Close X
Sunday, September 29, 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

    B.C. government orders mine to plug further release from tailings pond

    B.C. government orders mine to plug further release from tailings pond
    The company that owns a gold and copper mine in British Columbia where a tailings pond burst, sending a massive wave of water and potentially toxic...

    B.C. government orders mine to plug further release from tailings pond

    B.C. boosts addictions research and treatment with $3 million in funding

    B.C. boosts addictions research and treatment with $3 million in funding
    VANCOUVER - The British Columbia government is boosting funding for addictions research and treatment in the province, with money directed at testing of a drug that...

    B.C. boosts addictions research and treatment with $3 million in funding

    First water test results from breached tailings pond expected today

    First water test results from breached tailings pond expected today
    An early assessment of the environmental impact of a mine tailings pond failure in British Columbia is expected today when the first water-testing results may be released....

    First water test results from breached tailings pond expected today

    Police arrest 3 after seizing drugs concealed in rice sacks from India

    Police arrest 3 after seizing drugs concealed in rice sacks from India
    Three Ontario residents are facing charges after police say they found large amounts of a "rave" drug and an amphetamine precursor hidden in rice sacks shipped from India....

    Police arrest 3 after seizing drugs concealed in rice sacks from India

    Russia bans food imports from Canada; 'we will not be intimidated,' says Moore

    Russia bans food imports from Canada; 'we will not be intimidated,' says Moore
    Russia is responding to fresh sanctions from Canada, the U.S. and other countries with a ban on food imports for a year, as well as threatening airspace retaliation....

    Russia bans food imports from Canada; 'we will not be intimidated,' says Moore

    Lagging immigration reform in U.S. good for Canada: Jason Kenney

    Lagging immigration reform in U.S. good for Canada: Jason Kenney
    Stalled immigration reforms in the United States are an opportunity for Canada to scoop up a wealth of young, "brilliant" foreign nationals and direct them into burgeoning tech-sector employment, the federal employment minister said 

    Lagging immigration reform in U.S. good for Canada: Jason Kenney