Last $1.01 USD
Change Today -0.02 / -1.94%
Volume 424.8K
BGMD On Other Exchanges
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As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

bg medicine inc (BGMD) Snapshot

Open
$1.04
Previous Close
$1.03
Day High
$1.09
Day Low
$1.01
52 Week High
03/25/14 - $2.42
52 Week Low
10/15/13 - $0.55
Market Cap
34.8M
Average Volume 10 Days
191.8K
EPS TTM
$-0.45
Shares Outstanding
34.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BG MEDICINE INC (BGMD)

bg medicine inc (BGMD) Related Businessweek News

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bg medicine inc (BGMD) Details

BG Medicine, Inc., a diagnostics company, develops and commercializes novel cardiovascular diagnostic tests to address unmet medical needs in the United States. The company offers BGM Galectin-3 test, a novel assay for measuring galectin-3 levels in blood plasma or serum for use as an aid in assessing the prognosis of patients diagnosed with heart failure; and CardioSCORE test, which is designed to identify individuals at high risk for cardiovascular events, such as heart attack and stroke. It has license, development, and commercialization agreements with Abbott Laboratories, Alere Inc., bioMérieux SA, and Siemens Healthcare Diagnostics Inc. for the development of galectin-3 test on their automated instrument platforms; and a strategic collaboration with Abbott Laboratories to develop and commercialize galectin-3 assay kits, and related control kits and calibrators. The company was formerly known as Beyond Genomics, Inc. and changed its name to BG Medicine, Inc. in October 2004. BG Medicine, Inc. was founded in 2000 and is headquartered in Waltham, Massachusetts.

23 Employees
Last Reported Date: 03/27/14
Founded in 2000

bg medicine inc (BGMD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $258.5K
Senior Vice President of Executive Operations...
Total Annual Compensation: $194.8K
Chief Scientific Officer and Senior Vice Pres...
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

bg medicine inc (BGMD) Key Developments

BG Medicine, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Full Year of 2014

BG Medicine, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenues of $739,000 against $888,000 a year ago. Loss from operations was $1,947,000 against $4,801,000 a year ago. Net loss was $2,179,000 or $0.08 basic and diluted per share against $5,412,000 or $0.21 basic and diluted per share a year ago. The decrease in total revenues reflected an $81,000 decrease in product revenues and a $68,000 decrease in service revenues. The decrease in product revenues resulted from a decline in orders due to inclement weather in the Eastern half of the United States, where its clinical laboratory customers are concentrated, and in purchases relating to independent research studies which, typically, vary from quarter to quarter. The reduction in service revenues resulted from the planned completion of the High Risk Plaque initiative in 2013 and its decision to close its research facilities in 2013. Operating cash burn for the quarter decreased by $1.9 million, a 44% decrease to $2.4 million compared to an operating cash burn of $4.2 million in the first quarter of 2013. The company provided earnings guidance for the full year of 2014. For the year, the company expects to increase its revenues and decrease its operating cash burn as compared to 2013.

BG Medicine, Inc. to Report Q1, 2014 Results on May 14, 2014

BG Medicine, Inc. announced that they will report Q1, 2014 results on May 14, 2014

BG Medicine, Inc., Q1 2014 Earnings Call, May 14, 2014

BG Medicine, Inc., Q1 2014 Earnings Call, May 14, 2014

 

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BGMD Competitors

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LipoScience Inc $3.04 USD -0.12
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Industry Analysis

BGMD

Industry Average

Valuation BGMD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 7.3x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.4x
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