GenVec (GNVC) Tops Q4 EPS by 3c
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GenVec Reports Fourth Quarter And 2014 Year-End Financial Results
March 24, 2015 7:00 AM EDTGAITHERSBURG, Md., March 24, 2015 /PRNewswire/ --Â GenVec, Inc. (NASDAQ: GNVC) today reported financial results for the fourth quarter and year ended December 31, 2014. For the year ended December 31, 2014, the company reported a net loss of $2.5 million, or $0.16 per share, compared with a net loss of $10.0 million, or $0.77 per share, for the year ended December 31, 2013. The company ended the year with $14.7 million in cash, cash equivalents, and short-term investments.Â
"The significant progress we made in 2014 has set the stage for an exciting new chapter in our evolution. Most notably, a Phase 1/2 clinical trial... More
GenVec and TheraBiologics form Collaboration to Develop Neural Stem Cell Mediated Cancer Therapies
March 23, 2015 7:00 AM EDTGAITHERSBURG, Md., March 23, 2015 /PRNewswire/ -- GenVec, Inc. (NASDAQ: GNVC) today announced that it has formed a collaboration with TheraBiologics to develop cancer therapeutics leveraging both GenVec's proprietary gene delivery platform and TheraBiologics' proprietary neural stem cell (NSC) technology.  Â
In exchange for an economic participation in the products being developed under the collaboration, GenVec will contribute technology, know-how, vector construction, and technical and regulatory support to the program. TheraBiologics will be responsible for all other development costs.
The initial goal of this collaboration is to generate a next-generation product candidate to... More
