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Acusphere
Acusphere reports loss of $0.84 per share
September 13th, 2006
Acusphere, Inc., (ACUS) reported financial results for the quarter ended June 30, 2006 and commented on operational progress. During the 3 months ended June 30, 2006, the company's primary focus remained on its lead product candidate, AI-700, an ultrasound contrast agent being developed for use in echocardiography. The majority of operating expenses were related to the development program for AI-700 which is in phase III clinical trials designed to demonstrate that ultrasound with AI-700 is non-inferior to nuclear stress tests for the assessment of coronary heart disease, the leading cause of death in the United States. In June 2006, the company...
Source: Telemedicine Business Week (2006-09-13)
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