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Biotech / Medical : HELIX BIOPHARMA (HBP:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Dick Martin who wrote (183)3/29/1999 4:16:00 PM
From: burner  Respond to of 193
 
Helix Biopharma Corp -
Helix increases six-month revenue
Helix Biopharma Corp HBP
Shares issued 13,776,415 1999-03-26 close $0.65
Monday Mar 29 1999

An anonymous director reports
For the six months ended Jan. 31, 1999, revenues increased nearly 24 per cent over the same period in 1998 due to increased royalties from product and service licencing agreements.
Expenses are down by nearly $1-million, more than 40 per cent lower than 1998. Research and development costs are lower in the second quarter due to the effects of renegotiating collaboration agreements with the company's academic and research partners.
Helix has received a commitment of approximately $1.7-million from the Protein Engineering Network of Centers of Excellence to match Helix's expenditures toward the development of Helix's molecular sensor technology.
At the end of the second quarter, the company had $793,891 in cash and treasury bills and a commitment from investors in a subsidiary company, Sensium Technologies Inc., for a cash investment of $925,000. Helix continues to collect its note receivable in monthly instalments from Lifecodes Corporation from the sale of the DNA identity testing business.

CONSOLIDATED INCOME STATEMENT
Six months ended Jan. 31

1999 1998

Revenue $ 828,354 $ 669,292
----------- -----------
Expenses (excluding
research and
development) 892,014 1,648,883

Research and
development 421,941 639,878
----------- -----------
(485,600) (1,619,470)
Earnings from
discontinued
operations - 90,625
----------- -----------
(Loss) before
income taxes (485,600) (1,528,845)

Income taxes 20,367 -
----------- -----------
Net (loss) $ (505,967) $(1,528,845)
=========== ===========
Loss per share

From continuing
operations (4 cents) (12 cents)

After discontinued
operations (4 cents) (11 cents)






To: Dick Martin who wrote (183)4/23/1999 10:35:00 PM
From: burner  Read Replies (1) | Respond to of 193
 
Helix Biopharma Corp -
Helix says insulin has been delivered through skin without injection
Helix Biopharma Corp HBP
Shares issued 13,776,415 1999-04-22 close $0.85
Friday Apr 23 1999
Dr. Richard Rossman reports
Insulin has been successfully delivered in sustained quantities in animal experiments using a BIPHASIX skin patch and without the need for any injections.
Diabetic rats were shown to have significantly reduced blood glucose levels following their treatment with porcine insulin using the injectionless BIPHASIX delivery system in a skin patch. Blood glucose levels in the treated animals remained reduced for more than 30 hours.
As a result of this significant development, Helix BioPharma has decided to begin developing human insulin formulations with the ultimate aim of producing an insulin patch as a means of reducing the need for injections and improving patient compliance.
The company's BIPHASIX uses a unique, lipid-based, microencapsulation process, which is capable of delivering a wide variety of pharmaceuticals of varying size, weight and solubilities. This technology is particularly well suited to biologically derived pharmaceuticals including DNA and proteins such as insulin and interferon.

Great news IMO. This one has been threatening a breakout and maybe this news will do it. Be great to get a major pharmaceutical co involved
Dan