to work with patients through several stages of the ...
(Date:4/17/2015)... “We have seen healing, a lot of healing, and ... Chaplain Shawn Kafader of Friendship Village. “People have found ... to contribute have created beautiful pieces of art.” For the ... program that was launched to benefit residents of the retirement ... the Art Institute in Chicago, worked as an intern at ...
Breaking Medicine News(10 mins):Health News:Dr. Jeffrey Martin Invited to Share Latest Breakthroughs in Cataract Care During Roundtable Discussion at National 2015 ASCRS Meeting In San Diego 2Health News:DePuy Pinnacle Hip Lawsuits: Federal Litigation Amends Case Management Order to Allow for Joinder of Unrelated Claims 2Health News:DePuy Pinnacle Hip Lawsuits: Federal Litigation Amends Case Management Order to Allow for Joinder of Unrelated Claims 3Health News:A Personal Safety Application was Featured on NewsWatch Television 2Health News:Healing At Friendship Village Due To Art Therapy 2
... impairment appears to be more common in people with ... a report in the October issue of Archives ... journals. , Approximately 14.6 million Americans had diagnosed ... undiagnosed diabetes, according to background information in the article. ...
... deprived of body,s sleep-wake system ,can,t remember anything, study ... body clock may do more than help guide your ... vital role in learning and memory, say Stanford University ... a functioning circadian system is critical to the rodents, ...
... Earnings Conference Call on October 30 - - Presentation at Oppenheimer,s 19th Annual Healthcare ... ... ... 7 -, SAN DIEGO, Oct. 13 Gen-Probe Incorporated,(Nasdaq: GPRO ) announced today ...
... Oshkosh is one of six sites included in national ... because of low cardiac arrest survival rates, OSHKOSH, ... ) announced today that it has,received an additional $1.5 ... to continue a study testing two devices used in ...
... Content Rights Management System, Supports Global Pharma ... Spend, WEST CHESTER, Pa., Oct. 13 ... manufacturer has integrated,Modevity,s Imperium technology to become the ... tracking and reporting,analytics for their new product video ...
... Away, FORT WORTH, Texas, Oct. 13 The ... at the Will Rogers Memorial,Center. The company, which has ... bottles of free Dannon smoothies and demonstrated support,for a ... FitFuture KIDS Fest is to help educate families about ...
Cached Medicine News:Health News:Vision loss more common in people with diabetes 2Health News:Circadian Rhythm Plays Role in Memory 2Health News:Gen-Probe Announces Webcasts of Three Upcoming Investor Events 2Health News:Gen-Probe Announces Webcasts of Three Upcoming Investor Events 3Health News:Advanced Circulatory Systems Receives $1.5 Million From NIH for Study of Cardiac Arrest Resuscitation Techniques 2Health News:Global Pharma Integrates Imperium(TM) to Support Launch Content ROI Initiatives! 2Health News:The Dannon Company Sponsors FitFuture KIDS Fest 2Health News:The Dannon Company Sponsors FitFuture KIDS Fest 3
... The new Eyewear ... lifestyle proposition, encompassing elegance, ... well as a dedication ... Mirroring key attributes of ...
The license agreement for the manufacturing and distribution of Bulgari eyewear was signed by Luxottica Group in 1997.,Bulgari eyewear is designed for sleek, select people who want to distinguish the...
The Aristar collection offers high quality, fashionable eyewear at exceptional pricing. Classic shapes updated with contemporary designs allow both men and women alike to enjoy superior craftsmanship...
... Glamour and style. Creativity and cutting-edge design. ... companies, signed a new licensing agreement in ... formed in 1985 by the famous designer ... blended sensuality with their Mediterranean roots to ...
Medicine Products: