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WCTF.org Transplant NewsTransplant news, links, and other general medical news -- updated regularly.Wednesday, April 23, 2008Heart Transplant - St. Luke's Episcopal Health System
Your Care Team During your stay at St. Luke's Episcopal Hospital, you will be cared for by many different people—members of your Transplant Team, as well as others. [more]
NAFLD AND NASH Linked to Metabolic Syndrome and Cardiovascular Disease
NAFLD AND NASH Linked to Metabolic Syndrome and Cardiovascular Disease
Patients With Fatty Liver are at Increased Risk of Cardiovascular Disease Prevalence Estimates Vary Widely, and Approach 25% Among Adults Risk Factors for Fatty Liver Include Overweight, Type 2 Diabetes, and Sedentary Lifestyle MILAN, April 24/PRNewswire/ -- Data presented at today's sessions of the 43rd Annual Meeting NAFLD and NASH are significant health problems that affect In turn, the metabolic syndrome is a combination of risk According to Dr. Fabio Marra, Associate Professor of Medicine The precise prevalence of NAFLD and NASH within individual While a number of risk factors have been identified, the Although NAFLD and NASH have not to date been included as Among key unanswered questions: Why do some people with NAFLD At present, there are no specific therapies for NASH. Among About EASL The European Association for the Study of the Liver (EASL) Source: EASL - European Association for the Study of the Liver For more information: Carolina Annand / Karine Elkobbi / Melisa Corrigan, carolinaannand@eurorscg.com / karine.elkobbi@eurorscg.com / melisa.corrigan@eurorscg.com; Tel. +33-617-43-03-38 / +33-6-61-17-44-77 / +39-328-411-01-38, Euro RSCG Life
Statement by the President: National Donate Life Month (Business Wire via Yahoo! Finance)
Statement by the President: National Donate Life Month (Business Wire via Yahoo! Finance)
WASHINGTON----During National Donate Life Month, we show our appreciation for our fellow Americans who have saved lives by becoming organ, tissue, marrow, and blood donors, and we honor the health care professionals, researchers, and others involved in this life-saving work. President Recognizes Sharp HealthCare With 2007 Malcolm Baldrige National Quality Award at White House
President Recognizes Sharp HealthCare With 2007 Malcolm Baldrige National Quality Award at White House
WASHINGTON, D.C. and SAN DIEGO, April 23 /PRNewswire/ -- President George W. Bush personally recognized Sharp HealthCare today with the 2007 Malcolm Baldrige National Quality Award at a private event at the White House. Sharp HealthCare is one of only five organizations in the country, and the only one in California, to receive the 2007 Baldrige Award, the nation's highest Presidential honor for quality and organizational performance excellence. (Photo: http://www.newscom.com/cgi-bin/prnh/20080423/LAW553) Following the President's reception, Sharp representatives received the award from Commerce Secretary Carlos Gutierrez in a ceremony held in conjunction with the Baldrige program's annual Quest for Excellence Conference. The Quest for Excellence Conference provides a forum for Baldrige Award recipients to showcase their exceptional performance practices and share their journeys to excellence with interested businesses and organizations from around the country and the world. "The Baldrige criteria and our unwavering commitment to quality, satisfaction and continuous improvement have helped us toward our vision to be the best place to work, practice medicine and receive care," said Mike Murphy, President and CEO of Sharp HealthCare, which is one of the largest health care systems in Southern California. "We believe we are changing health care for the better, and the Baldrige evaluation process and recognition have fanned the flames of enthusiasm to continue on our quest." At the forefront of Sharp's commitment to excellence is The Sharp Experience, a sweeping performance improvement initiative launched in 2001. This initiative has resulted in numerous advances in clinical outcomes, patient safety enhancements and organizational and service improvements. These include best-practice blood sugar control in patients with diabetes; technological innovations for patient safety; sustained improvements from use of Lean Six Sigma; employee turnover rates well below the industry average; physician satisfaction consistently in the top decile nationwide; and