|
|
Article: Peplin Releases Results for the 2009 Financial Year Ended June 30.(Financial report)
- Article from:
- Health & Beauty Close-Up
- Article date:
- September 3, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Peplin, Inc. has announced financial results for the year ended 30 June 2009, reporting a US$17.7 million cash balance.
In a release on August 31, the Company noted that it will use these funds to complete Phase 3 clinical trials for its lead product, PEP005 (ingenol mebutate) Gel for actinic (solar) keratosis (AK). The company is confident it will have access to sufficient working capital to fund operations through its planned New Drug Application (NDA) filing with the Food and Drug Administration (FDA) in mid-2010.
Chairman and CEO Tom Wiggans described the year as one of tremendous progress for Peplin.
"Peplin's achievements this year of ...