Biopharma Stock Alert for ADVENTRX Pharmaceuticals Inc. Issued by Beacon Equity
February 11 2010 - 10:50PM
BeaconEquity.com announces an investment report featuring ADVENTRX
Pharmaceuticals Inc. (AMEX:ANX). The report includes financial,
comparative and investment analyses, and pertinent industry
information you need to know to make an educated investment
decision.
The full report is available at:
http://www.beaconequity.com/i/ANX
Get our alerts BEFORE the rest of the market. Follow us on
Twitter: http://twitter.com/BeaconEquity
ADVENTRX Pharmaceuticals Inc. (ANX) is a development-stage
biopharmaceutical company. The Company's business is focused on
in-licensing, developing and commercializing product candidates for
the treatment of cancer. ANX is focused primarily on evaluating
strategic options, including the sale or exclusive license of one
or more of its product candidate programs, a strategic business
merger and other similar transactions. Its wholly owned
subsidiaries include SD Pharmaceuticals Inc. (SDP) and ADVENTRX
(Europe) Ltd.
Message Board Search for
ANX: http://www.boardcentral.com/boards/ANX
In the report, the analyst notes:
"For the three months ended September 30, 2009, ANX's net loss
applicable to common stock was $2.7 million, or $0.02 per share,
compared with a net loss applicable to common stock of $6.8
million, or $0.08 per share, for the comparable period in 2008.
Included in the net loss applicable to common stock for the 2009
third quarter was a non-cash deemed dividend expense of $0.4
million incurred in connection with the Company's July and August
2009 equity financings.
"ANX earlier this week announced that, effective immediately,
Brian M. Culley, previously the Company's chief business officer
and a senior vice president, will serve as its CEO and Patrick L.
Keran, previously the Company's general counsel, will serve as its
president and COO. Keran also will continue to serve as the
Company's secretary and principal financial and accounting
officer."
To read the entire report visit:
http://www.beaconequity.com/i/ANX
See what investors are saying about ANX at penny stock forum
BeaconEquity.com is one of the industry's largest small-cap
report providers. Beacon strives to provide a balanced view of many
promising small-cap companies that would otherwise fall under the
radar of the typical Wall Street investor. We provide investors
with an excellent first step in their research and due diligence by
providing daily trading ideas, and consolidating the public
information available on them. For more information on Beacon
Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON
THIS REPORT. We are not registered as a securities broker-dealer or
an investment adviser either with the U.S. Securities and Exchange
Commission (the "SEC") or with any state securities regulatory
authority. We are neither licensed nor qualified to provide
investment advice. Beacon Equity Research nor its affiliates have a
beneficial interest in the mentioned company; nor have they
received compensation of any kind for any of the companies listed
in this communication. The information contained in our report is
not an offer to buy or sell securities. We distribute
opinions, comments and information free of charge exclusively to
individuals who wish to receive them.
CONTACT: Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com
![](http://www.globenewswire.com/newsroom/ti?nf=MTYwIzE4NDE5MyMxMTY3Nw==)
Adventrx (AMEX:ANX)
Historical Stock Chart
From May 2024 to Jun 2024
Adventrx (AMEX:ANX)
Historical Stock Chart
From Jun 2023 to Jun 2024