apple
- 25 Mar 2004 20:47
tabasco
- 15 Feb 2011 13:23
- 1387 of 1451
Anyone keeping an eye on this constant buying?.. Expect news.this is not the OXB that I know7p gone...
tabasco
- 02 Mar 2011 07:06
- 1388 of 1451
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DEC 2010
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TIDMOXB
RNS Number : 1393C
Oxford Biomedica PLC
02 March 2011
2011/OB/04
EMBARGOED UNTIL 7.00AM 2 MARCH 2011 2 MARCH 2011
OXFORD BIOMEDICA PLC
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2010
Oxford, UK - 2 March 2011: Oxford BioMedica plc ("Oxford BioMedica" or "the Company") (LSE: OXB), a leading gene therapy company, today announces its preliminary results for the year ended 31 December 2010.
Operational highlights:
ProSavin(R) : Parkinson's disease
-- Safety and tolerability endpoints sustained for >2 years, now extended to nine patients
-- Two-year Phase I/II data indicate long-term efficacy at lowest (1x) dose level
-- Improvements in "ON" time and quality of life, with stable or reduced L-DOPA, in all cohorts to date
-- Enhanced administration procedure is safe and reduced surgery delivery time at the 2x dose
-- Data Monitoring Committee supports progression to higher (5x) dose level cohort with initial data expected mid-2011
Ocular gene therapies: partnered with sanofi-aventis
-- RetinoStat(R) IND approval received from the FDA
-- StarGen(TM) CTA and IND dossiers submitted to AFSSAPS and FDA
-- First data from RetinoStat(R) Phase I study expected H1 2012
TroVax(R) : cancer
-- Phase II study in hormone refractory prostate cancer initiated with initial data expected from mid-2012
-- Positive TRIST analyses published in Clinical Cancer Research
-- Multiple collaborative studies expected to start in 2011
Financial highlights(1) :
-- Revenue of GBP11.2 million (2009: GBP19.1 million including exceptional revenue GBP10.1 million)
-- Research & development costs incl. exceptional items of GBP19.9 million (2009: GBP18.3 million)
-- Exceptional loss (impairment) of GBP3.9 million (2009: exceptional profit of GBP6.0 million)
-- Net loss before exceptional items of GBP6.3 million (2009: GBP9.5 million)
-- Net loss after exceptional items of GBP10.3 million (2009: GBP3.5 million)
-- Net cash burn(2) of GBP13.0 million (2009: net cash generated(2) GBP3.0 million)
-- Net cash(3) of GBP12.3 million (2009: GBP25.3 million)
1. Audited financial results
2. Net cash used in /generated from operating activities plus sales and purchases of non-current assets and interest received
3. Cash, cash equivalents and available for sale investments
Post-period end highlights:
-- Fundraising of GBP20 million before expenses, completed on 10 January 2011
-- Acquisition of manufacturing facility for GBP1.9 million, completed in February 2011
John Dawson, Chief Executive Officer at Oxford BioMedica, said: "2010 has been a successful year for Oxford BioMedica and our progress to date underlines the Company's strong fundamentals. We continue to build the value of our lead programmes and expect key data and milestones over the next 12-18 months for ProSavin(R) , TroVax(R) and the ocular products partnered with sanofi-aventis. Thanks to existing and new shareholders we were also able to secure GBP20 million of funding which will enable us to maximise the opportunities ahead, including the enhancement of our specialist manufacturing processes. With exciting future prospects, we remain committed to driving momentum and delivering value for shareholders."
-Ends
hangon
- 14 Mar 2011 13:36
- 1389 of 1451
All looks very good, except they haven't got a regular product to sell, so all of the above is window-dressing before the shop opens, (as it were). I hold this and recent placing, but the sp is refusing to leap into double figures despite what looks like a "good deal" =looking to the future, with that manufacturing plant.
Having their stuff made in-house should provide them with a strong hand in negotiations.....initially they can sell direct can't they?
But still the sp is not really responding well. Maybe a case of soon taking some nasty medicine - Oh No!
EDIT(5May2011)-AGM today and SP is barely 5p despite all that Cash and Potential. Recent ann. Director Options look like they've caught the same bug affecting most of the AIM market Co's. - that of fine words and no Deeds. We need a return to shareholder power - by which I mean those that pay their own money for shares....which is Thee and Me...not Institutions or Freebe handouts.
EDIT(19Jy2011)- 6.6p Yikes! up 10% on Buy, but probably not after Dealer charges, etc... However, general markets are jumpy, yet again.
