NEXM NexMed Inc. featured news, full reports, and detailed charts
NexMed Inc. (NEXM) Wrap Up:
NexMed, Inc., a pharmaceutical and medical technology company, engages in the development of transdermal products based on its proprietary NexACT drug delivery technology. The NexACT transdermal drug delivery technology is designed to enhance the absorption of an active drug through the skin and enabling concentrations of the active drug to penetrate the desired site of the skin or extremity. The company’s products under development include NM100060, a nail lacquer treatment for onychomycosis; Femprox, which is an alprostadil-based cream product intended for the treatment of female sexual arousal disorder; and ED Product, which is an alprostadil-based cream treatment intended for patients wi...www.nexmed.com
13 Employees
Founded in 1987
NexMed Inc. (NEXM*(D):NASDAQ)
LAST $0.17 USD
CHANGE TODAY -0.005 -2.94%
VOLUME 963.8K
*(D) = Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
As of 3:56 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of NexMed Inc. (NEXM)
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OPEN
$0.18
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PREVIOUS CLOSE
$0.17
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DAY HIGH
$0.18
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DAY LOW
$0.15
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52 WEEK HIGH
06/30/09 - $0.54
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52 WEEK LOW
12/16/08 - $0.05
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MARKET CAP
15.7M
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AVERAGE VOLUME 3 mo
1.3M
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DILUTED EPS TTM
$-0.0052
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SHARES OUTSTANDING
95.3M
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NEXM Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
NEXM Top Compensated Officers
Ms. Vivian H. Liu
Chief Executive Officer, President, Secretary...
Age: 47
Total Annual Compensation: $300.0K
Mr. Mark Westgate
Chief Financial Officer, Principal Accounting...
Age: 39
Total Annual Compensation: $235.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for NexMed Inc. (NEXM)
NexMed Inc. to Report Q3, 2009 Results on November 09, 2009
11/6/2009
NexMed Inc. announced that they will report Q3, 2009 results on November 09, 2009.
NexMed Inc., Q3 2009 Earnings Call, Nov-10-2009
11/5/2009
NexMed Inc., Q3 2009 Earnings Call, Nov-10-2009
NexMeds Hearing Scheduled For November 12
10/20/2009
NexMed Inc. announced that it has heard back from the NASDAQ Listing Qualifications Department regarding its request for a hearing concerning its possible delisting from the NASDAQ Capital Market, and that a hearing has been scheduled for November 12, 2009. NexMed's stock will continue to trade on the NASDAQ Capital Market pending a final decision by NASDAQ, which typically occurs within four to five weeks after the completion of the formal hearing.
NEXM Competitors
| Company | Last | Change |
| Acrux Ltd | A$2.24 AUD | +0.07 |
| Antares Pharma Inc | $1.15 USD | 0.00 |
| Biosante Pharmaceuticals Inc | $1.56 USD | -0.04 |
| Elan Corporation | €4.36 EUR | +0.039 |
| Novavax Inc | $3.27 USD | -0.50 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NEXM | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.3x |
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| Price/Book | 8.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.4x |
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NEXM |
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NEXM transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About NexMed Inc.
More news for NEXM
Midday Movers: Pump Up the Volume
Stock quotes in this article: CNO , JADE , UEC , ...Click here to read the whole Article (external link)
NEXMED INC Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transf
Show all filings for NEXMED INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEXMED INC 14-Oct-2009Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transf Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as ...Click here to read the whole Article (external link)
NexMed Announces Third Quarter 2009 Financial Results Conference Call
EAST WINDSOR, N.J.--(BUSINESS WIRE)--NexMed, Inc. (Nasdaq: NEXM - News® technology, today announced that management will hold a conference call to discuss 2009 third quarter financial results and ongoing corporate activities, on Tuesday, November 10, 2009 at 10:00 a.m. EST. The Company will file its Form 10-Q by the end of business on Monday, November 9, 2009. In addition, NexMed also announced that it is currently in late stage contract negotiations to lease its facility. Mark Westgate, NexMed’s Chief Financial Officer stated, “If we successfully close this transaction, our monthly cash burn will drop significantly. The tenant will assume all building expenses and the rental income will exceed our mortgage obligations, thereby resulting in a positive cash flow for us.â€The call can be accessed in the U.S. by dialing 877-407-9205 and outside of the U.S. by dialing 201-689-8054 and asking the conference operator for the NexMed Conference Call. The teleconference replay is available for one week by dialing in the U.S. 877-660-6853 and outside of the U.S. by dialing 201-612-7415. Replay pass codes 286 and 337111 are both required for playback. The conference call will also be Webcast live at URL ...Click here to read the whole Article (external link)
NexMed Confirms Nasdaq Hearing Date
EAST WINDSOR, N.J.--(BUSINESS WIRE)--NexMed, Inc. (Nasdaq: NEXM - News® technology, today announced that it has heard back from the Nasdaq Listing Qualifications Department regarding its request for a hearing concerning its possible delisting from the Nasdaq Capital Market, and that a hearing has been scheduled for Thursday, November 12, 2009. NexMed’s stock will continue to trade on the Nasdaq Capital Market pending a final decision by Nasdaq, which typically occurs within four to five weeks after the completion of the formal hearing. As announced on October 14, 2009, NexMed received a notice from Nasdaq indicating that it did not comply with the minimum $2.5 million stockholders’ equity requirement for continued listing set forth in Marketplace Rule 5550(b). In the event that NexMed is unable to successfully appeal the delisting from Nasdaq Capital Market, NexMed’s stock will be traded on the OTC Bulletin Board (“OTCBBâ€).As of June 30, 2009, the date of the most recently filed financial statements, the Company’s total stockholders’ equity was $1,700,553. In order to comply with the $2.5 million stockholders’ equity criteria, the Company would need to increase its stockholders’ equity through an equity financing and/or increased net income. The Company also remains on notice for maintaining the minimum $1 bid requirement as set forth in ...Click here to read the whole Article (external link)
