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MSBT MedaSorb Technologies Corporation featured news, full reports, and detailed charts

MedaSorb Technologies Corporation (MSBT/MSBT.OB) Wrap Up:

MedaSorb Technologies Corporation, a development stage medical device company, engages in the research and development of an adsorbent platform technology for removal of toxins from blood and physiologic fluids. It develops CytoSorb, which is intended for use as an adjunctive treatment of sepsis (bacterial infection of the blood), which causes systematic inflammatory response syndrome. CytoSorb device is designed to achieve broad-spectrum removal of pro and anti-inflammatory cytokines, preventing or reducing the accumulation of high concentrations in the bloodstream. The company also intends to pursue the development of BetaSorb product that is intend to remove beta2-microglobulin from the b...
www.medasorb.com
7 Employees
Founded in 1997

MedaSorb Technologies Corporation (MSBT:OTC Bulletin Board Market)

LAST $0.18 USD
CHANGE TODAY -0.01 -5.41%
VOLUME 1.6M
As of 3:58 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of MedaSorb Technologies Corporation (MSBT)

OPEN
$0.19
PREVIOUS CLOSE
$0.19
DAY HIGH
$0.19
DAY LOW
$0.17
52 WEEK HIGH
10/21/09 - $0.44
52 WEEK LOW
11/21/08 - $0.03
MARKET CAP
10.6M
AVERAGE VOLUME 3 mo
908.1K
DILUTED EPS TTM
--
SHARES OUTSTANDING
60.8M
MSBT Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MSBT Top Compensated Officers

Mr. David Lamadrid
Chief Financial Officer, Principal Accounting...
Age: 38
Total Annual Compensation: $157.8K
Mr. Vincent Capponi
Chief Operating Officer
Age: 51
Total Annual Compensation: $195.7K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for MedaSorb Technologies Corporation (MSBT)

MedaSorb Technologies Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

MedaSorb Technologies Corporation reported earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company had loss of $841,058 against $862,751 reported a year ago. For the nine months period, the company reported loss of $2,453,154 against $2,364,478 for the same period a year ago. Historically, the company's losses have resulted principally from costs incurred in the research and development of its polymer technology, and general and administrative expenses, which together were $740,107 and $2,231,227 for the three and nine month periods ended September 30, 2009 and $755,021 and $2,055,468 for three and nine month periods ended September 30, 2008.

MedaSorb Technologies Corporation - Conference Presentation Call

MedaSorb Technologies Corporation - Conference Presentation Calls

Fresenius Medical Care North America Announces Distribution and Supply Agreement with Advanced Renal Technologies, Inc

Fresenius Medical Care North America and Fresenius USA Marketing Inc. announced the closing of a distribution and supply agreement with Advanced Renal Technologies Inc. (MedaSorb Technologies Corporation). This agreement grants U.S. supply and distribution rights to Fresenius USA Marketing Inc., for CITRASATE(R) and DRYalysate(R), citrate dialysate for hemodialysis for the End Stage Renal Disease patient population. Dialysate is utilized during the performance of hemodialysis. The bi-directional movement of molecules between blood and dialysate across a semi-permeable membrane (dialyzers) removes toxins and wastes from the bloodstream while instilling the patient with valuable replacement molecules like bicarbonate. CITRASATE(R) utilizes citric acid, a known anticoagulant, rather than traditional acetic acid, to regulate dialysate pH. Unlike traditional acetic acid, citric acid may provide a local anticoagulant effect at the dialysis membrane during hemodialysis. Initial clinical findings suggest decreased utilization of heparin anticoagulant therapy during hemodialysis using citrate dialysate, as well as increased delivered dialysis dose.

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Price/Book 8.4x
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