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BioDelivery Sciences

BioDelivery Sciences reports loss of $1.21 per share for 2005

Published in Medical Verdicts and Law Weekly, May 4th, 2006

BioDelivery Sciences International, Inc., (BDSI) reported full-year financial results for the period ended December 31, 2005.

The company also announced that it entered into an extension of its $4.0 million Equity Line of Credit Agreement with Hopkins Capital Group II, LLC (HCG), a principal stockholder of the company. Finally, the company announced that in its Annual Report on Form 10-KSB for the year ended December 31, 2005, the company, upon re-evaluating the accounting treatment of its convertible securities, has restated certain elements of its previously reported unaudited financial results of the fiscal quarters ended March 31, June 30 and September 30,...

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