Q3 2009 NexMed Earnings Release - Time Not Supplied
Earnings Announcements for Monday, November 9CompanySymbolTimeConferenceCall4Kids EntertainmentKDEBefore Market OpenAbatixABIX.PKAfter Market CloseAbraxas PetroleumAXASAfter Market CloseListenACADIA PHARMACEUTICALS INCACADAfter Market CloseADVANCED BATTERY TECHNOLOG INCABATAfter Market CloseAdvanced PhotonixAPIAfter Market CloseListenAdvanta CorporationADVNATime Not SuppliedAdvocatAVCAAfter Market CloseListenAlbany Molecular ResearchAMRIBefore Market OpenAlesco Financial Inc.AFNAfter Market CloseAlexza Pharmaceuticals Inc.ALXAAfter Market CloseListenAlliance One International, Inc.AOIAfter Market CloseAllianz SEAZSEY.PK01:30 am ETListenALLION HEALTHCARE INCALLITime Not SuppliedALPHATEC HOLDINGS INCATECTime Not SuppliedAmerican CareSource Holdings, Inc.ANCIAfter Market CloseA...Click here to read the whole Article (external link)
NexMed Inc. Q3 2009 Earnings Call Transcript
NexMed Inc. (NEXM) Q3 2009 Earnings Call November 10, 2009; 10:00 am ET Executives Linda Burns - Senior Director of Corporate Relations Vivian Liu - Chief Executive Officer Mark Westgate - Chief Financial Officer Analysts Aftab Khan - Private Investor Calvin Sue - Unidentified Company Presentation Operator Greeting, and welcome to the NexMed third quarter 2009 results conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator instructions) It is now my pleasure to introduce your host, Linda Burns, Senior Director Corporate Relations of NexMed. Thank you, Ms. Burns. Linda Burns Thank you, Metania. Good morning, I’m Linda Burns, Senior Director of Corporate Relations. On the call with us today are Vivian Liu, our Chief Executive Officer; and Mark Westgate, Chief Financial Officer. Before we begin, I will read the forward-looking statements language statement and then turn the call over first to Mark to discuss the financial condition of the company and then to Vivian for an update on the business activities. Following their remarks, we will open the call for your questions and comments. Just a reminder to everyone, that during the course of the call, the management team will make forward-looking statements regarding future events or the future financial performance of the company. Please keep in mind that such statements are predictions based on current expectations and actual results could differ materially. You should refer to our most recent filing with the Securities and Exchange Commission for additional discussion on factors affecting our business. Now, I will turn the call...Click here to read the whole Article (external link)
NEXMED INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Disclosures Regarding Forward-Looking Statements. The following should be read in conjunction with the unaudited consolidated financial statements and the related notes that appear elsewhere in this document as well as in conjunction with the Risk Factors section herein and in our Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission on March 16, 2009. This report includes forward-looking statements made based on current management expectations pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and actual outcomes may differ materially from what is expressed or forecast. There are many factors that affect our business, consolidated financial position, results of operations and cash flows, including but not limited to, our ability to enter into partnering agreements or raise financing on acceptable terms, successful completion of clinical development programs, regulatory review and approval, product development and acceptance, manufacturing, competition, and/or other factors, many of which are outside our control. General We are a Nevada corporation and have been in existence since 1987. Since 1994, we have positioned ourselves as a pharmaceutical and medical technology company with a focus on developing and commercializing therapeutic products based on proprietary delivery systems. We are currently focusing our efforts on new and patented topical pharmaceutical products based on a penetration enhancement drug delivery technology known as NexACT®, which may enable an active drug to be better absorbed through the skin. The NexACT® transdermal drug delivery technology is designed to enhance the absorption of an active drug through the skin, overcoming the skin's natural barrier properties and enabling high concen...Click here to read the whole Article (external link)
NEXMED INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exh
Show all filings for NEXMED INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEXMED INC 12-Nov-2009Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exh Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided...Click here to read the whole Article (external link)
NexMed Receives Cash Infusion of $750,000
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)
NEXMED INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue110 103 2,467 3,500 Cost of Revenue - - - - Gross Profit110 103 2,467 3,500 Operating ExpensesResearch Development310 716 602 1,270 Selling General and Administrative714 695 1,091 1,897 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss(914)(1,309)773 334 Income from Continuing OperationsTotal Other Income/Expenses Net - - - 72 Earnings Before Interest And Taxes(1,397)(1,309)773 406 Interest Expense(206)118 88 203 Income Before Tax(1,191)(1,426)685 202 Income Tax Expense - - - (938)Minority Interest - - - - Net Income From Continuing Ops(1,191)(1,426)685 1,140 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - ...Click here to read the whole Article (external link)
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