Synthetic Biologics 2Q financial results & development plans: 3 things to know

Synthetic Biologics, a biologics and drug development company, has announced its second quarter financial results. Here are three things to know about the company and its financial performance.

Advertisement

1. The company’s general administrative expenses rose from $1.3 million in the second quarter of 2013 to $1.8 million. Research and development costs increased from $1.2 million in the second quarter of 2013 to $2.8 million.

2. The company formed an irritable bowel syndrome clinical advisory board in the spring of this year. Synthetics Biologics has filed new patent applications for the C-IBS program.

3. The company has also announced plans to file INDs and initiate clinical trials this year for its C. difficile and C-IBS programs.

More articles on gastroenterology:
3 Southern GI practices partner with LifeLinc Anesthesia
FDA approves colonoscopy alternative Cologuard: 4 things to know
Best ideas for entrepreneurial gastroenterologists: Public presence, ASC ownership & more

Advertisement

Next Up in GI & Endoscopy

  • While gastroenterology has historically been a male-dominated specialty, a growing number of women are driving innovation across clinical care, research…

  • Gastroenterologists face rising clinical and operational obstacles as the GI diseases become more prevalent in the U.S. population and reimbursement…

Advertisement

Comments are closed.