significantly improved patient satisfaction across the entire Sharp system. In addition to receiving the 2007 Baldrige Award, Sharp HealthCare was the first health care system to be named a gold-level award recipient by the California Council for Excellence (CCE) for the California Awards for Performance Excellence (CAPE) program, the state-level affiliate of the Baldrige Award, in 2006. Sharp HealthCare Named 2007 Baldrige Recipient Last November, Sharp and the other 2007 Baldrige Award recipients were selected from among 84 applicants. All of the applicants were evaluated rigorously by an independent board of examiners in seven areas: leadership; strategic planning; customer and market focus; measurement, analysis and knowledge management; human resource focus; process management; and results. The evaluation process for the 2007 Baldrige Award recipients included about 1,000 hours of review and an on-site visit by teams of examiners to clarify questions and verify information in the applications. About Sharp HealthCare Ranked as the number-one integrated health care system in California by Modern Healthcare, Sharp HealthCare is San Diego's most comprehensive health care delivery system. It is recognized for clinical excellence for services in cardiac, cancer, and multiorgan transplantation, as well as orthopaedics, rehabilitation, behavioral health and women's health. The Sharp system includes four acute-care hospitals, three specialty hospitals, three affiliated medical groups and a health plan. To learn more about Sharp, visit http://www.sharp.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080423/LAW553 http://photoarchive.ap.org/ CONTACT: John Cihomsky, +1-858-499-4117, john.cihomsky@sharp.com, or Erica Web site: http://www.sharp.com/
NIOXIN(R) Research Laboratories First to Market HairDX Genetic Test for Women's Hair Loss
NIOXIN(R) Research Laboratories First to Market HairDX Genetic Test for Women's Hair Loss
Online Availability Allows Women to Privately Test for Hair Loss LITHIA SPRINGS, Ga., April 23 /PRNewswire/ -- NIOXIN(R) Research Laboratories, the leader in professional skincare for the scalp, has entered into an agreement with HairDX, LLC to market the world's first genetic test for predicting female hair loss. NIOXIN(R), known throughout the industry as a force in the thinning hair category, will market this test to consumers through multiple vehicles including professional salons and beauty stores. Today's launch offers a chance at prevention for women at risk of losing their hair. The easy to understand test provides an accurate and understandable genetic analysis of a woman's likelihood of developing a common type of hair loss called Female Androgenetic Alopecia. Scientists have identified markers associated with female hair loss and the test uses these markers to provide women with insight into their potential for hair loss. By providing a score called the CAG repeat score, a woman can learn about her likelihood of hair loss. A smaller CAG repeat score is associated with a higher risk for significant hair loss, also known as Ludwig grade II or III hair loss, while a larger repeat score is associated with a lower risk for hair loss. "Scientists discovered that the percentage of the female population with a CAG repeat length of 15 or less, NOT suffering from a Ludwig grade II or III hair loss was only 2.3%," says Dr. Nathan Vandergraft, a Statistician and Research Scientist at the University of California, Irvine. "NIOXIN is pleased to join forces with HairDX to be the first to bring this innovative technology to market for the benefit of women around the world who experience hair loss and seek a greater understanding of this issue. This is a highly sensitive concern for women and we take great pride in empowering them with valuable information in a format that ensures confidentiality," says Brian Graham, CEO of NIOXIN(R) Research Laboratories. This simple and easy to use test costs $149. The customer orders the test kit on the Internet, at www.nioxin.com, and it is shipped to her home. After swabbing the inner cheek for several seconds the customer returns the swab to the HairDX lab. HairDX performs a confidential and anonymous genetic analysis of her CAG repeat score. The results are delivered via a secure and private Web site. "This test is revolutionary. The cause of female hair loss is often elusive and at times misdiagnosed," said HairDX CEO Andy Goren. "While