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Strategies & Market Trends : Aardvark Adventures
DAVE 212.78+1.3%12:55 PM EST

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To: ~digs who wrote (2243)8/17/2006 3:31:39 AM
From: ~digs  Read Replies (1) of 7944
 
WEDX 3.5

CALGARY, Aug. 9 /PRNewswire-FirstCall/ - The Westaim Corporation announced today that for the second quarter ended June 30, 2006, it recorded a net loss of $12.0 million or 13 cents per share, on revenues of $7.0 million. In the same quarter last year, the company recorded a net loss of $10.2 million, or 11 cents per share, on revenues of $5.7 million. "We have made important advancements at both iFire Technology and NUCRYST Pharmaceuticals in the first half of 2006," said Barry M. Heck, President and CEO of Westaim. "iFire continues to generate positive results from its pilot manufacturing facility and is moving towards engineering samples of its TDEL flat panel displays. NUCRYST's second Phase 2 clinical trial is well underway for a topical cream formulation of its nanocrystalline silver and they remain on target to release results before year end."
biz.yahoo.com

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