Opexa News

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Opexa News

Postby NHE » Sun Mar 23, 2008 3:58 am

I suppose this is to be expected for a company without a retail product undergoing an expensive R & D process with its lead candidate.

Opexa Therapeutics 4Q Loss Widens
Opexa Therapeutics' 4th-Quarter Loss Widens on Higher Research and Development Costs
March 18, 2008: 09:22 AM EST

NEW YORK (Associated Press) - Biotechnology company Opexa Therapeutics Inc. said Tuesday its 2007 loss widened on higher research and development expenses.

The company lost $14.7 million, or $2.19 per share, compared with a loss of $12.6 million or $2.35 per share. The company had no revenue in 2007 or 2006. Opexa had about 1.3 million additional shares in 2007.

Opexa did not report fourth-quarter results.

Research and development expenses rose 70 percent to about $13.1 million, primarily due to midstage studies of the company's experimental multiple sclerosis treatment Tovaxin.

More details can be found at this page.

NHE
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Postby Lars » Sun Mar 23, 2008 9:49 am

It's about time for the Cavalry to come riding over the horizon.
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Postby rainer » Sun Mar 23, 2008 11:35 am

I wonder if they could get funding from the "fast-forward" effort being done by the nmss.
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Postby hmtucker » Mon Mar 24, 2008 8:56 am

Lars wrote:It's about time for the Cavalry to come riding over the horizon.
Lars


Tim,

Do you have any comments on the business side of Opexa that will help to calm our fears about whether or not Opexa is going to have enough money to complete the IIb, extension and phase III trials?

Mike
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Opexa to give ppitch

Postby TWG » Mon Mar 24, 2008 9:20 am

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Postby TWG » Mon Mar 24, 2008 9:25 am

Sorry about the link, probably won't work. Try going to http://www.pharmafrontierscorp.com/ and then look at the upper left corner under news. I think Opexa is going to make a pitch to Cambria Capital Investors.
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Postby rainer » Mon Mar 24, 2008 4:20 pm

would it help if we send Cambria some cupcakes or brownies?
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Postby Lyon » Wed Mar 26, 2008 4:21 pm

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Re: Opexa News

Postby NHE » Wed Mar 26, 2008 8:14 pm

Hi Lyon,
Tim provided some info on the "going concern" statement last November in this thread. Opexa's recent round of fund raising should carry them through the end of this year. Hopefully, the results of the current phase IIB study will get more investors on line so that they can successfully complete a phase III.

NHE
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Postby Lyon » Wed Mar 26, 2008 8:32 pm

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Postby Lars » Fri Mar 28, 2008 1:44 pm

Seems to me that nothing matters except the long anticipated IIB study data. When that information is released the well will either dry up or there will be a financial flood of epic proportions. OK, maybe somewhere in between. Obviously $'s will be directly related to effectiveness.
Hoping for good results,
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Postby Lyon » Fri Mar 28, 2008 1:54 pm

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Postby pvns2005 » Fri Mar 28, 2008 2:21 pm

Opexa
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Postby Lyon » Fri Mar 28, 2008 2:28 pm

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Postby Lars » Fri Mar 28, 2008 2:28 pm

Chris,
Holy S**t. I'm sorry for you and your site mates. I have not heard any stories about anyone being dropped. Maybe its time to keep a really close ear to the ground. Big ??????????'s

PS.
Bob, Can you imagine a scenario where all 5 patient would go from RR to Progressive at the same site at the same time. I can't.
Take Care,
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