the cause of female hair loss may not be completely understood genetically, there are strong genetic markers that are associated with the risk of developing Androgenetic Alopecia. HairDX developed a breakthrough patent pending test for those markers." NIOXIN(R) Research Laboratories has, for 20 years provided consumers and professionals with products that help restore scalp and hair health. The introduction of the Female Hair Loss Test allows the Company to help consumers realize the importance of scalp health in relation to healthy hair. This is very beneficial information for women when considering any kind of preventative treatment. About NIOXIN(R) Research Laboratories Inc. NIOXIN(R) is the leading provider of advanced skincare solutions that treat the scalp to improve the appearance of fine and thinning hair. Founded in 1987 by Eva Graham, this privately-held company has been dedicated to providing education and products for consumers through the professional salon industry around the world. Distributed in more than 42 countries on six continents, NIOXIN(R) continues to define the meaning of innovation and leadership for the global market of fine and thinning hair. Additional information is available at www.nioxin.com or at 800-789-9617. About HairDX
Among HairDX founders is William V. Murray former Division President of the Molecular Biology Division of Applied BioSystems, Inc., who formerly served in various executive leadership positions within Medtronic, Andy Goren, former CEO of MobileWise, Inc. and GeePS, Inc., Eran Goren, CEO of enCircle Media, Inc., Professor Doron Lancet, PhD, Head of the Crown Human Genome Center at the Department of Molecular Genetics, Weizmann Institute of Science, Dr Elon Pras, Director of the Institute of Human Genetics, Sheba Medical Center in Tel-Hashomer, Israel, Sharon Keene, MD and President and Medical Director of Physician's Hair Institute, in Tucson, Arizona and nationally recognized for her pioneering work in the hair transplant field, Dr. Peter Novak, a Neurologist at the University of Massachusetts Medical Center, Elliott J. Stein, an intellectual property attorney and co-founder of GeePS, Inc., Mace Wolf, and Darlene Frie. HairDX, LLC is a subsidiary of myGenopedia, Inc. More information is available at www.hairdx.com and www.hairdx.com/spanish Source: NIOXIN(R) Research Laboratories Inc. CONTACT: Nikki Walker of NIOXIN Research Laboratories, +1-678-229-3488, Web site: http://www.nioxin.com/
More Clinical Data Required to Support European Approval of CAP Indication for TYGACIL
More Clinical Data Required to Support European Approval of CAP Indication for TYGACIL
Wyeth Withdraws European Application COLLEGEVILLE, Pa., April 23 /PRNewswire-FirstCall/ -- Wyeth Pharmaceuticals, a division of Wyeth (NYSE:WYE), announced today that it is withdrawing its application for an extension to the European Marketing Authorization for TYGACIL(R) (tigecycline). This extension sought approval of TYGACIL for the treatment of community-acquired pneumonia (CAP). Wyeth's action is based on its understanding of the Committee for Medicinal Products for Human Use (CHMP) assessment that the TYGACIL CAP pivotal clinical trials did not include a sufficient number of severely ill CAP patients to alleviate reviewer concerns regarding efficacy in this subpopulation. TYGACIL is currently approved in Europe for the treatment of complicated intra-abdominal infections and complicated skin and soft tissue infections in adults. "We are disappointed that we were not able to allay the concerns of the CHMP, and are evaluating the appropriate next steps to take in Europe," says Gary L. Stiles, M.D., Executive Vice President and Chief Medical Officer, Wyeth Pharmaceuticals. "In October 2007, the U.S. Food and Drug Administration (FDA) accepted the filing of our supplemental New Drug Application for TYGACIL for the treatment of patients with CAP. We believe that the clinical trial data submitted to the FDA, as well as other regulatory authorities around the world, demonstrate the safety and efficacy of TYGACIL for the proposed CAP indication." The FDA is currently reviewing this application and a decision is expected during the second quarter of 2008. TYGACIL has been approved for use in patients with CAP in the Philippines and Thailand. Regulatory applications are also pending in Australia, Brazil, Canada, Switzerland and India. Indications
Please see Prescribing Information.
Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing and marketing of pharmaceuticals, vaccines, biotechnology products, nutritionals and non-prescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals, Wyeth Consumer Healthcare and Fort Dodge Animal Health. The statements in this press release that are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, the inherent uncertainty of the timing and success of, and expense associated with, research, development, regulatory approval and commercialization of our products and pipeline products; government cost- containment initiatives; restrictions on third-party payments for our products; substantial competition in our industry, including from branded and generic products; emerging data on our products and pipeline products; the importance of strong performance from our principal products and our anticipated new product introductions; the highly regulated nature of our business; product liability, intellectual property and other litigation risks and environmental liabilities; uncertainty regarding our intellectual property rights and those of others; difficulties associated with, and regulatory compliance with respect to, manufacturing of our products; risks associated with our strategic relationships; economic conditions including interest and currency exchange rate fluctuations; changes in generally accepted accounting principles; trade buying patterns; the impact of legislation and regulatory compliance; risks and uncertainties associated with global operations and sales; and other risks and uncertainties, including those detailed from time to time in our periodic reports filed with the Securities and Exchange Commission, including our current reports on Form 8-K, quarterly reports on Form 10-Q and annual report on Form 10-K, particularly the discussion under the caption "Item 1A, Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2007, which was filed with the Securities and Exchange Commission on February 29, 2008. The forward-looking statements in this press release are qualified by these risk factors. We assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise. First Call Analyst:
CONTACT: Media Contacts: Sal Foti, Wyeth Pharmaceuticals, Web site:
Family Marks Anniversary Of Child's Heart Transplant (WCMH Columbus)
Ian Sanchez is a happy and healthy 2-year-old boy. You'd never know that at only 3 months old, he was given a new heart. Sunday marks the 2nd anniversary of Ian's transplant. [more]
Thousands Sign Petitions Urging Governor Crist and Legislative Leaders to Save Healthcare Coverage for 40,000 Floridians
Thousands Sign Petitions Urging Governor Crist and Legislative Leaders to Save Healthcare Coverage for 40,000 Floridians
TALLAHASSEE, Fla., April 23 /PRNewswire/ -- Florida's elected leaders received a message from thousands of Floridians today -- more than 16,500 petitions urging Governor Charlie Crist and legislative leaders not to eliminate two vital Medicaid programs that serve 40,000 of the state's most vulnerable citizens. Driven by ambulance and then carried into the state Capitol by gurney, the petitions ask Governor Crist, Senate President Ken Pruitt, and House Speaker Marco Rubio to save the Medically Needy and Medicaid/Aged and Disabled programs by tapping alternative sources of revenue. Petition signers are imploring Governor Crist and legislative leaders to: -- Approve the use of the Lawton Chiles Endowment fund;
Hoping to close a nearly $4 billion state budget shortfall, legislators are considering slashing $1.2 billion in health and human services programs this year -- including about $500 million in Medicaid reimbursement cuts to hospitals. That includes cutting nearly $355 million in state and federal funding for the hospital coverage of the Medically Needy and Medicaid/Aged and Disabled programs. "Cuts to these programs reflect a shortsighted solution to the budget deficit," said Mark O'Bryant, president and CEO of Tallahassee Memorial HealthCare, and vice chair of the Florida Hospital Association Board of Trustees. "With these 16,500 petitions, legislators are seeing just the first wave of Floridians who feel great concern over budget cuts that could prove life-threatening to many of our most vulnerable citizens." The Florida Hospital Association generated the petitions in just one week after asking the hospital community and its supporters to speak out on the cuts. In addition to the petitions, about 42,000 e-mails were sent to members of the Senate and House Health and Human Services appropriations committees urging them not to cut the two Medicaid programs. The Medically Needy program serves nearly 20,000 of the state's "working poor" and provides coverage to patients with chronic illnesses, catastrophic injuries, and organ transplants. The Medicaid/Aged and Disabled program -- targeted by the Senate for total elimination -- provides healthcare coverage for about 24,000 low-income elderly and people who are permanently or totally disabled. "Many poor and sick Floridians hope legislators will think hard about the real life and death consequences of cutting these programs," said Mary Ellen Ross of Delray Beach, executive director of the Florida Transplant Survivors Coalition. Ross has been in the Medically Needy program since 1999, when she received a liver and bone marrow transplant. "If Medically Needy takes the hit lawmakers are proposing, it will cut the only lifeline available to uninsured victims of traumatic accidents and catastrophic illness, along with organ transplant recipients. It could literally mean death to many of these people." In the petition, supporters asked the Governor and legislative leaders to invest $158 million in state funding into the hospital component of the Medically Needy and Medicaid/Aged and Disabled programs, which will allow Florida to draw down another $196 million in federal funds already earmarked to help the state's poor and sick. Tony Carvalho, president of the Safety Net Hospital Alliance of Florida, called the Legislature's plans to eliminate or cut back on these programs a "terrible" mistake. Carvalho noted that the Medically Needy program is a "safety net for all Floridians" because it provides healthcare coverage to citizens who are uninsured or suddenly lose their health insurance, and then suffer a catastrophic injury or serious illness that drains their personal finances. "None of us can be assured that we will not need this program one day, through no fault of our own," Carvalho said. "Cutting or reducing these programs will create human tragedy after tragedy, as many of these patients will be placed in life-threatening situations," he said. "On top of that, when you consider that our state stands to forfeit tens of millions in federal matching funds, what this adds up to is not only hurtful, but represents a bad business decision by the State of Florida." All Floridians will be impacted by the Legislature's Medicaid cuts, Carvalho said. Local communities will be forced to raise local indigent care taxes. More sick people will crowd into emergency rooms, increasing the amount of free care that hospitals are forced to provide and raising the cost of healthcare for everyone else. Additionally, health premiums will increase, making Florida businesses less competitive and adding to the ranks of the state's uninsured, Carvalho said. First Call Analyst:
CONTACT: Rich Rasmussen, Vice President for Strategic Communications,
Ont. to pay organ donor costs (CNews)
Living organ donors and organ recipients in Ontario will be compensated for out-of-pocket expenses when they donate or receive a transplant, Health Minister George Smitherman announced yesterday. [continued]
Genzyme Reports Strong First-Quarter Growth
Genzyme Reports Strong First-Quarter Growth
Non-GAAP EPS Increased 22 Percent CAMBRIDGE, Mass., April 23 /PRNewswire-FirstCall/ -- Genzyme Corporation (NASDAQ:GENZ) today reported results for the first quarter of 2008, which featured excellent revenue growth, continued operating leverage, a significant increase in non-GAAP profit, and strong progress across the company. First-Quarter Highlights -- GAAP net income in the first quarter was $145.3 million, or $0.52 per -- Non-GAAP net income increased 24 percent to $260.9 million, compared -- Non-GAAP operating expenses decreased as a percentage of revenue, -- Genzyme continued to generate significant cash from operations and to -- Genzyme is also using a portion of its operating cash flow to
Financial Guidance -- GAAP earnings in 2008 are expected to be approximately $2.65 per -- Genzyme reaffirmed its commitment to 20 percent growth in compound non- -- Myozyme sales are expected to be approximately $275-$285 million this -- Non-GAAP earnings per share for the second quarter are expected to be First-Quarter Product Sales -- First-quarter sales of Cerezyme(R) (imiglucerase for injection) rose 15 -- Sales of Fabrazyme(R) (agalsidase beta) grew 16 percent in the quarter, -- Sales of Aldurazyme(R) (laronidase) increased 38 percent to $37.0 -- Sales of Thyrogen(R) (thyrotropin alfa for injection) grew 28 percent -- Within the Renal business, sales of sevelamer therapies Renagel(R) -- Within the Transplant business, first-quarter sales of Thymoglobulin(R) -- Within the Biosurgery business, sales of Synvisc(R) (hylan G-F 20) and -- Sales of Sepra(R) products continued to be strong, rising 32 percent to -- First-quarter revenue for the Genetics business increased 12 percent to -- Oncology revenue increased 29 percent in the first quarter to $29.0
