Navigation Links
Techne Corporation Releases Unaudited Third Quarter and Nine Month Fiscal Year 2012 Results
Date:5/1/2012

any's investments in unconsolidated entities.  The tax rate for the remainder of fiscal 2012 is expected to be 31% to 33%.In September 2011, the Company entered into a $10.0 million loan agreement with ChemoCentryx, Inc. (CCXI).  The loan agreement contained a number of conversion features contingent upon CCXI obtaining future debt or equity financing.  The agreement also included a $5.0 million commitment by the Company to participate in a private placement in the event of a successful public offering of CCXI shares.  With CCXI's completion of its initial public offering during the quarter ended March 31, 2012, the loan plus accrued interest was converted to common shares and the Company purchased the additional $5 million of common equity as required by its previous commitment. At March 31, 2012, the Company's investment in CCXI was included in short-term available-for-sale investments at its fair market value of $66.5 million. The Company's unrealized gain of $37.0 million, net of deferred tax liability of $13.2 million, was included in accumulated other comprehensive income at March 31, 2012.  The Company's investment in CCXI was $14.3 million at June 30, 2011 and was included in other non-current assets.

The Company repurchased 45,983 and 309,010 shares of its common stock during the quarter and nine months ended March 31, 2012, respectively, for approximately $3.1 million and $21.3 million.  Approximately $29.3 million remains available at March 31, 2012 for the repurchase and retirement of shares under the currently open authorization.

Forward Looking Statements:
Our press releases may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Such statements, including the expected effective tax rate, involve risks and uncertainties that may affect the actual results of operations. The following important factors, among others, have affected and, in the future, could
'/>"/>

SOURCE Techne Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related medicine technology :

