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symbol:
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DSCO |
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exchange:
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NASDAQ |
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industry:
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drugs |
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homepage:
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www.discoverylabs.com
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email:
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investor
relations |
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REPORTS EARNINGS
Company reported for the second
quarter ended 6/30/02 a net loss of $(4,287,000) or
$(0.16) per share on revenues of $783,000 vs. a net
loss of $(2,355,000) or $(0.11) per share on revenues
of $262,000 for the same period last year.
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here for more ...... |
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Corporate
Profile
Discovery
Laboratories, Inc. is a Doylestown, Pennsylvania based bio-pharmaceutical
company. Its mission is to develop and commercialize medically
novel therapeutics for critical care. Presently, Discovery is
focusing on diseases of the lung, with its initial emphasis on
the treatment of neonatal indications, such as meconium aspiration
syndrome in full-term infants and respiratory distress syndrome
in premature infants. Discovery is also developing proprietary
pharmaceuticals to treat acute respiratory distress syndrome/acute
lung injury and cystic fibrosis.
November of 1996, Discovery completed a private financing of over
$22 million. In November of 1997, Discovery merged with Ansan
Pharmaceuticals, a publicly traded, development stage pharmaceutical
company. On June 16, 1998, Discovery merged with its major owned
subsidiary, Acute Therapeutics, Inc. Discovery’s shares are traded
on the Nasdaq under the symbols: DSCO (common stock) and DSCOU
(units). Discovery is actively seeking to in-license novel clinical
candidates and technologies.
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