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Financials

Biopure Announces 2007 First Quarter Financial Results

Published in Hospital Law Weekly, March 8th, 2007

Biopure Corporation (Nasdaq: BPUR) today announced its financial results for the first fiscal quarter ended January 31, 2007. For the quarter, the company reported a net loss of $6.9 million, or $0.11 per common share, compared with a net loss of $6.4 million, or $0.22 per common share, for the corresponding period in 2006. Class A common shares outstanding on January 31, 2007 and 2006 were 77,715,124 and 38,589,170, respectively.

Revenues

Total revenues for the first quarter of 2007 were $594,000, including $444,000 from sales of the company's veterinary product Oxyglobin(R) and $134,000 from past congressional appropriations administered by the...

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