EDIT (18Nov2011):- Oh deary, 5p for quite some while - no news, little excitement.
tabasco
- 04 Jul 2011 08:57
- 1390 of 1451
With 60mil shares traded over the last five days inclusive of today there is news on the waythat is a done deal!OXB have always had news leaks and this appears to be something substantial
Slight SP movement but hunch says a big day round the cornerrememberI will never use all my luck up!! Dyor.
Dil
- 04 Jul 2011 23:08
- 1391 of 1451
Oh ffs tabby another wing and a prayer job you got in at a much higher price.
Stick to mks.
tabasco
- 05 Jul 2011 06:23
- 1392 of 1451
Dil what are you like on logarithms or compound multiplication?not too good I would presumemy combined accounts are showing a double digit profit at this moment in time on OXBare you forgetting I am invincible!with you posting on the MDX thread along with the nobssuggest you are trying to provoke a situation
Im too happy mate!!! Family retired on BLNX alonethen SER came along.whoooooooshplus another on the wayIll tell you about it later. But I am still capable of telling a few to fcuk off!! So dont get cheeky..
tabasco
- 07 Jul 2011 18:15
- 1393 of 1451
Dilwhat are you one day on three months off?listenafter speaking with my usual crew I have a hunch that there is significant interest in this stock No ramp intended
Keep an eye on the trading patternsOXB are not very good at keeping secretsdont say I havent pointed you in the right directionJKDI am also telling you now OK?no silly post after the event please
Watch this space
tabasco
- 08 Jul 2011 11:03
- 1394 of 1451
Continued one-sided trading.what gives?
tabasco
- 11 Jul 2011 15:46
- 1395 of 1451
Same again today!
tabasco
- 12 Jul 2011 14:03
- 1396 of 1451
Same again today!
tabasco
- 22 Jul 2011 11:52
- 1397 of 1451
Very interesting on the ITV websiteTrovax is back in voguegood story for OXB...
http://www.itv.com/meridian-west/new-lung-cancer-medicine79290/
hangon
- 14 Dec 2011 15:00
- 1398 of 1451
It's true there was a decent rise mid-2011 (July Sun?) but it's been falling ever since.
OXB just never seems to keep hold of its rises, so I guess it mainly MM's having a laugh.
At these prices you'd expect folk to be falling over themselves, but I made a nice turn recently and sold half - should have sold them all.
+ Still have large holding from earlier and higher, say average 20p but reported deals will transform this foal into a thoroughbred winner (er, I hope!).
However, there is not much evidence others think the same...
Oakapples142
- 15 Dec 2011 11:05
- 1399 of 1451
The MMs are certainly at it to-day - 4 mil buys 1 mil sells and down 25%.
hangon
- 15 Dec 2011 20:47
- 1400 of 1451
I don't understand why there's been a great fall, I thought the clinical update was very positive - to the extent if they'd risen to 6p I might be a Buyer - but clearly the Market as a whole thinks this (result?) is Negative - were they expecting a OTC pill?
- oh no, I get it -Happy Pills, that's what they should have been making - and we've yet to hear if their "new facility" has be finished.
My comment yesterday, was premature, eh? "..However, there is not much evidence others think the same..."
mitzy
- 15 Dec 2011 21:40
- 1401 of 1451
ptholden
- 15 Dec 2011 21:43
- 1402 of 1451
So, who were part of tabasco's 'crew?'
Did try and tell him that drug comps were a waste of time but of course he knew better, hey ho.
hangon
- 20 Dec 2011 21:10
- 1403 of 1451
Anyone understand why the recent News has been treated as "bad"?
EDIT(10Feb2012)- A.Wood steps aside as FD; pity. +I bought some more last month as near cash-value approaches.
EDIT(15Feb2012)-Oh deary, Dir add a few to his 300,000shares (£9K)DYOR. Not exactly a big invt?
EDIT(17April2012) - Big rise on PhI/II PD results, but these were expected, weren't they? Back soon to 3p I guess.
EDIT,(6Jn2012)- 3p04 now just, below latest buys, to be expected with the Greeks rioting again, soon. I'm hopeful it will rise=double figures like 60p before we're Out.
robstuff
- 04 Apr 2012 18:42
- 1404 of 1451
Sp lowest ever, director buying, large shareholder increases stake over 15per cent. Prob get bought out at 10p
Dil
- 05 Apr 2012 01:16
- 1405 of 1451
Another winner Tabby ... ffs u can't half pick em.
Dil
- 05 Apr 2012 01:17
- 1406 of 1451
BTW ... who you posting as now ?