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Opexa News

Posted: Sun Mar 23, 2008 2:58 am
by NHE
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

Posted: Sun Mar 23, 2008 8:49 am
by Lars
It's about time for the Cavalry to come riding over the horizon.
Lars

Posted: Sun Mar 23, 2008 10:35 am
by rainer
I wonder if they could get funding from the "fast-forward" effort being done by the nmss.

Posted: Mon Mar 24, 2008 7:56 am
by hmtucker
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

Opexa to give ppitch

Posted: Mon Mar 24, 2008 8:20 am
by TWG

Posted: Mon Mar 24, 2008 8:25 am
by TWG
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.

Posted: Mon Mar 24, 2008 3:20 pm
by rainer
would it help if we send Cambria some cupcakes or brownies?

Posted: Wed Mar 26, 2008 3:21 pm
by Lyon
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Re: Opexa News

Posted: Wed Mar 26, 2008 7:14 pm
by NHE
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

Posted: Wed Mar 26, 2008 7:32 pm
by Lyon
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Posted: Fri Mar 28, 2008 12:44 pm
by Lars
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,
Lars

Posted: Fri Mar 28, 2008 12:54 pm
by Lyon
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Posted: Fri Mar 28, 2008 1:21 pm
by pvns2005
Opexa

Posted: Fri Mar 28, 2008 1:28 pm
by Lyon
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Posted: Fri Mar 28, 2008 1:28 pm
by Lars
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,
Lars