1. Techne Corporation Declares Dividend
2. Techne Corporation Releases Unaudited First Quarter Fiscal Year 2012 Financial Results
3. Techne Corporation Releases Unaudited Fourth Quarter and Fiscal Year 2011 Results
4. Technest Holdings, Inc. to Acquire AccelPath, LLC; Issue Contingent Value Rights to Common Stockholders; and Issue Shares of Its Series E 5% Convertible Preferred Stock
5. Techne Corporation Declares Dividend
6. Techne Corporation Declares Dividend
7. ShangPharma Corporation Files 2011 Annual Report on Form 20-F
8. Luminex Corporation Reports First Quarter 2012 Results
9. Haemonetics Signs Definitive Agreement to Acquire Pall Corporations Blood Collection, Filtration and Processing Product Lines For $551 Million
10. Richard Wolf Medical Instruments Corporation: 40 Years of Innovation
11. CVS Caremark Corporation to Hold First Quarter 2012 Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/30/2014)... Sept. 30, 2014 The signing of ... and New Jersey Health Foundation (NJHF) to work ... care programs has been announced by Rodger ... Kessler Foundation and James M. Golubieski , ... "The experience of New Jersey Health Foundation in ...
(Date:9/30/2014)... NEWPORT BEACH, Calif. , Sept. 30, 2014 ... prestigious accreditation of the American Association of Tissue ... Russell Cook , Chief Executive Officer. ... on-site inspection by a specially trained AATB inspector.  ... and administrative performance within the facility meets or ...
(Date:9/30/2014)... , Sept. 30, 2014 The Eastern European ... established medical-device providers as well as new medical-device manufacturers ... while simultaneously looking at ways to reduce the cost ... distributors is one of the effective means to achieve ... distribution market in Eastern European and provides profiles of ...
Breaking Medicine Technology:Kessler Foundation Partners with New Jersey Health Foundation To Start Innovative Companies To Change the Lives of People with Disabilities 2Biostructures, LLC Earns AATB Accreditation 2Medical Technologies Distributor Profiles in Eastern Europe 2Medical Technologies Distributor Profiles in Eastern Europe 3
... SAN DIEGO, Dec. 5, 2011 ForteBio®, Inc., a ... of biotherapeutic and pharmaceutical products, today announced the launch ... scientists – for the first time – to conduct ... and cost-efficiently at their lab bench. The new platform ...
... Bupa International has published two new health guides for ... information on vaccinations, medical insurance and emergency healthcare. ... a growing number of people relocate to foreign countries ... region is particularly needed, as the area,s many booming ...
Cached Medicine Technology:ForteBio Introduces BLItz™, a Revolutionary, Micro-volume Label-free Analysis Platform for Personal Assays 2ForteBio Introduces BLItz™, a Revolutionary, Micro-volume Label-free Analysis Platform for Personal Assays 3Bupa International Releases Health Guides to Hong Kong and Singapore 2
(Date:9/30/2014)... to be proactive about potential disease outbreaks like Ebola ... In an Editorial in the October issue of ... Allen Cheng from Monash University and Heath Kelly from ... health crises. , "Australia would do well to heed ... in co-ordinating a consistent and outward looking response," the ...
(Date:9/30/2014)... By Dennis Thompson ... -- The first confirmed case of Ebola has surfaced in ... from Liberia, federal health officials announced late Tuesday. The ... Hospital in Dallas, has been diagnosed with the deadly ... Prevention said in a late afternoon news conference. The ...
(Date:9/30/2014)... climate-changing carbon emissions will reduce other harmful air ... to a new study released today. The research ... in the final Clean Power Plan, the power ... and hospitalizations, and hundreds of heart attacks in ... study, Health Co-benefits of Carbon Standards for Existing ...
(Date:9/30/2014)... Sleep apnea is a potential health risk for millions of ... behind the disorder: a "fat" tongue. "This is the ... the tongue of obese patients with obstructive sleep apnea," study ... at the University of Pennsylvania Medical Center, said in a ... findings Oct. 1. Sleep apnea is a common disorder ...
(Date:9/30/2014)... Keystone Symposia will convene the first conference of its ... Health Series on "The Modes of Action of ... following the conclusion of the Grand Challenges Meeting for ... the Keystone Symposia Global Health Series, supported by the ... travel awards for 36 investigators from developing countries to ...
Breaking Medicine News(10 mins):Health News:CDC Confirms First Patient Diagnosed With Ebola in United States 2Health News:CDC Confirms First Patient Diagnosed With Ebola in United States 3Health News:Power plant standards could save thousands of US lives every year 2Health News:Power plant standards could save thousands of US lives every year 3Health News:Could a 'Fat Tongue' Be a Factor in Sleep Apnea? 2Health News:Keystone Symposia launches 2014-2015 meeting series with Global Health Vaccines Conference 2
... on their way to office or back home, with the ... Manchester Piccadilly train stations//. This patient friendly system eliminates ... from 7 a.m. to 7 p.m. ,Such a ... for the request of the general public, demanding a quick ...
... effective anti-depressant is also found to interact with immune ... mechanism of serotonin inhibitors on human health//. ... Georgetown University Medical center have found that SSRI (Selective ... an effective antidepressant by passing between the neurons ...
... Researchers have identified an increased incidence of melanoma among the ... the March 1, 2006 issue// of CANCER, a peer-reviewed journal ... melanoma- an invasive form of skin cancer- is of the ... ,It is generally accepted that melanoma is by far ...
... who use vaginal washes run a higher risk of contracting HIV/AIDS.// ... led by Scott McClelland. The women who live in the sub-Saharan ... Kenyan women were examined during the course of the study. ... they washed with soap were four times more likely to be ...
... in the lymph nodes also, according to a recent research, ... mammalian immune response. // ,The dreaded disease ... mammal, and the immature parasites travel to the animal's liver. ... the liver cells and infect red blood cells, beginning the ...
... provided by researchers that faith healing and special diets also ... Melbourne led the research // which studied as many as ... served to extend the life of 25 people for a ... ,Dr Macmanus said that the data showed ...
Cached Medicine News:Health News:Invasive Skin Cancer On The Rise in Hispanics 2Health News:Malaria Can Develop In Lymph Nodes Also 2
... first fully automated blood ... North American market based ... Test™. The ORTHO ProVue™ ... while increasing productivity via ...
The ScanGel® automatic readings are done with a high resolution color video camera. Images can be stored and printed....
... are in need of MRI exams, many ... scanners. They have heard of, or experienced ... and noisy tubes of supercon scanners - ... people want is a patient-friendly MRI. Now ...
... early 1990s, the "Reversed" shoulder prosthesis has ... great success. More recently, an ever-growing number ... begun to champion this prosthesis and the ... This reversed technology is the result of ...
Medicine Products: