Navigation Links
GeoVax Labs, Inc. Announces Six Month Financial Results and Provides Operational Update
Date:8/11/2008

ATLANTA, Aug. 11 /PRNewswire-FirstCall/ -- GeoVax Labs, Inc. (OTC Bulletin Board: GOVX), an Atlanta-based, biopharmaceutical firm (the Company), developing human vaccines for diseases caused by HIV-1 (Human Immunodeficiency Virus) and other infectious agents, today announced its financial results and provided an operational update for the six months ended June 30, 2008.

Financial Results for the Three Months and Six Months Ended June 30, 2008

The Company recorded a net loss of $1,284,352 for the three months ended June 30, 2008, compared to $1,333,126 for the same period in 2007. For the six months ended June 30, 2008, the Company's net loss was $1,966,862 as compared to $1,920,407 in 2007. Net losses for 2008 were partially offset by grant revenues of $376,078 and $976,069 for the three month and six month periods, respectively, related to the Company's grant from the National Institutes of Health in support of its HIV/AIDS vaccine development activities. As of June 30, 2008, the Company reported cash balances totaling $3,133,839.

Summarized financial information is attached. Further information concerning the Company's financial position and results of operations are included in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

Management Commentary

Robert McNally, GeoVax's President & CEO, commented, "We are pleased with our six month financial results, including our operational expenses and cash position. Our operational expenses are minimal for a company of our size and stage of clinical trial development. We are particularly pleased with the financing strategy provided by the $10 million common stock purchase agreement with Fusion Capital Fund II, LLC. Funding from the Fusion facility will be utilized for the large Phase 2 preventative AIDS vaccine clinical trial planned to begin this fall and initiation of the therapeutic trial in HIV infected and drug-treated humans."

Dr. McN
'/>"/>

SOURCE GeoVax Labs, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10

Related biology technology :

1. GeoVax Further Strengthens Management Team
2. U.S. Government Awards $15 Million Grant to GeoVax Labs HIV/AIDS Vaccine Program
3. GeoVax Labs, Inc. Second Quarter Financial Results and Operational Update
4. Genaera Corporation Announces Second Quarter Financial Results
5. China Biologic Products Announces Second Quarter 2008 Results Conference Call
6. Huifeng Bio-Pharmaceutical (HFGB) Announces USD $1.1 Million Supply Agreement with DNP International Co. Inc.
7. Chromos obtains interim order in connection with arrangement, announces annual and special meeting of shareholders and confirms mailing of information circular
8. Signalife Announces Intent to Withdraw From AMEX and Trade on the OTCBB
9. ThirdBiotech Announces Kemeta as Newest Sponsor
10. China Yingxia International, Inc. Announces Conference Call to Discuss Second Quarter 2008 Results
11. China Sky One Medical, Inc. Announces Conference Call to Discuss Second Quarter 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/20/2013)... MA (PRWEB) June 20, 2013 Belatrix ... firm , today released news on its latest initiative ... BSIU initiative brings together leading thought leaders, and business ... webcasts and dynamic workshops. The goal of the initiative ... to gain fresh inspiration for their product innovation efforts. ...
(Date:6/20/2013)... June 20, 2013 Confluent is a ... of medical, software, manufacturing, safety, chemical, B2B, retail and ... Charlene Nagy, Confluent’s President and CEO, they had ... engage prospects and client via social media, and direct ... and converted to new clients. “What was missing was ...
(Date:6/19/2013)... (PRWEB) June 19, 2013 For an ... Waterless Bead Baths using metallic beads instead ... electricity, and do not require germicides. Yet, the bead ... because the bath is always ready unlike a water ... create a dry bath, which eliminates the contamination and ...
(Date:6/19/2013)... June 19, 2013  U.S. Secretary of State ... which distinguished Syngenta  scientist Mary-Dell Chilton , ... World Food Prize. The prize is the foremost international ... improving the quality, quantity or availability of food in ... laureates were recognized for "revolutionary biotechnology discoveries that unlocked ...
Breaking Biology Technology:Belatrix Software Kicks off Major Innovation Effort and Invites Innovation Expert to Share How Agile + Design Thinking Accelerate Product Innovation 2Confluent Translations Consolidates Marketing Efforts 2Cole-Parmer Introduces Eco-Friendly Waterless Bead Baths 2Syngenta's Mary-Dell Chilton named 2013 World Food Prize laureate 2
... , , , , , , Multiporator , , , ... , Transfection Protocol , Protocol No. 4308 915.024 ... , , , , , , ... line), , ...
... , , , , , , , ... Protocol No. 4308 915.513 04/2002 , , , , , ... , Microorganism , Escherichia coli DH10B, ... Bacteria, gram negative, , , ...
... , , , Multiporator , , , , , , ... Protocol No. 4308 915.038 11/1999 , , ... , , Cell line , ... Transfection with , Plasmid pEGFP-N1 (in bidistilled H 2 O), , ...
Cached Biology Technology:H73C11 2H73C11 3Escherichia coli DH10B 2Escherichia coli DH10B 3COS-1 2
(Date:6/19/2013)... most perfectly spherical large objects in nature may have ... study. It appears in ACS, journal Langmuir , ... Cartwright, Antonio G. Checa and Marthe Rousseau point out ... perhaps the most perfectly spherical, or ball-like, shape among ... a microscope. Pearls develop as nacre (mother of pearl) ...
(Date:6/19/2013)... 2013 Elsevier, a world-leading provider of scientific, technical ... announce the launch of a new open access journal, ... GeoResJ , Elsevier,s earth and planetary science journals ... journal aims to provide a forum for rapid publication ... The journal will be co-edited by six Executive Editors, ...
(Date:6/18/2013)... not a hacker lab. At Brandeis University, sophisticated ... are helping scientists understand the complex interplay between ... the virus, outer "shell" critical for replication. ... what we are finding will help researchers alter ... post-doctoral fellow Jason Perlmutter, first author of the ...
Breaking Biology News(10 mins):Computer modeling technique goes viral at Brandeis 2
... first information about how fat causes hypertension have been identified ... identify which obese people and maybe some thin ones ... would work best for them. Medical College of ... PTP1B puts mice at risk for hypertension by interfering with ...
... San Antonio A collaborative team of researchers ... won a $5 million grant from the National Science ... Prediction (SiViRT) Center for interdisciplinary, computer-based research, education and ... the American Reinvestment and Recovery Act, is the largest ...
... commercial fish farming and relieve the pressure on overexploited ... if transgenic fish escape? Researchers at the University of ... EU and are urging caution:,-Until further notice transgenic fish ... Fredrik Sundstrm at the Department of Zoology, University of ...
Cached Biology News:New information about how fat increases blood pressure could help identify those at risk 2New information about how fat increases blood pressure could help identify those at risk 3UTSA wins $5 million for new Simulation, Visualization and Real-Time Prediction Center 2Risks involved with transgenic fish 2
... The Infinite 200 series of microplate ... or absorbance detection in an affordable, easy-to-use ... science applications. The unique modular design and ... researchers with a choice of a monochromator ...
Mouse polyclonal antibody raised against a partial recombinant RDH5. NCBI Entrez Gene ID = 5959...
... Ion Channel Cell Lines ,High Quality, Functionally-Validated, ... are well known for having a critical ... consequently have a key function in pain, ... ion channels have been investigated in therapeutic ...
The Discovery Series PDQuest 2-D analysis software is used for imaging, analyzing, and databasing two-dimensional electrophoretic gels. The version upgrade allows upgrade of an established version of...
Biology Products: