Navigation Links
Vermillion Reports Third Quarter 2013 Results
Date:11/14/2013

AUSTIN, Texas, Nov. 14, 2013 /PRNewswire/ -- Vermillion, Inc. (NASDAQ: VRML), a multivariate diagnostics company focused on gynecologic cancers and women's health, reported on its financial results for the third quarter ended September 30, 2013.

Q3 2013 Financial Results
Total revenue in the third quarter of 2013 was $330,000 compared to $319,000 in the same year-ago quarter. Third quarter 2013 revenue was comprised of $216,000 in OVA1® product sales and $114,000 in license revenue.

Third quarter of 2013 product revenue was derived from 4,328 OVA1 tests performed at the fixed $50 per test as reported by Quest Diagnostics. This represents a 5.6% increase in test volume compared to approximately 4,100 OVA1 tests performed in the year-ago quarter. Although covered lives have decreased to approximately 67.0 million due to the previously announced BlueCross BlueShield Technical Evaluation Center position, it did not affect test sale volumes for the quarter.

The OVA1 product revenue in both periods does not include the additional royalty component of revenue based on 33% of Quest Diagnostics gross margin. Vermillion recognizes this portion of revenue when it is reported by Quest Diagnostics in an annual 'true-up' after the end of the calendar year. The true-up is based on reimbursed and unreimbursed tests for which Quest Diagnostics considers the payment status as final.

Total operating expenses were $2.6 million in both the third quarter of 2013 and the same year-ago quarter. For the nine months ended September 30, 2013, total operating expenses were $7.9 million as compared to $9.0 million in the same year-ago period.

Net loss for the third quarter was $2.3 million or $(0.10) per share, as compared to a net loss of $2.0 million or $(0.13) per share in the same year-ago quarter. For the nine months ended September 30, 2013, net loss was $7.0 million or $(0.36) per share as compared to a net loss of $5.8 million or $(0.39
'/>"/>

SOURCE Vermillion, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine technology :

1. American Journal of Obstetrics & Gynecology Publishes New Clinical Study Showing Positive Performance of Vermillions OVA1 Test in Presurgical Detection of Early-Stage Ovarian Cancer
2. American Journal of Obstetrics & Gynecology Publishes New Clinical Study Showing Positive Performance of Vermillions Ovarian Cancer Test, OVA1
3. Vermillion Sets Third Quarter 2013 Conference Call for Thursday, November 14, 2013
4. Vermillion Appoints Dr. Eric Varma to its Board of Directors
5. Vermillion Supports First World Ovarian Cancer Day and Effort to Raise Awareness of the Need for Better Diagnosis and Treatment
6. Vermillion Sets First Quarter 2013 Conference Call for Wednesday, May 15, 2013
7. Vermillion Appoints Thomas McLain as President and Chief Executive Officer
8. Vermillion Reports Fourth Quarter and Full Year 2012 Results
9. Vermillion to Discuss Preliminary Results for Fourth Quarter and Full Year 2012 on Wednesday, February 20, 2013, at 4:30 p.m. ET
10. Gynecologic Oncology Publishes New Clinical Study Showing Positive Performance of OVA1, Vermillions Ovarian Cancer Test
11. Vermillion Appoints Bruce A. Huebner as Interim Chief Executive Officer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/30/2015)... , March 30, 2015  Caris Life Sciences® today ... targeting specific pathways may have potentially significant benefit in ... study results were highlighted today in an oral presentation ... Oncology (SGO) 2015 Annual Meeting on Women,s Cancer in ... study is one of four presented at the annual ...
(Date:3/30/2015)... 2015 NiQ Health, "the ... the high level interface capabilities of their CarePlus™ ... The partnership between CarePlus™ and ClinicAll ... allows patients to choose the most appropriate alarm ... The advanced functionality of CarePlus™ allows patient alarms ...
(Date:3/30/2015)... Calif. , March 30, 2015 ... that it has initiated a multi-dose Phase 1 ... the lead molecule in DURECT,s Epigenomic Regulator Program.  ... (NCE) that may have broad applicability in metabolic ... and nonalcoholic steatohepatitis (NASH).  It may also play ...
Breaking Medicine Technology:Caris Life Sciences' Multiplatform Tumor Profiling Enhances Understanding of Molecular Drivers and Treatment Selection in Uterine Carcinomas 2Caris Life Sciences' Multiplatform Tumor Profiling Enhances Understanding of Molecular Drivers and Treatment Selection in Uterine Carcinomas 3Caris Life Sciences' Multiplatform Tumor Profiling Enhances Understanding of Molecular Drivers and Treatment Selection in Uterine Carcinomas 4NiQ Health Announces CarePlus(TM) Integration with ClinicAll 2DURECT Announces Initiation of DUR-928 Multi-Dose Phase 1 Study 2DURECT Announces Initiation of DUR-928 Multi-Dose Phase 1 Study 3DURECT Announces Initiation of DUR-928 Multi-Dose Phase 1 Study 4
... Neusoft Corporation ("Neusoft", 600718.SH), a leading IT solution ... its wholly-owned subsidiary Neusoft Europe Inc. ("Neusoft Europe") ... Systems Ltd. ("Aerotel"), a leading global manufacturer of ... solutions based in Israel, under which Neusoft Europe ...
... (NYSE: HSP ), a global specialty pharmaceutical and ... has authorized the repurchase of up to $1 billion of ... underscores our continued belief and optimism in Hospira,s long-term growth ... our shareholders," said F. Michael Ball, chief executive officer. "The ...
Cached Medicine Technology:Neusoft to Invest in Israeli Medical Solutions Company for Accelerating Expansion in Global Healthcare Service Market 2Hospira Board Authorizes $1 Billion Share Repurchase Program 2
(Date:3/31/2015)... Pass, OR (PRWEB) March 31, 2015 ... enthusiasts, late May to mid-June are anxiously awaited. After ... elevation treks, that’s when the winter snowpack in the ... and backers enthusiasts to access the high trails. The ... radio host Sharon Kleyne, was very different. For the ...
(Date:3/31/2015)... March 31, 2015 According to data ... start their own businesses fail within the first 18 ... up to change those numbers for the better. ... based out of the Mahoning Valley in Ohio. YBI ... by offering clients guidance on topics such as management ...
(Date:3/31/2015)... NYC based chiropractor Dr. Steven Shoshany, recently ... is proud to offer an improved and expanded use of ... able to offer percussive soft tissue treatment for ... able to offer full body Active Release Technique treatment and ... he is now also able to offer percussive therapy for ...
(Date:3/31/2015)... Jacksonville, FL (PRWEB) March 31, 2015 ... now see Drivable Grass in action and ... just finished installation of a display plot of ... Street. , Drivable Grass is a permeable concrete ... stylish alternative to asphalt and concrete pavement, Drivable Grass ...
(Date:3/31/2015)... TX (PRWEB) March 31, 2015 ... independent freestanding emergency rooms in the United States, announced ... April. , “I am pleased to announce that ... Worth metroplex in Haslet,” said Dr. James M. Muzzarelli, ... , First Choice Emergency Room is revolutionizing the delivery ...
Breaking Medicine News(10 mins):Health News:2014-15 winter drought offers unique opportunity for Oregon and California hikers and backpackers reports fresh water advocate 2Health News:2014-15 winter drought offers unique opportunity for Oregon and California hikers and backpackers reports fresh water advocate 3Health News:Giving a Leg Up to the Start-ups: PeopleKeys Partners with Youngstown Business Incubator to Provide Support Services to Start-up Companies 2Health News:Giving a Leg Up to the Start-ups: PeopleKeys Partners with Youngstown Business Incubator to Provide Support Services to Start-up Companies 3Health News:NYC Chiropractor Dr Steven Shoshany Expands Percussive Massage Offering 2Health News:NYC Chiropractor Dr Steven Shoshany Expands Percussive Massage Offering 3Health News:Super-Sod Recently Completed a Drivable Grass Permeable Paver Demo at their Jacksonville Store 2Health News:First Choice Emergency Room to Open New Facility in Haslet, Texas 2
... Fries are out of the pan into the fire itself, ... recently enforced Government directives to disclose levels of trans fats ... test levels of trans fat in french fries.// The tests ... contain one third more ( 8 grammes as against earlier ...
... has been reported from a chicken farm located in the ... monitored and is believed to be under control, according to ... 15, 000 chickens in a farm (Yijing township), confirmed to ... to the above situation, a special team to combat spread ...
... The largest ever high blood pressure clinical trial is ... of controlling high blood pressure. // This is a ... Heart Attack Trial (ALLHAT) and is being launched in ... (NHBPEP). ,The ALLHAT blood pressure study ...
... Heart Disease (IHD) which is also called the Coronary Artery ... upon whether it is a man or woman. The blood ... and where Western countries are concerned, this is quite a ... for chest pain, diagnosticians typically look for an obstructive lesion ...
... to Kenya by the World Bank for HIV/AIDS education and ... it has been delayed due to some allegations pertaining to ... against the Kenyan government, the SAPA/Mail & Guardian reports (SAPA/Mail ... of Health in February 2005 it had failed to distribute ...
... of the Journal of Periodontology, says that chronic periodontal ... pregnancy. // The results of the study also indicate ... compared to women who do not have preeclampsia. ... the preeclamptic group by almost 64 percent than the ...
Cached Medicine News:Health News:Diuretics More Effective In Controlling High Blood Pressure 2Health News:Gum Disease Associated With Increased Risk of Preeclampsia 2
... Mandibular Immobilizer) A completely adjustable cervical ... hypertension positioning and immobilization. Offers a ... collar and a halo-type brace.,Mandibular and ... chin plate allows for patient eating ...
... Wrap® Economy Universal Cervical ... with synthtic white stockinette ... for flexion or extension. ... air dry. 3"H.,Universal size ...
... for use for lightweight padding. It can ... to line braces, prosthetics, orthotics and sports ... vibration and conforms to all body contours, ... is a 2mm thick gel sheet with ...
... patient need and comfort in mind, ... of products effectively address a variety ... frame attachment provides optimal post-operative support, ... superior support for patient maintenance and ...
Medicine Products: