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

    TransLink delays Compass Card roll-out

    TransLink delays Compass Card roll-out
    TransLink's Compass Card program has been delayed with no specific date set for the roll-out of the automated fare card program.

    TransLink delays Compass Card roll-out

    Sim Bhullar becomes first Indo-Canadian player to join NBA

    Sim Bhullar becomes first Indo-Canadian player to join NBA
    Bhullar, 21, a centre from New Mexico State University, has signed a summer contract with the Sacramento Kings, a professional basketball team in the US, The American Bazar reported. 

    Sim Bhullar becomes first Indo-Canadian player to join NBA

    Talented builders construct a brand new hospital in only 90 hours

    Talented builders construct a brand new hospital in only 90 hours
    A group of builders from the Fraser Valley recently joined forces to demonstrate that it's possible to construct a new hospital from the ground up in about 90 hours.

    Talented builders construct a brand new hospital in only 90 hours

    Hurricane Arthur leaves 200,000 without power in Canada

    Hurricane Arthur leaves 200,000 without power in Canada
    Post-tropical storm Arthur hit Atlantic Canada with near-hurricane strength winds and torrential rains Saturday, knocking down trees, drenching southern New Brunswick, the National Post reported.

    Hurricane Arthur leaves 200,000 without power in Canada

    Immigration Minister Chris Alexander to Visit India

    Immigration Minister Chris Alexander to Visit India
    Canada's Citizenship and Immigration Minister Chris Alexander is on a visit to India from July 5 to 10.

    Immigration Minister Chris Alexander to Visit India

    Manitoba declares State of Emergency over flooding

    Manitoba declares State of Emergency over flooding
    Manitoba has declared a provincial state of emergency and has also asked the Canadian Armed Forces to assist in fighting the surge of floodwater coming from Saskatchewan.

    Manitoba declares State of Emergency over flooding