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progen pharmaceuticals ltd (PGL) Snapshot

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progen pharmaceuticals ltd (PGL) Details

Progen Pharmaceuticals Limited, a biotechnology company, discovers, researches, and develops biopharmaceutical therapeutics for the treatment of human diseases in Australia and the United States. It focuses on the development of the anti-angiogenesis and anti-metastatic oncology products pipeline. The company’s products in research and development stage include PG545, an anti-cancer compound in preclinical development; and PI-88 melanoma program that is in Phase III clinical trial in post-resection liver cancer. It also provides contract services related to the process development, manufacture, and quality assurance of biological products. Progen Pharmaceuticals Limited is based in Darra, Australia.

progen pharmaceuticals ltd (PGL) Top Compensated Officers

General Manager of Finance
Total Annual Compensation: A$104.1K
Chief Executive Officer PharmaSynth Pty Ltd
Total Annual Compensation: A$146.3K
Company Secretary
Total Annual Compensation: A$45.7K
Director of Business Development & Legal
Total Annual Compensation: A$167.6K
Director of Drug Development
Total Annual Compensation: A$154.3K
Compensation as of Fiscal Year 2014.

progen pharmaceuticals ltd (PGL) Key Developments

Progen Pharmaceuticals Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2014

Progen Pharmaceuticals Limited announced audited consolidated and parent earnings results for the year ended June 30, 2014. For the year, on consolidated basis, revenue was AUD 5,753,570 against AUD 3,510,103 a year ago. Loss before income tax expense was AUD 1,806,945 against AUD 2,092,134 a year ago. Net loss for year was AUD 1,806,945 against AUD 2,092,134 a year ago. Basic and diluted loss per share was 3.3 cents against 7.5 cents a year ago. Net cash flows from operating activities were AUD 2,498,474 against AUD 2,560,376 a year ago. Purchase of plant and equipment was AUD 467,907 against AUD 49,318 a year ago. For the year, on parent basis, net loss was AUD 1,819,600 against AUD 2,339,807 a year ago.

Progen Pharmaceuticals Limited Announces the Results of the Interim Analysis for the Phase III Patron Clinical Trial for PI-88

Progen Pharmaceuticals Limited announced the results of the interim analysis for the Phase III PATRON clinical trial for PI-88. The company's PI-88 licensee, Medigen Biotechnology Corp. (Medigen") (Taipei, Taiwan), has disclosed the results of the interim analysis of PI-88's Phase III PATRON clinical trial. The PATRON trial is a fully recruited randomised, placebo-controlled Phase III trial being conducted in Taiwan, South Korea, China and Hong Kong to confirm the safety and efficacy of PI-88 in the adjuvant treatment of hepatocellular carcinoma after surgical resection. The interim analysis conducted by an independent committee of medical and statistical experts is based on the results from the first 131 recurrent patients (representing 60% of the total targeted recurrent 218 patients). The results have indicated that PI-88 has a good safety profile, and that based on recurrent data from each individual clinical trial centre, PI-88 did not meet the primary endpoint of Disease Free Survival. Further data analysis by the independent committee will be performed when data from BioClinica, an independent medical imaging company in the US, is available.

Progen Pharmaceuticals Limited Announces Change of Head Office Address

Progen Pharmaceuticals Ltd. advised that its registered address has changed to: Level 18, 101 Collins Street, Melbourne, VIC 3000. The company's main telephone and fax numbers remain unchanged.


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