Close X
Tuesday, November 26, 2024
ADVT 
National

Ebola drug developer Tekmira's net loss widens during second quarter

Darpan News Desk IANS, 13 Aug, 2014 04:40 PM
    Tekmira Pharmaceuticals Corp. (TSX:TKM) says it's in talks with governments and non-governmental organizations in various countries about the potential use of its experimental Ebola drug in infected patients.
     
    Given the severity of the outbreak in West Africa, the Vancouver-based company says it's "carefully evaluating options" for using its unapproved TKM-Ebola drug, but it can't assure an appropriate framework will be found.
     
    Last week, the U.S. Food and Drug Administration relaxed a clinical hold on testing of TKM Ebola, potentially enabling its use in individuals stricken with the deadly virus.
     
    Ebola has killed more than 1,000 people in West Africa since March.
     
    Tekmira says its net loss in the second quarter was $6.1 million, or 28 cents per share, widening from $3 million, or 21 cents per share, in the same period a year earlier.
     
    Revenue dropped to $1.8 million from $2.8 million in the same 2013 quarter.

    MORE National ARTICLES

    Hacker used Canadian Internet provider to steal $83K Bitcoins: researchers

    Hacker used Canadian Internet provider to steal $83K Bitcoins: researchers
    Researchers with a cyber security firm say they have uncovered that a hacker used access to a Canadian Internet provider to hijack large foreign networks, stealing more than US$83,000 in virtual currency.

    Hacker used Canadian Internet provider to steal $83K Bitcoins: researchers

    Raymond Gravel: Federal MP, Priest, Social Activist Succumbs to Lung Cancer

    Raymond Gravel: Federal MP, Priest, Social Activist Succumbs to Lung Cancer
    Raymond Gravel, a former Bloc Quebecois MP and well-known Quebec priest, has died.

    Raymond Gravel: Federal MP, Priest, Social Activist Succumbs to Lung Cancer

    Police investigate after bomb threat made calling for Rob Ford's resignation

    Police investigate after bomb threat made calling for Rob Ford's resignation
    Police are investigating an email that threatens to bomb Toronto city hall unless Mayor Rob Ford resigns.

    Police investigate after bomb threat made calling for Rob Ford's resignation

    Canadian professor's appointment as head of UN commission on Gaza drawing fire

    Canadian professor's appointment as head of UN commission on Gaza drawing fire
    A Canadian law professor will chair a United Nations commission examining possible violations of the rules of war in Gaza, but the appointment is already drawing fire.

    Canadian professor's appointment as head of UN commission on Gaza drawing fire

    Statistics Canada says depression, PTSD, anxiety prevalent among military

    Statistics Canada says depression, PTSD, anxiety prevalent among military
    Canada's number crunching agency says about one in six members of the military have reported experiencing symptoms of mental or alcohol disorders.

    Statistics Canada says depression, PTSD, anxiety prevalent among military

    Smart meter model linked to fires not used by any Ontario utility: regulator

    Smart meter model linked to fires not used by any Ontario utility: regulator
    None of Ontario's utilities use the same model of so-called "smart" meters that has been linked to fires in Saskatchewan, the province's electricity regulator said Monday.

    Smart meter model linked to fires not used by any Ontario utility: regulator