Navigation Links
Verenium Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2010
Date:3/1/2011

s

Revenues for the periods ended December 31, 2010 and 2009 were as follows (in thousands): Three Months Ended December 31,Year Ended December 31,2010200920102009Revenues:Animal Health and Nutrition

$
8,051$
8,934$
32,588$
32,781Grain Processing

3,8342,72813,4399,744All other products

1,3812004,3241,431Total product

13,26611,86250,35143,956Collaborative and grant

3311,4941,7224,863Total revenues

$
3,597$
3,356$
52,073$
48,819Total revenues for the year ended December 31, 2010 increased 7% to $52.1 million from $48.8 million in the prior year, with product revenues representing 90% or more of total revenues in both periods. Product revenues for the year ended December 31, 2010 increased 15% to $50.4 million from $44.0 million in the prior year, primarily due to an increase in Phyzyme profit share from Danisco, as well as an increase in revenues from grain processing enzymes, Fuelzyme, Veretase, Deltazym GA L-E5 and Xylathin, which continued to gain traction in the grain ethanol markets, and Purifine enzyme for the soybean oil processing market. Product revenue from non-Phyzyme products as a percentage of total product revenue increased to 35% for the year ended December 31, 2010 compared to 25% in the prior year.

Product Gross Profit

Product gross profit for the year ended December 31, 2010 increased 16% to $18.6 million from $16.0 million in the prior year, primarily due to improved fixed cost leverage on higher revenue, partially offset by the impact of manufacturing constraints compared to the prior year, resulting from the challenges of satisfying increased demand for our products and expanded product mix.

Operating Expenses (excluding cost of product revenue)

