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bone medical ltd (BNE) Snapshot

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bone medical ltd (BNE) Details

Bone Medical Ltd, a specialty biopharmaceutical company, develops therapeutics to prevent and/or treat bone and joint diseases and conditions, primarily osteoporosis, osteoarthritis, and rheumatoid arthritis in Australia. The company’s product pipeline consists of Phase II clinical-stage programs and four preclinical programs. Its principal products include CaPTHymone, an oral parathyroid hormone for the treatment of osteoporosis; Capsitonin, an oral calcitonin for the treatment of osteoarthritis pain; and BN006, a synthetic oligopeptide with selective TNF-a and IL-6 inhibitory mechanism and the potential for oral administration. The company also develops BN005/BN008 cell regulators for the treatment of osteoporosis and arthritis. Bone Medical Ltd is based in West Perth, Australia.

bone medical ltd (BNE) Top Compensated Officers

Senior Consultant
Total Annual Compensation: A$135.7K
Compensation as of Fiscal Year 2014.

bone medical ltd (BNE) Key Developments

Bone Medical Ltd. Announces Consolidated Earnings Results for the Year Ended June 30, 2014

Bone Medical Ltd. announced consolidated earnings results for the year ended June 30, 2014. For the period, the company reported total revenue of AUD 16,844 compared to AUD 5 a year ago. Loss before income tax expense was AUD 1,231,319 compared to AUD 1,849,884 a year ago. Loss after income tax for the year was AUD 1,131,036 compared to AUD 1,849,884 a year ago. Basic and diluted LPS was 0.91 cents compared to 0.291 cents a year ago. Net cash used in operating activities was AUD 1,290,368 compared to AUD 1,039,860 a year ago.

Bone Medical Limited Announces BN006 Research Collaboration with William Harvey Research Limited

Bone Medical Limited announced that it has entered into a research agreement with William Harvey Research Limited (WHRL), to further study the company's novel anti-inflammatory molecule for rheumatoid arthritis (RA), BN006, and support its progress towards clinical studies in man. The collaboration is funded under Bone Medical's recently completed recapitalization and the results will potentially position BN006 for Phase 1 human trials in the near future.

Bone Medical Ltd. Replaces Mark Clements with Phillip Wingate as Company Secretary; Changes Registered Office Address

Bone Medical Ltd. announced that Mr. Mark Clements has resigned from the position of Company Secretary. Mr. Phillip Wingate has been appointed as Company Secretary of the company following Mr. Clements resignation. The company also announced that the registered office changed to Ground Floor, 16 Ord Street, West Perth WA 6005.


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