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

NanoTechnology for Defense (NT4D) October 22nd, 2014

Mechanism behind nature's sparkles revealed October 22nd, 2014

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

Researchers patent a nanofluid that improves heat conductivity October 22nd, 2014

Nanomedicine

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

‘Designer’ nanodevice could improve treatment options for cancer sufferers October 22nd, 2014

Detecting Cancer Earlier is Goal of Rutgers-Developed Medical Imaging Technology: Rare earth nanocrystals and infrared light can reveal small cancerous tumors and cardiovascular lesions October 21st, 2014

Design of micro and nanoparticles to improve treatments for Alzheimers and Parkinsons: At the Faculty of Pharmacy of the UPV/EHU-University of the Basque Country encapsulation techniques are being developed to deliver correctly and effectively certain drugs October 20th, 2014

Announcements

NanoTechnology for Defense (NT4D) October 22nd, 2014

Mechanism behind nature's sparkles revealed October 22nd, 2014

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

Researchers patent a nanofluid that improves heat conductivity October 22nd, 2014

Financial Reports

Aspen Aerogels, Inc. Schedules Third Quarter 2014 Earnings Release and Conference Call for November 6, 2014 October 17th, 2014

Nanometrics to Announce Third Quarter Financial Results on October 28, 2014 October 8th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Arrowhead Reports Fiscal 2014 Third Quarter Financial Results and Provides Update on ARC-520 August 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