MNTA Momenta Pharmaceuticals, Inc. featured news, full reports, and detailed charts
Momenta Pharmaceuticals, Inc. (MNTA) Wrap Up:
Momenta is a biotechnology company with a product pipeline of both novel and complex generic drugs. This pipeline is derived from our proprietary, innovative technology platform for the detailed structural analysis of complex mixture drugs. We use this platform to study the structure (thorough characterization of chemical components), structure-process (design and control of manufacturing process), and structure-activity (relating structure to biological and clinical activity) of complex mixture drugs. The development product candidates and research programs from our generic and novel portfolios are outlined below. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f10%2f0001047469-08-002434.html#FIS_BUSINESS"Momenta Pharmaceuticals Inc. (MNTA:NASDAQ)
Snapshot of Momenta Pharmaceuticals Inc. (MNTA)
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OPEN
$11.25
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PREVIOUS CLOSE
$11.29
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DAY HIGH
$11.60
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DAY LOW
$11.00
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52 WEEK HIGH
02/13/09 - $12.56
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52 WEEK LOW
11/21/08 - $6.47
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MARKET CAP
493.1M
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AVERAGE VOLUME 3 mo
454.5K
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DILUTED EPS TTM
$-1.78
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SHARES OUTSTANDING
44.6M
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MNTA Does Not Pay Dividends
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P/E TTM
NM
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related news
MNTA Top Compensated Officers
Executives, Board Directors
Key developments for Momenta Pharmaceuticals Inc. (MNTA)
Momenta Pharmaceuticals Inc. - Conference Presentation Calls
Teva Pharmaceutical Industries Ltd. announced it is seeking to amend its existing complaint against Momenta Pharmaceuticals Inc./Sandoz Inc. to include patent infringement of three additional patents related to the characterization of COPAXONE (glatiramer acetate injection). The proposed updated complaint has been filed under seal with the U.S. District Court for the Southern District of New York along with a motion requesting that the Court grant Teva leave to amend. Teva originally filed suit against Momenta/Sandoz in August 2008 for infringement of multiple patents (seven in the Orange Book which extend through May 24, 2014), covering the chemical composition of COPAXONE, pharmaceutical compositions containing it and methods of using it. Teva seeks leave to amend its complaint to include the additional patents related to the characterization of the active ingredient in COPAXONE. These patents do not expire until several years after the patents currently in litigation.
Momenta Pharmaceuticals Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the third quarter of 2009, the company reported a net loss of $14.65 million or $0.38 per basic and diluted share compared with a net loss of $16.0 million or $0.45 per basic and diluted share for the same period in 2008. Collaboration revenue for the third quarter of 2009 was $4.0 million compared to the $3.9 million revenue for the same period last year. The increase in revenue was due to increased reimbursable expenditures on collaborative programs partnered with Sandoz. Loss from operations was $14.54 million compared to $16.44 million for the same period a year ago. For the nine months ended September 30, 2009, the company reported net loss of $49.32 million or $1.27 per basic and diluted share on collaboration revenue of $14.6 million compared to net loss of $44.27 million or $1.24 per basic and diluted share on collaboration revenue of $11.63 million for the same period in 2008. Loss from operations was $49.32 million compared to $44.27 million for the same period a year ago.
MNTA Competitors
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Industry Analysis
| Valuation | MNTA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 24.6x |
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| Price/Book | 4.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 21.6x |
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MNTA transactions
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More Recent News About Momenta Pharmaceuticals, Inc.
More news for MNTA
Momenta Pharmaceuticals Announces Date of Earnings Release and Conference Call for Third Quarter 2009 Financial Results
Momenta Pharmaceuticals Announces Date of Earnings Release and Conference Call for Third Quarter 2009 Financial Results - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Ar...Click here to read the whole Article (external link)
Q3 2009 Momenta Pharmaceuticals, Inc. Earnings Release - Before Market Open
Earnings Announcements for Thursday, November 5CompanySymbolTimeConferenceCall21st Century HoldingTCHC2:00 pm ET3I INFRASTRUCTURE3IN.LBefore Market OpenAbiomed, Inc.ABMDBefore Market OpenListenABOVENET INCABVTAfter Market CloseListenAbraxis BioScience, Inc.ABIIBefore Market OpenListenAccelrys Inc.ACCLAfter Market CloseListenACI Worldwide, Inc.ACIWBefore Market OpenACTIONS SEMICONDUCTOR CO LTDACTSAfter Market CloseActive Biotech ABACTI.STTime Not SuppliedActivision Blizzard, Inc.ATVIAfter Market CloseAdecco SAAHEXF.PK01:00 am ETAinsworth Lumber Company Ltd.ANS.TOAfter Market CloseAir MethodsAIRMAfter Market CloseAker ASAAKERTime Not SuppliedALAMOS GOLD INCAGI.TOBefore Market OpenAlaska Communications Systems GroupALSKAfter Market CloseAlexandria Real Estate...Click here to read the whole Article (external link)
Momenta Pharmaceuticals to Present at the Oppenheimer 20th Annual Healthcare Conference
Momenta Pharmaceuticals to Present at the Oppenheimer 20th Annual Healthcare Conference - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; tex...Click here to read the whole Article (external link)
Momenta Pharmaceuticals Reports Financial Results for the Third Quarter of 2009
