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Agenix

Maker of blood clot imaging product reports year end finances

Published in Healthcare Mergers, Acquisitions and Ventures Week, October 22nd, 2005

Funding for Agenix's blood clot imaging product ThromboView and the sale of the Milton Pharmaceuticals business were the principal influences upon Agenix's financial performance for the year ending 30 June 2005.

ThromboView continues to meet milestones on its path to commercialization. Agenix managing director, Don Home, said "It remains our target to complete a sales, marketing and distribution agreement with an overseas partner by the end of this calendar year".

Despite spending on ThromboView's development in 2005 rising to $5.9 million, compared to $5.4 million in 2004, Agenix reported a loss of $12 million for the year ending June 30,...

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