Mozobil(TM) (plerixafor) for stem-cell transplantation -- Genzyme plans to file mid year for U.S. and European approval for
-- Clolar is approved in the United States and Europe for the treatment of Genzyme is developing a new filing for the adult AML indication in
-- Final, three-year efficacy and safety data from the Phase 2 trial
-- Genzyme is making excellent progress in developing the small molecule
This press release contains forward-looking statements regarding Genzyme's financial outlook and business plans and strategies, including without limitation: its Q2 2008, YE 2008 and YE 20011 earnings guidance; its anticipated CAGR through 2011; its expectations for approval of Myozyme produced at the 2000L capacity and the timing thereof; its plans to seek regulatory approvals of existing products for use in new indications, including Renvela for CKD, the timetables therefore and the impact of such approvals on the company; its plans and estimated timetables for new and next- generation product filings, regulatory actions and launches, including for Mozobil, Clolar, alemtuzumab-MS, mipomersen, Genz-112638 and Synvisc-ONE and the assessment of the market potential of such products; its projected Myozyme revenues for 2008; and its anticipated growth drivers for certain products and businesses, including Genetics and Thymoglobulin. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those forecasted. These risks and uncertainties include, among others: Genzyme's ability to successfully complete preclinical and clinical development of its products and product candidates, including Mozobil, Clolar, alemtuzumab-MS, mipomersen, and Genz-112638; Genzyme's ability to expand the use of current and next-generation products in existing and new indications, including Renvela and Synvisc-ONE; Genzyme's ability to obtain and maintain regulatory approvals for products and manufacturing facilities, including Myozyme produced at the 2000L scale in the US and at the 4000L scale in Europe and the timing of receipt of such approvals; Genzyme's ability to manufacture its products, including Thymoglobulin and its LSD therapies in a timely and cost effective manner and in sufficient quantities to meet demand; and the risks and uncertainties described in Genzyme's SEC reports filed under the Securities Exchange Act of 1934, including the factors discussed under the caption "Risk Factors" in Genzyme's 2007 Annual Report on Form 10-K. Genzyme cautions investors not to place substantial reliance on the forward-looking statements contained in this press release. These statements speak only as of today's date and Genzyme undertakes no obligation to update or revise the statements. Genzyme(R), Myozyme(R), Fabrazyme(R), Cerezyme(R), Thyrogen(R), Renagel(R), Renvela(R), Thymoglobulin(R), Synvisc(R), Campath(R) and Clolar(R) are registered trademarks of and Mozobil(TM) and Synvisc-ONE(TM) are unregistered trademarks of Genzyme or its subsidiaries. Aldurazyme(R) is a registered trademark of BioMarin/Genzyme LLC. All rights reserved. About Genzyme One of the world's leading biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases. Since 1981, the company has grown from a small start-up to a diversified enterprise with more than 10,000 employees in locations spanning the globe and 2007 revenues of $3.8 billion. In 2007, Genzyme was chosen to receive the National Medal of Technology, the highest honor awarded by the President of the United States for technological innovation. With many established products and services helping patients in nearly 90 countries, Genzyme is a leader in the effort to develop and apply the most advanced technologies in the life sciences. The company's products and services are focused on rare inherited disorders, kidney disease, orthopaedics, cancer, transplant, and diagnostic testing. Genzyme's commitment to innovation continues today with a substantial development program focused on these fields, as well as immune disease, cardiovascular disease, and other areas of unmet medical need. Conference Call Information Genzyme will host a conference call today at 11:00 a.m. Eastern to discuss results for the first quarter of 2008. To participate in the call, please dial 773-799-3828 and refer to pass code "Genzyme." A replay of this call will be available by dialing 402-998-1342. This call will also be Webcast live on the investor events section of www.genzyme.com. Replays of the call and the Webcast will be available until midnight April 30, 2008. Upcoming Events Genzyme will host a conference call on July 23, 2008 at 11:00 a.m. Eastern to discuss financial results for the second quarter of 2008. To participate in the call, please dial 773-799-3828 and refer to pass code "Genzyme." A replay of this call will be available by dialing 402-998-1342. This call will also be Webcast live on the investor events section of www.genzyme.com. Replays of the call and the Webcast will be available until midnight on July 30, 2008. Genzyme's press releases and other company information are available at www.genzyme.com and by calling Genzyme's investor information line at 1-800-905-4369 within the United States or 1-678-999-4572 outside the United States. Media Contact: Investor Contact: GENZYME CORPORATION (GENZ) Total revenues $1,100,061 $883,183 Operating costs and expenses: Other income (expenses): Net income (loss) per share: Diluted (1,4) $0.52 $0.57 Weighted average shares outstanding: Diluted (1,4) 285,208 279,924
Diluted earnings per share and diluted weighted average shares outstanding (2) Includes a charge of $(69,900)K recorded in February 2008 representing (3) For the three months ended March 31, 2007, includes a pre-tax gain of (4) All periods reflect the adoption of Emerging Issues Task Force Issue GENZYME CORPORATION (GENZ) Cash and all marketable securities $1,447,983 $1,460,394 Current liabilities $1,475,663 $1,502,406 (1) Effective January 1, 2008, in connection with the restructuring of (2) As of March 31, 2008, Other assets includes $80,100K for the fair GENZYME CORPORATION Dilution
Total revenues $1,100,061 Cost of products Selling, general and Research and development $(180,312) $(69,900) Amortization of Equity in income (loss) Minority interest $463 Gains (losses) on Other $(160) Investment income $14,870 Interest expense $(1,655) Summary: Income (loss) before (Provision for) benefit Net income (loss) $260,895 $- $(56,472)
Diluted (1) $0.95 $(0.03) $(0.20) Weighted average Diluted (1) 275,522 9,686 FAS 123R GAAP As Income Statement Total revenues $1,100,061 Cost of products Selling, general Research and development $(12,585) $(262,797) Amortization of Equity in income (loss) Minority interest $463 Gains (losses) on investments Other $(160) Investment income $14,870 Interest expense $(1,655)
Income (loss) before income (Provision for) benefit Net income (loss) $(29,701) $(29,451) $145,271 Net income (loss) per share: Diluted (1) $(0.10) $(0.10) $0.52 Weighted average shares Diluted (1) 285,208
GENZYME 2008 GUIDANCE April 21, 2008 Guidance Cerezyme 1,215 1,240 Total Transplant 210 220 Synvisc 270 280 Total Diag/Genetics 475 485 Total Other 260 270 **GROSS MARGIN approx. 77% **SG&A approx. 27% TAX RATE - GAAP approx. 30%
***WTD AVERAGE SHARES O/S approx. 274 CAPITAL EXPENDITURES approx. $500
* Non-GAAP tax rate excludes the impact of amortization, one-time events,
CONTACT: Media, Bo Piela, +1-617-768-6579, or Investors, Patrick Web site: Company News On-Call: http://www.prnewswire.com/comp/113803.html
Eternally grateful for organ donors; Double lung, heart transplant patient wants Saultites to know signing card will ... (The Sault Star)
Beverly Defend has done things in the last four years she never dreamed of - like flying in an airplane, or walking down her street. Defend, 56, had a double lung and heart transplant in 2004; an operation doctors said would give her an extra five years [...] [read more]
Liver Diseases: A Huge European Health Burden, But Some Trends are Positive
Liver Diseases: A Huge European Health Burden, But Some Trends are Positive
29 Million EU Citizens (6%) Have Liver Diseases, 5th Most Common Cause of Death Yearly, Liver Cancer Alone Takes 40,000 Lives; Alcohol Abuse Takes 13,000 Number With Fatty Liver Disease Stable or Growing; Viral Hepatitis Declines MILAN, April 23/PRNewswire/ -- More than 6,000 physicians and scientists from around the Hepatologists (liver disease specialists) study and treat a The transition from an acute to a chronic state occurs when Estimates suggest 10 million carriers of viral hepatitis in Despite improved prevention, diagnosis, and treatment, the About EASL The European Association for the Study of the Liver (EASL) Source: EASL - European Association for the Study of the Liver For more information: Carolina Annand / Karine Elkobbi / Melisa Corrigan, carolinaannand@eurorscg.com / karine.elkobbi@eurorscg.com /, melisa.corrigan@eurorscg.com, Tel. +33-617-43-03-38 / +33-6-61-17-44-77 / +39-328-411-01-38, Euro RSCG Life
Life is good for organ recipient (The Sault Star)
Beverly Defend has done things in the last four years she never dreamed of – like flying in an airplane, or walking down her street. The 56-year-old had a double lung and heart transplant in 2004; an operation doctors said would give her an extra five years of life. [...] [continued]
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