Close X
Monday, September 30, 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

    Canadian court rules against terror expert Gunaratna

    Canadian court rules against terror expert Gunaratna
    The Canadian Tamil Congress (CTC), which sued Sri Lanka-born terrorism expert Rohan Gunaratna for linking it to the LTTE, has been awarded $53,000 by a Canadian court

    Canadian court rules against terror expert Gunaratna

    Bieber's statue to be removed from Madame Tussauds

    Bieber's statue to be removed from Madame Tussauds
    Justin Bieber's wax statue will be removed from the Madame Tussauds museum in New York as the bosses feel that the showcase no "longer does justice" to the singer or the attraction. 

    Bieber's statue to be removed from Madame Tussauds

    Indian-Canadian who tried to lure minor to be sentenced next month

    Indian-Canadian who tried to lure minor to be sentenced next month
    32-year-old Yashandeep Dhillon tried to lure a 13-year-old girl for sex in 2010 will be sentenced next month

    Indian-Canadian who tried to lure minor to be sentenced next month