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11-04 :: April/May 2011
nanotimes
Companies Facts
a new supply arrangement is being negotiated, were $1.6 million in the first quarter of 2011, versus $2.3 million in the year-ago quarter.
Operational expenses in the first quarter 2011 were $11.7 million versus $12.1 million in the year-ago quarter. Costs of goods and services sold in the quar- ter were $1.4 million, as compared to $1.9 million in the first quarter of 2010. Costs and expenses of Flamel‘s research and development were $7.8 milli- on during the quarter, compared to $7.3 million in the first quarter of 2010. SG&A expenses during the first quarter of 2011 were $2.5 million versus $2.9 million in the year-ago quarter.
Net loss for the first quarter 2011 was ($4.9) million as compared to a net loss of ($4.0) million in the first quarter of 2010. Net loss per share (basic and dilut- ed) for the first quarter of 2011 was ($0.20), com- pared to a net loss per share (basic and diluted) in the year-ago period of ($0.17). Cash and marketable securities at the end of the first quarter totaled $26.0 million, which figure does not include the amount received from the license agreements with the spe- cialty pharmaceutical companies highlighted above. http://www.flamel.com
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luidigm (NASDAQ:FLDM) announced that its Singapore factory has manufactured and shipped more than 1 billion microscopic NanoFlex™ valves.
The billion valves built into Fluidigm’s integrated fluidic circuits (IFCs) are equivalent to the number of valves required for all the conventional plumbing for every home in California, Texas and New York (the three most populous states in the United States of
America).
Fluidigm’s NanoFlex valves stop or release the flow of liquids containing genetic samples and reagents in microfluidic chips used in life science research. http://www.fluidigm.com
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RX Polymers, Inc. (FRX), the inventor and manufacturer of an entirely new family of in-
herently flame retardant, transparent polymers and oligomers, has recently started up a 50 ton DPP (DiPhenyl methyl phosphonate) plant beginning in January 2010. The pilot plant currently runs 24 hours a day, 6 days a week. FRX is currently one of the only producers of DPP in the world. DPP is a key raw material used in the polymerization process of FRX’s polyphosphonate polymers and oligomers. “DPP is a strategic raw material for our business,” said Marc Lebel, FRX CEO. “We have spent the better part of two years developing a high yield process on a small scale and it is very gratifying to see this monomer scale-up so smoothly.” http://www.israelcleantech.com
igOptix, Inc. (OTCBB: GGOX), a leading supplier of high performance electronic and
electro-optic components that enable next genera- tion 40G and 100G optical networks, has received conditional approval to list GigOptix’s common stock on the NYSE Amex stock exchange. Final approval of the Company’s application is subject to certain enumerated conditions, including the closing of its merger with Endwave Corporation as well as continued compliance with other listing requi-
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