Excluding cost of product revenues, total operating expenses related to continuing operations decreased to $33.9 million (including share-based compensation of $1
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Verenium Announces 2010 Business Update and Outlook for 2011
2. Verenium Announces Changes in Senior Management
3. EpiCept Reports Expansion of Clinical Development For Licensed Cancer Compound
4. Spherix Reports Second Quarter Earnings
5. Tapestry Reports Second Quarter 2007 Results
6. Callisto Reports on Second-Quarter 2007 Milestones
7. ImmuneRegen BioSciences Reports Material Transfer Agreement with VaxGen, Inc.
8. Vical Reports Second Quarter 2007 Financial Results, Allowance of Pandemic Influenza IND and Other Advances in Product Development Programs
9. Paper in International Journal of Oncology Reports Alfacells ONCONASE(R) Suppresses Intracellular Oxidative Stress
10. TAXUS WOMAN Study Reports Positive Clinical Outcomes for the TAXUS(R) Drug-eluting Stent in Women
11. Biopure Reports on Meeting with the FDA
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/3/2015)... , Sept. 3, 2015 ... proprietary Modoo Fetus Monitoring Patch, a wearable medical device ... deliver fetal movement data, providing safety guidance for pregnant ... The device, which measures 4 centimeters ... and weighs a little more than an Apple earphone ...
(Date:9/3/2015)... 03, 2015 Research and ... the "Diabetes Care Devices Market In Brazil, Russia, ... Meters, Continuous Glucose Monitors, Testing Strips, Lancets, Insulin Pumps, ... report to their offering. The BRIC diabetes ... USD 1.7 Billion in 2015 and is poised to ...
(Date:9/3/2015)... Sept. 3, 2015  VirtualScopics, Inc. (NASDAQ: ... imaging solutions, announced today, they are collaborating with ... new philanthropic, epidemiology study partnering with the Ministry ...  VirtualScopics has teamed up with a cardiac sonographer ... image results will be used to identify children ...
Breaking Medicine Technology:Modoo to Debut at Kickstarter: First Device on the Market that Enables Continuous Monitoring of Fetal Heart Rate and Fetal Movement 2The BRIC Diabetes Care Devices Market is Estimated to Grow at a CAGR of 6.3% from 2015 to 2020, to Reach USD 2.3 Billion by 2020 2The BRIC Diabetes Care Devices Market is Estimated to Grow at a CAGR of 6.3% from 2015 to 2020, to Reach USD 2.3 Billion by 2020 3VirtualScopics, Inc. Collaborates with Large Pharmaceutical Company on a Philanthropic, Epidemiology Study in Africa 2VirtualScopics, Inc. Collaborates with Large Pharmaceutical Company on a Philanthropic, Epidemiology Study in Africa 3VirtualScopics, Inc. Collaborates with Large Pharmaceutical Company on a Philanthropic, Epidemiology Study in Africa 4
... announced that the U.S. Food and Drug Administration ... treatment of adult patients with glioblastoma multiforme (GBM) ...  The portable, wearable device delivers an anti-mitotic, anti-cancer ... The NovoTTF is a novel, first-in-class treatment option ...
... 2011 StelKast is proud to announce the ... Acetabular Liners. EXp™, a blend of antioxidant and ... consulting support of Steven Kurtz, Ph.D. and Exponent, ... clearance for large diameter cobalt-chrome femoral heads and ...
Cached Medicine Technology:FDA Approves the NovoTTF-100A System for the Treatment of Patients With Recurrent Glioblastoma Multiforme (GBM) Brain Tumors 2FDA Approves the NovoTTF-100A System for the Treatment of Patients With Recurrent Glioblastoma Multiforme (GBM) Brain Tumors 3FDA Approves the NovoTTF-100A System for the Treatment of Patients With Recurrent Glioblastoma Multiforme (GBM) Brain Tumors 4A Better Acetabular Solution from StelKast ... Naturally 2
(Date:9/3/2015)... ... September 03, 2015 , ... Topical BioMedics, ... final destination of his six-month, 10,000 mile journey from Santiago, Chile to Times ... he calls the “Connecting Las Americas” project—Max crossed six countries in 168 days ...
(Date:9/3/2015)... Florida (PRWEB) , ... September 03, 2015 , ... ... for Physician Leadership® and Navigant Center for Healthcare Research and Policy Analysis has ... care system. , While 47 percent of respondents said their organizations ...
(Date:9/3/2015)... ANNANDALE, VA (PRWEB) , ... September 03, 2015 ... ... that the Spouse/Caregiver Scholarship applications are open for spring 2016. Scholarships are awarded ... service members. Hope For The Warriors® is a national nonprofit dedicated to restoring ...
(Date:9/3/2015)... ... September 03, 2015 , ... ... LANDESK Management Suite customers, as part of the LANDESK One Partner program. ... by delivering the best mobile user experience in remote access and control:, ...
(Date:9/3/2015)... ... September 03, 2015 , ... The first part of a two-part ... by IVC filter lawsuits filed against Bard.** These lawsuits, filed by persons ... IVC filter broke or failed, have recently been consolidated for pretrial proceedings as multidistrict ...
Breaking Medicine News(10 mins):Health News:Topical BioMedics Announces Visit from Max Wohlgemuth Kitslaar, Ending his Six-Month, 10,000 Mile Journey from Chile to New York on a 1976 Moto Guzzi Motorcycle 2Health News:Topical BioMedics Announces Visit from Max Wohlgemuth Kitslaar, Ending his Six-Month, 10,000 Mile Journey from Chile to New York on a 1976 Moto Guzzi Motorcycle 3Health News:Topical BioMedics Announces Visit from Max Wohlgemuth Kitslaar, Ending his Six-Month, 10,000 Mile Journey from Chile to New York on a 1976 Moto Guzzi Motorcycle 4Health News:Topical BioMedics Announces Visit from Max Wohlgemuth Kitslaar, Ending his Six-Month, 10,000 Mile Journey from Chile to New York on a 1976 Moto Guzzi Motorcycle 5Health News:Topical BioMedics Announces Visit from Max Wohlgemuth Kitslaar, Ending his Six-Month, 10,000 Mile Journey from Chile to New York on a 1976 Moto Guzzi Motorcycle 6Health News:Survey finds growing movement for physician leadership training 2Health News:Survey finds growing movement for physician leadership training 3Health News:Hope For The Warriors Spouse/Caregiver Scholarships Now Open for Spring 2016 2Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 2Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 3Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 4Health News:Bard IVC Lawsuit Allegations Reach National Prime Time News 2Health News:Bard IVC Lawsuit Allegations Reach National Prime Time News 3
... brain activity in children's with autism and found ... children. The Researchers found //that the autism children's had ... observation and imitating others action and expressing facial response. ... Nature Neuroscience. ,Autism is a developmental disorder ...
... habits and increased weight in the middle school students reports ... employment of food as motivation resulted in an increase in ... food and organizing fund raising programs with food as a ... About two thirds of adults and on third of children ...
... on behalf of the HIV positive people of Mizo society to ... Malsawmdawnga who is the president of Mizoram People Living With AIDS// ... world is changing for the better and awareness about AIDS is ... up. ,He condemned the practice of sealing the ...
... the press about improvising the health care facilities at Patna ... more hospitals with ICUs// and ambulance facilities 24-hour health care ... , ,He put forth the idea about giving certain ... He also mentioned that the chief minister Mr. Nitish Kumar ...
... in India has called for curtailing comparative advertisements, after ... should be made to the Code for Commercial Advertising ... and the Monopolies and Restrictive Trade Practices Act in ... in some western nations where advertisements attacking the products ...
... Bhopal: The 21st anniversary of the Bhopal gas leak tragedy ... and Research Center resigned. , ,The doctors wanted a ... visit for treatment daily. Run by a trust, the BMHRC ... Apart from the survivors of the gas victims, it also ...
Cached Medicine News:Health News:Conditions Of The HIV/AIDS Patients In The Mizo Society 2
... a large body for increased stability ... centimeters center-to-center) to resist the wear ... indicators are molded into the body. ... bar electrode styles. Shielded bar electrodes ...
... from Laser and ESU devices. Suitable for ... busy operating rooms. ,The FreshAire ... smoke evacuation filter performance, offering the clinician ... an unbeatable price., ,Quiet, compact, economical. The ...
... GE OEC announced another imaging first ... Plus; Digital Mobile Imaging System. This breakthrough ... 1K x 1K imaging resolution technology available ... Plus; sets a new standard for mobile ...
... Surgical Helmet System from DePuy offers a ... system helps meet OSHA recommendations regarding occupational ... creating a new standard for comfort. , ... PROVISION Helmet System from DePuy, is a ...
Medicine Products: