CellCyte Genetics Corp (CCYG) news stock charts
CellCyte Genetics Corp (CCYG/CCYG.OB) Investment Summary:
Cellcyte Genetics Corporation, a development stage biotechnology company, engages in the discovery and development of stem cell enabling therapeutic products and medical devices for cell production. It is developing clinical-stage therapeutic agents and treatments for oncology, diabetes, heart, liver, lung, and kidney diseases, as well as for stem cell bone marrow and organ transplants. The company’s development-stage products include CCG-TL35 compound to deliver stem cells to repair the liver and CCG-TH30 for the delivery of autologous bone marrow-derived stem cells to repair the heart. Its therapeutic discoveries are combined with a platform of device technologies to enhance stem cell inte...CELLCYTE GENETICS CORP (CCYG:OTC Bulletin Board Market)
Snapshot of CELLCYTE GENETICS CORP (CCYG)
|
OPEN
$0.03
|
PREVIOUS CLOSE
$0.03
|
|
|
DAY HIGH
$0.03
|
DAY LOW
$0.02
|
|
|
52 WEEK HIGH
06/8/09 - $0.15
|
52 WEEK LOW
02/25/10 - $0.02
|
|
|
MARKET CAP
1.6M
|
AVERAGE VOLUME 10 D
23.6K
|
|
|
EPS TTM
$-0.02
|
SHARES OUTSTANDING
70.1M
|
|
|
CCYG Does Not Pay Dividends
|
P/E TTM
--
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for CELLCYTE GENETICS CORP (CCYG)
Cellcyte Genetics Corporation announced the appointment of Dr. Douglas Cerretti as Chief Science Officer and Director of Business Development, effective November 1, 2009. Dr. Cerretti is a biopharmaceutical research scientist with experience in drug development across different therapeutic areas. From 1984 to 2002 he served with Immunex and, after Immunex' acquisition in 2002, with Amgen in positions ranging from Staff Scientist through Scientific Director. Dr. Cerretti retired from Amgen in 2007. He is the author or co-author of more than 100 scientific publications and has over 40 issued US Patents to his name. Dr. Cerretti has been involved with CellCyte as an independent consultant, and, since November of 2008, has helped refine CellCyte's Interim Operating Plan. This plan defines how the Company will operate, with limited funding over the next six to twelve months, to continue the commercialization of its bioreactor product. Dr. Cerretti's appointment is the first of several planned appointments required to fully implement the Interim Operating Plan. CellCyte expects to formally adopt the plan by the end of 2009.
Cellcyte Genetics Corporation announced that effective September 10, 2009, Gary A. Reys resigned as the company's Chairman of the Board, CEO and as a member of the Board of Directors. On the same date, Ronald W. Berninger resigned as Secretary, Executive Vice President, Chief Scientific Officer and as a member of the Board of Directors. On September 8, 2009, the Securities and Exchange Commission filed a civil action against the company, alleging certain violations of the securities laws. On the same date, the Company entered into a Consent Decree with the Commission, in which the Company did not admit or deny any of the allegations contained in the civil action, but agreed not to violate the securities laws in the future. The Company was not required to pay any penalty in connection with the Consent Decree.
Cellcyte Genetics Corporation announced that in 2006 and 2007, the company paid a total of $25,000 and $90,000, respectively, on the execution of an intellectual property licensing agreement with U.S. Department of Veterans Affairs (VA). The Agreement relates to certain patents pending and contains royalty payment arrangements as well as funding guarantees. On or about February 5, 2009, the company received notice from the VA that it was terminating its agreement with the company. In response, on February 10, 2009, the company disputed the VAs asserted basis and right to terminate the Agreement on the grounds that the VA had committed a material breach of the Agreement by, among other things, providing incomplete data on which the patents were filed. Due to the uncertainty of the recoverability of the licenses and patents pending related to the VA intellectual property, the company recorded an impairment loss in its financial statements, effective July 1, 2008, for the full carrying amount.
CellCyte Genetics Corp financial resources
CCYG Competitors
| Company | Last | Change | |
| No competitor information is available for CCYG. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | CCYG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
|
CCYG |
||
CCYG transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About CellCyte Genetics Corp
CELLCYTE GENETICS CORP Files SEC form 8-K, Other Events
Read article
CellCyte Genetics Corp. Announces the Appointment of Douglas P. Cerretti, Ph.D. as Chief Science Officer and Director of Business Development
Read article
CELLCYTE GENETICS CORP Files SEC form 10-Q, Quarterly Report
Read article
CELLCYTE GENETICS CORP Files SEC form 10-Q, Quarterly Report
Read article
CELLCYTE GENETICS CORP Files SEC form 10-Q, Quarterly Report
Read article
CellCyte Genetics Corp. Announces the Appointment of Douglas P. Cerretti, Ph.D. as Chief Science Officer and Director of Business Development
Read article