Close X
Saturday, September 28, 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

    NDP's controversial satellite-office expenses offside, Commons committee rules

    NDP's controversial satellite-office expenses offside, Commons committee rules
    The committee that oversees House of Commons spending says the Opposition New Democrats owe a "significant" sum for salaries improperly paid to aides who worked out of satellite party offices in Quebec.

    NDP's controversial satellite-office expenses offside, Commons committee rules

    Monument to missing, murdered aboriginal woman unveiled in Winnipeg

    Monument to missing, murdered aboriginal woman unveiled in Winnipeg
    A small monument to missing and murdered aboriginal women has been unveiled in Winnipeg.

    Monument to missing, murdered aboriginal woman unveiled in Winnipeg

    Toronto police chief serves Rob Ford's brother with defamation notice

    Toronto police chief serves Rob Ford's brother with defamation notice
    Toronto's police chief has filed a defamation notice against Mayor Rob Ford's brother for comments the city councillor made earlier this month.

    Toronto police chief serves Rob Ford's brother with defamation notice

    First Nations health officials to start salmon testing after B.C. mine spill

    First Nations health officials to start salmon testing after B.C. mine spill
    LIKELY, B.C. - First Nations health officials are preparing to test salmon near the site of a massive mine tailing spill in British Columbia amid fears in aboriginal communities that fish from affected lakes and rivers aren't safe to eat.

    First Nations health officials to start salmon testing after B.C. mine spill

    Bloc MP Fortin quits; says the party no longer exists under new leader

    Bloc MP Fortin quits; says the party no longer exists under new leader
    Bloc Quebecois MP Jean-Francois Fortin quit the party Tuesday, accusing its new leader of being divisive and radical.

    Bloc MP Fortin quits; says the party no longer exists under new leader

    Wildfire Closes Regional B.C. Highway as Dry Conditions Mean More Campfire Bans

    Wildfire Closes Regional B.C. Highway as Dry Conditions Mean More Campfire Bans
    VANCOUVER - A wildfire has closed a section of Highway 20 west of Alexis Creek in B.C.'s Cariboo region.

    Wildfire Closes Regional B.C. Highway as Dry Conditions Mean More Campfire Bans