CAMBRIDGE, Mass., Nov. 5, 2009 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA - News), a biotechnology company specializing in the characterization and engineering of complex drugs, today reported its financial results for the third quarter ended September 30, 2009. For the third quarter of 2009, the Company reported a net loss of $14.6 million, compared with a net loss of $16.0 million for the same period last year. At September 30, 2009, the Company had cash, cash equivalents, and marketable securities of $107.3 million, compared with $108.5 million at December 31, 2008. "In September we strengthened our balance sheet with the completion of a $46.8 million stock offering," said Craig A. Wheeler, President and Chief Executive Officer. "We were particularly pleased to secure the financing in light of the challenging economic environment and view it as a strong validation of the value of Momenta's pipeline." "Another highlight of the third quarter was the presentation of the key efficacy and safety data from our Phase 2a M118 EMINENCE trial at the 21st Annual Transcatheter Cardiovascular Therapeutics (TCT) scientific symposium. The data showed that the EMINENCE trial met its primary goal of supporting the feasibility and tolerability of M118's use as a procedural anticoagulant in the coronary catheterization laboratory. We believe that the results to date provide strong support for continuing the evaluation of M118 in patients diagnosed with acute coronary syndromes," he concluded...Click here to read the whole Article (external link)
MOMENTA PHARMACEUTICALS INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Our Management's Discussion and Analysis of Financial Condition and Results of Operations includes the identification of certain trends and other statements that may predict or anticipate future business or financial results. There are important factors that could cause our actual results to differ materially from those indicated. See "Risk Factors" in Item 1A of Part II of this Quarterly Report Form 10-Q. Business Overview Momenta is a biotechnology company with a product pipeline of both complex mixture generic and novel drugs. This pipeline is derived from our proprietary, innovative technology platform for the detailed structural analysis of complex mixture drugs. We use this platform to study the structure (thorough characterization of chemical components), structure-process(design and control of manufacturing process), and structure-activity (relating structure to biological and clinical activity) of complex mixture drugs. Our complex mixture generics and follow-on biologics effort is focused on building a thorough understanding of the structure-process-activity of complex mixture drugs to develop generic versions of marketed products. While we use a similar analytical and development approach across all of our product candidates, we tailor that approach for each specific product candidate. Our first objective is to apply our core analytical technology to thoroughly characterize the structure of the marketed product. By defining the chemical composition of multiple batches of the marketed product, we are able to develop an equivalence window, which captures the inherent variability of the innovator's manufacturing process. Using this information we then build an extensive understanding of the structure-process relationship to design and control our manufacturing process to reproducibly manufacture an equivalent version of the mark...Click here to read the whole Article (external link)
Momenta Pharmaceuticals, Inc. Q3 2009 Earnings Call Transcript
Momenta Pharmaceuticals, Inc. (MNTA) Q3 2009 Earnings Call Transcript November 5, 2008, 10:00 am ET Executives Beverly Holley – Director, IR Craig Wheeler – President and CEO Rick Shea – VP and CFO Analysts Bret Holley – Oppenheimer & Co. Eric Schmidt – Cowen and Company Simos Simeonidis – Rodman & Renshaw Robyn Karnauskas – Deutsche Bank Securities Biren Amin – FTN Equity Capital Markets Corp. Duane Nash – Wedbush Morgan Presentation Operator Good day, ladies and gentlemen, and welcome to the Momenta Pharmaceuticals third quarter 2009 earnings call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator instructions). As a reminder, this conference is being recorded. I would now like to turn the conference over to your host today, Beverly Holley, Director of Investor Relations. Please begin. Beverly Holley Thank you, and good morning. I want to welcome all of you to Momenta’s conference call to discuss financial results for the third quarter of 2009 and provide a corporate update. With me on the call today with prepared remarks are Craig Wheeler, President and Chief Executive Officer; and Rick Shea, Chief Financial Officer. Following our remarks, we’ll open the call to questions. Before we begin, I’d like to mention that our call today will contain forward-looking statements. Various remarks that Momenta Pharmaceuticals may make about its results of operations, regulatory filings and review, intellectual property rights, development and manufacturing efforts, litigation, legislativ...Click here to read the whole Article (external link)
Teva wants to expand Copaxone patent lawsuit
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
New Star Analyst Rankings for Momenta Pharmaceuticals, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
Momenta Pharmaceuticals to Present at the Lazard Capital Markets 6th Annual Healthcare Conference
Momenta Pharmaceuticals to Present at the Lazard Capital Markets 6th Annual Healthcare Conference - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: b...Click here to read the whole Article (external link)
MOMENTA PHARMACEUTICALS INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue4,008 6,605 3,990 2,942 Cost of Revenue - - - - Gross Profit4,008 6,605 3,990 2,942 Operating ExpensesResearch Development12,912 17,650 15,818 15,377 Selling General and Administrative5,633 5,836 6,274 6,200 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss(14,537)(16,881)(18,102)(18,635)Income from Continuing OperationsTotal Other Income/Expenses Net27 258 359 442 Earnings Before Interest And Taxes(14,510)(16,623)(17,743)(18,193)Interest Expense136 149 162 176 Income Before Tax(14,646)(16,772)(17,905)(18,369)Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops(14,646)(16,772)(17,905)(18,369)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
