Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Starpharma Holdings Limited (ASX:SPL) Announce Final Report and Annual Results

Abstract:
Starpharma Holdings Limited (ASX:SPL)(PINK:SPHRY) today announced its full year financial results for the year ended 30 June 2008.

Starpharma Holdings Limited (ASX:SPL) Announce Final Report and Annual Results

Melbourne, Australia | Posted on August 27th, 2008

Total operating and investing outflows for the year were A$5.4 million, and at the end of June 2008 the Company held cash reserves of A$7.5 million. Net cash outflows for the year of A$2.0 million included a financing inflow of A$3.4 million.

The net loss for the period was A$7.5 million, compared with A$7.2 million for the previous year.

Revenue from ordinary activities increased by 17% to A$1.7 million over the period, consisting of royalty and licensing revenue of A$1.4 million, and interest revenue on cash held. Other income of A$8.2 million consisted of grant income from United States and Australian Government grants. The majority of US Government grants were from the National Institutes of Health (NIH).

Further details of the financial results are included in the Preliminary Final Report to Australian Securities Exchange (ASX).

During this reporting period the Company has made substantial progress as highlighted by the following announcements over the year:

Commercial development

- The signing of an agreement with leading condom company SSL International plc, owner of the Durex(R) brand, for co-development of VivaGel(R)-coated condoms.

- The signing of a collaborative research agreement with Stiefel - the world's largest privately-owned dermatology pharmaceutical company.

- First commercial product launch of Priostar(R) Dendrimers - EMD Chemicals Inc. launch a research reagent kit called NanoJuiceTM Transfection Kit. VivaGel(R): Clinical Development and New Indications

- Clinical trial demonstrates that VivaGel(R) is safe and well-tolerated in women following twice daily dosing for 14 days - 54 sexually abstinent women tested in double-blind study in US and Kenya.

- Potential to expand VivaGel(R) applications to genital warts and cervical cancer - pre-clinical data demonstrates the active ingredient in VivaGel(R), SPL7013, inhibits clinically-relevant strains of human papillomavirus (HPV).

Pipeline and Application development

- SPL7013, the active ingredient in VivaGel(R), found to have potential application for arthritis and dermatology treatments.

- Starpharma and Baker IDI Heart and Diabetes Institute awarded funding for codevelopment of arterial disease imaging agent.

- US$1.3 million US Defense Department contract awarded to DNT and Central Michigan University Research Corporation to develop water purification technology.

- Dendrimer technology applications expanded to food science with Unilever agreement to co-develop a research tool using Starpharma's Priostar(R) dendrimer technology.

####

About Starpharma Holdings Limited
Starpharma Holdings Limited (ASX:SPL, OTCQX:SPHRY) is a world leader in the development of dendrimer nanotechnology for pharmaceutical, life-science and other applications. SPL is principally composed of two operating companies, Starpharma Pty Ltd in Melbourne, Australia and Dendritic Nanotechnologies, Inc in Michigan, USA. Products based on SPL's dendrimer technology are already on the market in the form of diagnostic elements and laboratory reagents.

The Company's lead pharmaceutical development product is VivaGel(R) (SPL7013 Gel), a vaginal microbicide designed to prevent the transmission of STIs, including HIV and genital herpes.

For more information, please click here

Contacts:
Dr Jackie Fairley
Chief Executive Officer
TEL: +61-3-8532-2704

Copyright © Starpharma Holdings Limited

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014

Deadline Announced for Registration in 7th Int'l Nanotechnology Festival in Iran July 23rd, 2014

A Crystal Wedding in the Nanocosmos July 23rd, 2014

Nanomedicine

Researchers create vaccine for dust-mite allergies Main Page Content: Vaccine reduced lung inflammation to allergens in lab and animal tests July 22nd, 2014

NIST shows ultrasonically propelled nanorods spin dizzyingly fast July 22nd, 2014

SentiMag® Now Available in Australia and New Zealand July 21st, 2014

More than glitter: Scientists explain how gold nanoparticles easily penetrate cells, making them useful for delivering drugs July 21st, 2014

Announcements

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014

Deadline Announced for Registration in 7th Int'l Nanotechnology Festival in Iran July 23rd, 2014

A Crystal Wedding in the Nanocosmos July 23rd, 2014

Financial Reports

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 July 23rd, 2014

Aspen Aerogels, Inc. Schedules Second Quarter 2014 Earnings Release and Conference Call July 15th, 2014

Nanometrics to Announce Second Quarter Financial Results on July 30, 2014 July 9th, 2014

Small, but heading for the big time: Nanobiotix revenue for the 1st quarter of 2014 and new composition of the shareholding May 12th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE