Navigation Links
WaferGen Reports Second Quarter 2011 Financial Results
Date:9/12/2011

FREMONT, Calif., Sept. 12, 2011 -- WaferGen Biosystems, Inc. (OTCBB:WGBSE), a leading developer of state-of-the-art genomic analysis systems, today reported financial results for the second quarter ended June 30, 2011."During the second quarter, our principle focus was to secure adequate funding to commercialize the SmartChip Real-Time PCR System.  We accomplished that goal on May 27, 2011 by completing a private placement financing of $30.6 million in equity and debt with three leading institutional life science investors, Great Point Partners, LLC, Deerfield Management and Merlin Nexus, and certain members of the Board and management," said Alnoor Shivji, Chairman and CEO.

"We will put this money to work in the second half of the year to expand the commercial team and generate additional applications and content for the SmartChip System.  With additional applications (genotyping) and enhancements to SmartChip panels (disposables), we can continue to enrich the transformative SmartChip System to address unmet needs in biomarker profiling validation, next-generation sequencing validation, disease research, drug development, personalized medicine and applied markets."

RevenueRevenue for the second quarter ended June 30, 2011 was $45,000 compared to $432,000 for the second quarter ended June 30, 2010.  Revenue for the six months ended June 30, 2011 totaled $396,000 compared to $822,000 for the first six months of 2010.  Substantially all of the revenue in the second quarter and the first six months ended June 30, 2011 was from sales of a combination of one or more of WaferGen's SmartChip Systems, SmartChip Panels (disposable gene chips) and/or SmartChip Gene Expression Profiling Services, compared with a mix of SmartChip and SmartSlide revenue in 2010. The decrease in revenue is primarily due to the absence of sales of SmartChip Real-Time PCR Systems, along with a decrease in sales of the company's Real-Time PCR Chip panels and
'/>"/>

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

Page: 1 2 3 4 5 6 7 8

Related medicine technology :

1. WaferGen to Present at OneMedForum New York 2011
2. WaferGen Closes $30 Million Financing with Three Leading Life Science Institutional Investors
3. WaferGen Announces Data Presentations From Newly Launched High-Throughput SmartChip Human microRNA Panel V2 at Scientific Conferences, Including AACR
4. WaferGen Launches High-Throughput SmartChip Human MicroRNA Panel V2
5. WaferGen Reports Fourth Quarter and Full Year 2010 Financial Results
6. WaferGen Appoints Industry Leader Dr. Timothy J. Triche to Board of Directors
7. WaferGen to Present at 13th Annual BIO CEO and Investor Conference
8. WaferGen Appoints World-Renowned Clinical Genomics Cancer Researcher Dr. Arul M. Chinnaiyan to Scientific Advisory Board
9. WaferGen to Present at OneMedForum San Francisco 2011
10. WaferGen and Integrated BioBank of Luxembourg (IBBL) Sign Strategic Agreement for Molecular Diagnostic Research Collaboration and Purchase of SmartChip System
11. WaferGen Announces $7 Million Capital Raise -- $5 Million Equity Private Placement Agreement Signed, and $2 Million Credit Facility Closed
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/26/2014)...  Cohen, Placitella & Roth, PC is investigating ... Nymox Pharmaceutical Corporation ("Nymox" or "Company") (NASDAQ: ... 31, 2011 through November 2, 2014 ("Class Period").  ... its officers and directors publically disseminated materially false ... and 20(a) of the Securities Exchange Act of ...
(Date:11/26/2014)... VIEJO, Calif. , Nov. 26, 2014 /PRNewswire/ ... announced that the U.S. Food and Drug Administration ... its New Drug Application (NDA) for AVP-825. AVP-825 ... low-dose sumatriptan powder delivered intranasally utilizing a novel ... the Complete Response letter, and consistent with the ...
(Date:11/26/2014)...  BioScrip ® , Inc. (NASDAQ: BIOS ) announced ... Officer, will present at the Bank of America Merrill Lynch 2014 ... Date: , , , Wednesday, December 3, 2014 , , ... , , , Location: , , , Boca Raton Resort and ... BioScrip, Inc. is a leading national provider ...
Breaking Medicine Technology:Cohen, Placitella & Roth, PC Investigating Nymox Pharmaceutical Corporation for Failing to Disclose Material Information 2Cohen, Placitella & Roth, PC Investigating Nymox Pharmaceutical Corporation for Failing to Disclose Material Information 3Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 2Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 3Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 4
... Craneware, Inc., the market leader in automated revenue ... with Kingman Regional Medical Center, a 235-bed non-profit ... of the nation,s five star hospitals in community ... InSight Denials® to the range of Craneware Revenue ...
... Vanda Pharmaceuticals Inc. (Vanda) (NASDAQ: VNDA ), ... of products for central nervous system disorders, today announced ... will deliver a corporate presentation on Thursday, June 9, ... will take place as part of the Jefferies 2011 ...
Cached Medicine Technology:Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 2Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 3Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 4
(Date:11/28/2014)... (PRWEB) November 28, 2014 Before that Thanksgiving ... already preparing for the Christmas shopping season. Today, people will ... on Black Friday, the biggest retail shopping day of the ... or electronic device, New Albany dentist Dr. Ronald ... can improve oral health and literally brighten a few smiles. ...
(Date:11/28/2014)... November 28, 2014 talklocal ( ... to the right service professionals by phone in about 90 ... at least two tornadoes were reported to have touched down ... damage was reported following the tornadoes, Denver residents now know ... unexpected. Having TalkLocal is like having local pros in over ...
(Date:11/28/2014)... 28, 2014 Based in Minneapolis, MN, ... on delivering exemplary solutions to the income and asset ... In an effort to extend its reach across the ... protection, Secura Consultants has brought aboard financial service industry ... am a big believer in specialization. When I decided ...
(Date:11/28/2014)... This report presents a comprehensive investigation ... definite portrayal of the North American commercial center. ... variables driving the development of the business coupled ... of the business. , Complete report available ... the report "Worldwide Dental Report: 2014 Edition", low ...
(Date:11/28/2014)... CA (PRWEB) November 28, 2014 Top10inaction.com, ... officially announced the Best Styling Tools For Hair in ... hair styling tools, such as T3 Featherweight 2 Hair ... Dryer 2000, were listed. , With the significant increase ... devices become popular, but also home-used hair styling tools ...
Breaking Medicine News(10 mins):Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 2Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 3Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 4Health News:TalkLocal Launches In Denver A Week After Multiple Tornadoes Hit Near City 2Health News:Matt Lee, CLU, ChFC Joins Secura Consultants as New Brokerage Consultant 2Health News:Global Dental Market Report 2014 Edition Now Available at MarketReportsOnline.com 2Health News:Global Dental Market Report 2014 Edition Now Available at MarketReportsOnline.com 3Health News:T3 Featherweight 2 Hair Dryer Is Named As Best Hair Styling Tool 2
... Md., Dec. 7, 2011 A research team led by scientists ... this week showing how a bacterium, Helicobacter pylori , that ... been implicated in stomach cancer has managed for eons to turn ... it can thrive. Writing in a Journal of Biological ...
... recognize the following scenario: Their favorite player scores a three-point ... ball. But does the fact that he scored the last ... it change the probability that he will score again? ... Neiman at the Hebrew University in Jerusalem shatters the myth ...
... TUESDAY, Dec. 6 (HealthDay News) -- A woman,s risk of ... or is obese after age 60, a new study indicates. ... risk, but "the diabetes link had not been clearly shown," ... Lund University in Lund, Sweden. He is scheduled to ...
... symptoms following birth also reported intimate partner violence finds a ... International Journal of Obstetrics and Gynaecology . The study ... symptoms first reported this at six months after birth or ... abuse) in the perinatal period is associated with a range ...
... - Accelerated partial breast irradiation (APBI) brachytherapy, the ... as a treatment choice for women with early-stage ... later mastectomy, increased radiation-related toxicities and post-operative complications, ... to researchers from The University of Texas MD ...
... Supercomputer simulations at the Department of Energy,s Oak Ridge ... key class of proteins involved in drug detoxification. ... affiliated with ORNL and the University of Tennessee, have ... in a class of enzymes called P450s. Certain types ...
Cached Medicine News:Health News:Closing in on an ulcer- and cancer-causing bacterium 2Health News:Closing in on an ulcer- and cancer-causing bacterium 3Health News:Heads up Kobe Bryant! Research shows that trying for another 3-pointer is a mistake 2Health News:Diabetes, Obesity After 60 May Drive Up Breast Cancer Risk 2Health News:Depressive symptoms and intimate partner violence in the 12 months after childbirth 2Health News:Study finds side effects, complications, mastectomy more likely after partial breast irradiation 2Health News:Study finds side effects, complications, mastectomy more likely after partial breast irradiation 3Health News:Supercomputer reveals new details behind drug-processing protein model 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: