Lifecell, Produkte und Zukunftsaussichten eines Tissue Unternehmens - 500 Beiträge pro Seite
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 2. | 18.185,26 | +0,90 | 234 | |||
2. | 1. | 169,92 | +1,02 | 94 | |||
3. | 9. | 10,700 | +10,31 | 61 | |||
4. | 10. | 1,2900 | +47,43 | 55 | |||
5. | Neu! | 85,30 | -1,04 | 33 | |||
6. | 16. | 6,9180 | +0,76 | 23 | |||
7. | 4. | 2.324,35 | +0,98 | 22 | |||
8. | Neu! | 4,2265 | -6,68 | 21 |
Auf der Suche nach Tissue Unternehmen ist mir unter anderem Lifecell aufgefallen. Lifecell ist ein kleines Biotechnologie Unternehmen das 1986 in Houston, Texas gegründet wurde. Mittlerweile hat es seine Zentrale nach New Jersey verlegt.
Das Unternehmen hat drei zugelassene Produkte auf dem Markt.
Das erste Produkt ist AlloDerm® eine Zellenlose Haut, die aus gespendeter Menschlicher Haut hergestellt wird. Die Anwendung von AlloDerm® ist hier bildlich dargestellt.
Schritt 1: Hautgewebe bestehend aus Collagen(1), Fibroblasten(2), Eiweiß(3), und Blutgefäßen(4).
Schritt 2: Die Oberhaut (5) wird abgelöst.
Schritt 3: Die Hautzellen werden entfernt.
Schritt 4: Die Haut Matrix wird trocken gefroren, ohne die wesentlichen organischen Komponenten zu beschädigen.
Schritt 5: Die biologische Grundierung, AlloDerm® wird bei dem Patienten aufgetragen.
Schritt 6: Die Wiedererweiterung der Blutgefäße beginnt.
Schritt 7: Neue Hautzellen beginnen in AlloDerm® zu wachsen.
Schritt 8: AlloDerm® hat sich zur eigenen Haut des Patienten umgewandelt.
Anwendungsgebiete von AlloDerm® sind Zellgewebe Austausch, Hauttransplantation, Hautverbrennungen, Zahnwurzelhaut Austausch und bei Mittelgesichtslähmung als Hilfsmuskulatur.
Das zweite Produkt von Lifecell ist Cymetra™, eine micronisierte Form von AlloDerm® welches die gleichen Eigenschaften besitzt, aber dem Patienten gespritzt wird. Cymetra™ wird zur Korrektur von Akne, Narben und Falten eingesetzt, so wie zur Lippen Korrektur.
Das dritte seit 1999 zugelassene Produkt von Lifecell heißt Repliform™ wirkt wie AlloDerm® und wird bei Inkontinenz und Becken Boden Verbesserungen angewendet. Vermarktet wird Repliform™ durch Boston Scientific einem Unternehmen das im Bereich von medizinischen Geräten und der Urologie tätig ist.
Zukunft:
In der Entwicklung sind zur Zeit eine Zellenlose Matrix mit geringem Durchmesser für den Einsatz als Herzkranz Arterie und periphere Arterie unterhalb des Knies.
Ein Sehnen und Bänder Ersatz. (Lifecell erhielt am 31.01.01 eine 2.3 Millionen Dollar Spende des U.S. Verteidigungsministeriums für zukünftige Forschungen in dem Gebiet des Orthopädischen Gewebes. )
Lifecell entwickelt außerdem Produkte zur Zellen Konservierung. Das erste Produkt dieser Art ist ThromboSol™ (trocken gefrorene Blutplättchen) und wird vor allem von Patienten benötigt die sich einer Chemotherapie unterziehen.
Soviel also erst mal zu den Produkten von Lifecell. Die finanziellen Daten die Ich hier rein stelle kommen direkt von der Nasdaq und sollten sich automatisch aktualisieren.
Das erwartete KGV :
Das Verkaufswachstumim Vergleich :
Die Profit Margen im Vergleich:
Hier ist der sechs Monats Chart:
Ein paar Daten konnte Ich nicht verfügbar machen deswegen stelle ich sie offline rein.
Umsatz: $ 6,424,000 (1. Quartal 2001)
Marktkap.: $ 28,739,480 (01.06.01)
Außenstehende Aktien: 16,709,000 (01.06.01)
und zuletzt noch ein Link zu den neuesten Nachrichten von Lifecell.
http://www.nasdaq.com/asp/quotes_news.asp?symbol=LIFC%60&sel…
Ein abschließendes Fazit möchte Ich zur Zeit noch nicht abgeben, hoffe aber das sich eine Diskussion zu Lifecell entwickelt.
Besonders würde Ich mich über Meinungen zu folgenden Fragen freuen.
1. Wie sind die Zukunftsaussichten der eingesetzten Technologie. (Tissue Produkt aus Spender Haut)
2. Warum ist die Firma so niedrig bewertet? (KUV von 1, erwartetes KGV für 2002 von 4)
Erfolgreiches handeln wünscht
Kubrick
das ist gut ausgearbeited und zeigt die möglichkeiten für einen guten kursanstieg in der nächsten zeit.aber wer sich viel mühe gibt wie du, hat sich sicher auch schon schön eingedeckt,was nicht negativ bewerted werden soll.bin in der aktie investiert und denke an guten kursanstieg.übriegens habe ich zwei jahre auf einer schwerbrandverletzten intensivstation gearbeited(BG DUISBURG-BG BOCHUM).damit ist gut geldverdienen.(kunsthaut ect.)
grüße t.1
grüße t.1
Kompliment!!!!
Dein posting ist eine schöne und vor allem informative Grundlage für einen Lifecell-thread.
Warum der Kurs nicht auf die Beine kommt?
Lifecell vollzog letztes Jahr einen Standortwechsel, der das Ergebnis im falschen Moment belastete.
Etwas enttäuschte VK-Zahlen (durch vorher von Analysten zu hoch pognostizierte Ergebnisse) führten zu weiteren Kursverlusten.
Eine durch die allgemeine Situation bedingte Überreaktion!! (Momentan will man nur Gewinne sonst wird abgestraft.)
Aber der Standortwechsel, verbunden mit den Kosten, war richtig und die im letzten Jahr geschlossenen Partnerschaften müssen erst mal richtig anlaufen.
Selbst bin selbtvertändlich ordentlich investiert. Bei diesem Kursniveau MUSS man diesen Wert einsammeln.
Das Umsatzwachstum bei Alloderm ist gut. Bei den anderen eingeführten Produkte sollten in diesem Jahr überzeugendere Zahlen veröffentlicht werden.
winetrader
Dein posting ist eine schöne und vor allem informative Grundlage für einen Lifecell-thread.
Warum der Kurs nicht auf die Beine kommt?
Lifecell vollzog letztes Jahr einen Standortwechsel, der das Ergebnis im falschen Moment belastete.
Etwas enttäuschte VK-Zahlen (durch vorher von Analysten zu hoch pognostizierte Ergebnisse) führten zu weiteren Kursverlusten.
Eine durch die allgemeine Situation bedingte Überreaktion!! (Momentan will man nur Gewinne sonst wird abgestraft.)
Aber der Standortwechsel, verbunden mit den Kosten, war richtig und die im letzten Jahr geschlossenen Partnerschaften müssen erst mal richtig anlaufen.
Selbst bin selbtvertändlich ordentlich investiert. Bei diesem Kursniveau MUSS man diesen Wert einsammeln.
Das Umsatzwachstum bei Alloderm ist gut. Bei den anderen eingeführten Produkte sollten in diesem Jahr überzeugendere Zahlen veröffentlicht werden.
winetrader
Hallo zusammen
Freut mich, daß hier mal wieder eine Diskussion über LifeCell zustande kommt.
Ein Grund für das geringe KGV wird sein, daß der Wert einfach viel zu klein für Aktienfonds ist und somit auch von keinem Analysten beobachtet wird.
Aktienfonds investieren nur in Unternehmen, bei denen sich auch 10 oder 100 Millionen Dollar investieren dürfen.
In den USA gibt es strenge Richtlinien. Dort dürfen Fonds nicht mehr als 10 % des Unternehmens halten. Wenn man nun die Marktkapitalisierung von 28 Millionen Dollar nimmt, dann dürfte ein Fond gerade max. 2,8 Millionen investieren. Für viele Fond sind das absolute Peanuts. Hier würde sich ein Engagement gar nicht rentieren.
Unter Yahoo http://biz.yahoo.com/p/l/lifc.html
Sieht man, daß 56 % der Aktien im Besitz von Insidern sind. Das ist ein wirklich beachtlicher Prozentsatz.
Unter http://biz.yahoo.com/c/l/lifc.html sieht man die Analysten, die LifeCell beobachten. Die letzte Änderung ist von August 2000. Fast ein Jahr ohne Veränderungen zeigt auch, daß LifeCell für Analysten nicht interessant ist, da sie hier wenig verdienen können.
Unter http://biz.yahoo.com/hd/l/lifc.html kann man die institutionellen Besitzer anschauen und unter http://biz.yahoo.com/hd/mf/l/lifc.html die Aktienfonds die in LifeCell investieren.
Problematisch find ich momentan an der Firma, daß sie in der Nähe der 1 $ Marke ist. Wenn eine Aktie für (ich glaube) 30 Tage unter einem Dollar liegt, wird sie aus dem Nasdaq entfernt. Dieses De-Listing würde mehr oder weniger das Aus für den Kurs von LifeCell bedeuten.
Ich denke, wenn der Kurs mal richtig loslegt, also nach Lynch ein Tenbagger wird, dann ist das Unternehmen auch so groß, daß Institutionelle auf den Wert aufmerksam werden.
So, ich hoffe, es entsteht hier eine lebhafte Debatte über LifeCell.
Gruß Mitch
Freut mich, daß hier mal wieder eine Diskussion über LifeCell zustande kommt.
Ein Grund für das geringe KGV wird sein, daß der Wert einfach viel zu klein für Aktienfonds ist und somit auch von keinem Analysten beobachtet wird.
Aktienfonds investieren nur in Unternehmen, bei denen sich auch 10 oder 100 Millionen Dollar investieren dürfen.
In den USA gibt es strenge Richtlinien. Dort dürfen Fonds nicht mehr als 10 % des Unternehmens halten. Wenn man nun die Marktkapitalisierung von 28 Millionen Dollar nimmt, dann dürfte ein Fond gerade max. 2,8 Millionen investieren. Für viele Fond sind das absolute Peanuts. Hier würde sich ein Engagement gar nicht rentieren.
Unter Yahoo http://biz.yahoo.com/p/l/lifc.html
Sieht man, daß 56 % der Aktien im Besitz von Insidern sind. Das ist ein wirklich beachtlicher Prozentsatz.
Unter http://biz.yahoo.com/c/l/lifc.html sieht man die Analysten, die LifeCell beobachten. Die letzte Änderung ist von August 2000. Fast ein Jahr ohne Veränderungen zeigt auch, daß LifeCell für Analysten nicht interessant ist, da sie hier wenig verdienen können.
Unter http://biz.yahoo.com/hd/l/lifc.html kann man die institutionellen Besitzer anschauen und unter http://biz.yahoo.com/hd/mf/l/lifc.html die Aktienfonds die in LifeCell investieren.
Problematisch find ich momentan an der Firma, daß sie in der Nähe der 1 $ Marke ist. Wenn eine Aktie für (ich glaube) 30 Tage unter einem Dollar liegt, wird sie aus dem Nasdaq entfernt. Dieses De-Listing würde mehr oder weniger das Aus für den Kurs von LifeCell bedeuten.
Ich denke, wenn der Kurs mal richtig loslegt, also nach Lynch ein Tenbagger wird, dann ist das Unternehmen auch so groß, daß Institutionelle auf den Wert aufmerksam werden.
So, ich hoffe, es entsteht hier eine lebhafte Debatte über LifeCell.
Gruß Mitch
Sehr entscheidend werden die Partnerschaften sein.
Nicht immer waren die ersten Partner die besten. Ich erinnere an COB.
Wenn Lifecell die richtigen Jungs an die Seite geholt haben, müßte man an einem konstanten Umsatzanstieg die zukünftige Richtung deutlich erkennen.
Deshalb sehe ich dieses Jahr als richtungsweisend an.
Eigentlich müßte Lifecell sich zu einem "ten bagger" entwickeln können, denn der ganze kosmetische Bereich ist doch so ertragsreich!!!
Ich gebe in dieser Argumentation t.1 100% recht.
wine
Nicht immer waren die ersten Partner die besten. Ich erinnere an COB.
Wenn Lifecell die richtigen Jungs an die Seite geholt haben, müßte man an einem konstanten Umsatzanstieg die zukünftige Richtung deutlich erkennen.
Deshalb sehe ich dieses Jahr als richtungsweisend an.
Eigentlich müßte Lifecell sich zu einem "ten bagger" entwickeln können, denn der ganze kosmetische Bereich ist doch so ertragsreich!!!
Ich gebe in dieser Argumentation t.1 100% recht.
wine
Warum bekomme ich aber hier keine
Habe öfters order aufgegeben z.T. mit weit drüberliegenden kursen trotzdem ist die order nicht zustandegekommen. Da ich aber leider ein kleinaktionär bin (will ca 500ST. kaufen) kann ich es mir nicht leisten eine order mit 500St. in amerika aufzugeben, weil die meistens dann auch in teilorderausgeführt werden!!
Deshalb bitte um info!!
Danke im voraus
burna
Habe öfters order aufgegeben z.T. mit weit drüberliegenden kursen trotzdem ist die order nicht zustandegekommen. Da ich aber leider ein kleinaktionär bin (will ca 500ST. kaufen) kann ich es mir nicht leisten eine order mit 500St. in amerika aufzugeben, weil die meistens dann auch in teilorderausgeführt werden!!
Deshalb bitte um info!!
Danke im voraus
burna
n´abend burna
Lifecell ist gerade in Deutschland ein sehr Marktenger Titel. An dem Chart kannst du aber erkennen das immer mal wieder Aktien gehandelt werden. Am besten gibst du eine limitierte Order auf, die eine o. zwei Wochen gültig bleibt.
schöne Feiertage
Kubrick
Lifecell ist gerade in Deutschland ein sehr Marktenger Titel. An dem Chart kannst du aber erkennen das immer mal wieder Aktien gehandelt werden. Am besten gibst du eine limitierte Order auf, die eine o. zwei Wochen gültig bleibt.
schöne Feiertage
Kubrick
Sahnethread...lifc könnte aber noch etwas vor sich hintrödeln, wenn man die daily und weklycharts nimmt: aber die stoch ist schon unten beim monatschart. etwas wird es noch dauern
generell sind die knochen- und gewebezüchter äußerst günstig bewertet, schaut euch IART oder macropore an. IART dürtfte neben Adv.Tissue zur creme de la creme gehören, lifc ist der billigste wert, weil die finanzierung beschwerlich ist. man hat nur 3 mio cash...macropore z.B. ist der Trendsetter für Schädelflächenersatz weltweit. Auch interessant, aber kein verzehnfacher, max.200 % in 2 Jahren, was aber auch nicht übel ist.
bei Lifc würde ich auf größere umsatzbewegungen warten und dann erst einsteigen, was natürlich zumindest die wöchentliche Beobachtung erfordert. An ein delisting von der nasdaq glaube ich nicht, da der wert fundamental in ordnung ist. bei 16 mio ausstehenden aktien können noch genug aktien ausgegeben werden für eine kapitalerhöhung, vielleicht 5 mio zu 2 $, was LIFC ungemein helfen würde. der kurs dürfte dadurch kaum belastet werden, weil dies privatplatzierungen sein werden.
wenn beim broker der zusatz all or none gewählt wird, gibts keine teilausführungen in usa. bei der diraba ist das seit april leider nicht mehr möglich, weshalb ich auch schon teilausführungen hatte, aber dann zu den üblichen deutschen gebühren, und nicht hunderte von mark, also bei 500 stck zu 1,70 $ werdens max. 2 Ausführungen zu 35 mark insgesamt bei der diraba. wenn du aber 2-5 cent drauflegst( je nach briefkurs) bekommst du volle ausführung. In deutschland würde ich nicht handeln wegen der mangelnden liquidität, und überzogenen preisen sowie dem europroblem, wenn die währung erstmal offizielles zahlungsmittel ist, werden sich einige wundern, wie stark der euro werden kann, unter 0,80 wird es ihn kaum geben, dafür später um 0,9 bis 1:1
generell sind die knochen- und gewebezüchter äußerst günstig bewertet, schaut euch IART oder macropore an. IART dürtfte neben Adv.Tissue zur creme de la creme gehören, lifc ist der billigste wert, weil die finanzierung beschwerlich ist. man hat nur 3 mio cash...macropore z.B. ist der Trendsetter für Schädelflächenersatz weltweit. Auch interessant, aber kein verzehnfacher, max.200 % in 2 Jahren, was aber auch nicht übel ist.
bei Lifc würde ich auf größere umsatzbewegungen warten und dann erst einsteigen, was natürlich zumindest die wöchentliche Beobachtung erfordert. An ein delisting von der nasdaq glaube ich nicht, da der wert fundamental in ordnung ist. bei 16 mio ausstehenden aktien können noch genug aktien ausgegeben werden für eine kapitalerhöhung, vielleicht 5 mio zu 2 $, was LIFC ungemein helfen würde. der kurs dürfte dadurch kaum belastet werden, weil dies privatplatzierungen sein werden.
wenn beim broker der zusatz all or none gewählt wird, gibts keine teilausführungen in usa. bei der diraba ist das seit april leider nicht mehr möglich, weshalb ich auch schon teilausführungen hatte, aber dann zu den üblichen deutschen gebühren, und nicht hunderte von mark, also bei 500 stck zu 1,70 $ werdens max. 2 Ausführungen zu 35 mark insgesamt bei der diraba. wenn du aber 2-5 cent drauflegst( je nach briefkurs) bekommst du volle ausführung. In deutschland würde ich nicht handeln wegen der mangelnden liquidität, und überzogenen preisen sowie dem europroblem, wenn die währung erstmal offizielles zahlungsmittel ist, werden sich einige wundern, wie stark der euro werden kann, unter 0,80 wird es ihn kaum geben, dafür später um 0,9 bis 1:1
@erkilein
Es ist vollkommen egal (abgesehen von der Liquidität) ob du eine Aktie in Euro o. Dollar hältst.
mfg Kubrick
Es ist vollkommen egal (abgesehen von der Liquidität) ob du eine Aktie in Euro o. Dollar hältst.
mfg Kubrick
@kubrick, es ist nicht egal! Allein schon die mangelnde liquidität verbietet fast einen kauf hier, wenn du die dinger haben willst, zahlst du einen aufschlag ($1,70-E 2,15) oder ständig den briefkurs, willst du sie loswerden, dann kannst du fast nur zum geldkurs abgeben (E 2,00)das heisst, du verzichtest in jedem fall auf mind. 5-10 %, sollten die kurse steigen-kannst du natürlich mit einem premium verkaufen, aber auch nur, wenn die dinger liquider werden, es soll jeder machen wie er denkt, aber egal ist es nicht, und die liquidität ist das schlagende argument, eine mögliche dollarschwäche sekundär, mir würde es schon etwas ausmachen zu 2,15 zu kaufen bei uskurs von 1,70---später dann aber zu 3 E zu verkaufen bei uskurs 3 oder 2,90 $. Ihr macht nicht mal 40 % wenns dumm läuft, obwohl in den usa knapp 80 % anfallen...
@erkilein
Das die Liquidität ein Problem ist, habe Ich oben schon geschrieben. Wenn man aber immer 5-10% über dem Kaufpreis ordert ist man selber schuld. Bedenke das zu einem Aktiendeal immmer zwei gehören. Wenn einer zu teuer kauft, verkauft der andere über dem Marktpreis. Man kann also auch von der Marktenge profitieren, wenn man die Nerven hat und den Kursen nicht hinterherrrennt.(hinterherrrenen schreibt man das so?)
mfg Kubrick
Das die Liquidität ein Problem ist, habe Ich oben schon geschrieben. Wenn man aber immer 5-10% über dem Kaufpreis ordert ist man selber schuld. Bedenke das zu einem Aktiendeal immmer zwei gehören. Wenn einer zu teuer kauft, verkauft der andere über dem Marktpreis. Man kann also auch von der Marktenge profitieren, wenn man die Nerven hat und den Kursen nicht hinterherrrennt.(hinterherrrenen schreibt man das so?)
mfg Kubrick
genug jetzt davon, ich will jedenfalls nicht tagelang warten bis sich jemand meiner aktien annimmt oder ich dem käufer hinterher renne. was sagt der duden übrigens dazu?
sieht heute doch schon nach ausbruch aus, im moment 120.000 stck gehandelt, 4 mal soviel wie gestern
Hallo zusammen
Wen es interessiert: es gab hier schon mal ein paar Threads zu Lifecell. Sind bestimmt 3 oder 4 Stück.
Heute war ein Volumen in den USA.... wirklich beachtlich.
Mitch
Wen es interessiert: es gab hier schon mal ein paar Threads zu Lifecell. Sind bestimmt 3 oder 4 Stück.
Heute war ein Volumen in den USA.... wirklich beachtlich.
Mitch
Steigender Kurs bei (für diesen Wert) sehr hohen Umsätzen!!!!!
Was wollen wir mehr???
Der charttechnische Widerstand bei 1.80 US$ wurde heute genommen!!!
In der aktuellen Ausgabe von Medical Strategie ein unverändertes Rating:
Kauf unter 6 US$, Kursziel 12 US$.
MfG Pieselwitz!!
Was wollen wir mehr???
Der charttechnische Widerstand bei 1.80 US$ wurde heute genommen!!!
In der aktuellen Ausgabe von Medical Strategie ein unverändertes Rating:
Kauf unter 6 US$, Kursziel 12 US$.
MfG Pieselwitz!!
Sieht doch jetzt charttechnisch und umsatzmäßig wirklich gut aus!!!
aus.
aus.
Hab` mir den Wert genauer angeschaut - und bin heute rein. Ich denke, wir werden noch Freude an LifeCell haben!
Gruß ubo
Gruß ubo
Bin froh wenn wir 6€ sehen würden geschweige denn 6$
aber mir soll es recht sein!!
aber mir soll es recht sein!!
Das fängt ja gut an heute. Trotz schwacher Biotechs zur Nasdaq Eröffnung, ist LIFC 12.09% 15min. nach Handelsbeginn im plus. Mal schauen ob so weiter geht!
Hier ist der intraday
viel geld
Kubrick
Hier ist der intraday
viel geld
Kubrick
Dafür, dass der BIO-Index heute ziemlich - um die -1,9 % -runtergekommen ist ( leider die charttechnische Marke von 1100 nicht geschafft ), hält sich LIFC ganz ordentlich.
Zum heutigen Verlauf ein Bericht von CBS:
NEW YORK (CBS.MW) -- "Biotech stocks` four-session winning streak appeared to be coming to an end Wednesday, with shares of Affymetrix among those giving back some recent gains.
The Amex Biotechnology Index (BTK: news, msgs, alerts) lost 3.9 percent and the Nasdaq Biotechnology Index (NBI: news, msgs, alerts) slipped 2.6 percent in recent action. Both biotech indexes posted gains in the previous four sessions and the Amex index touched a six-month high Tuesday.
On Wednesday, though, the sector reversed course and headed lower, as did technology stocks generally. The Nasdaq Composite Index ($COMPQ: news, msgs, alerts) lost 0.7 percent in recent action. See full story.
Shares of Affymetrix (AFFX: news, msgs, alerts) dropped $2.23, or 4.4 percent, to $48.19. Affymetrix`s stock had surged Tuesday after an analyst at Thomas Weisel Partners upgraded his rating on the stock from "buy" to "strong buy." In a note to clients, the analyst said Affymetrix has captured 80 percent of a market that`s growing at a 50-percent annual rate. Affymetrix makes sophisticated equipment used in genetic research. ..."
Bis dann, ubo
Zum heutigen Verlauf ein Bericht von CBS:
NEW YORK (CBS.MW) -- "Biotech stocks` four-session winning streak appeared to be coming to an end Wednesday, with shares of Affymetrix among those giving back some recent gains.
The Amex Biotechnology Index (BTK: news, msgs, alerts) lost 3.9 percent and the Nasdaq Biotechnology Index (NBI: news, msgs, alerts) slipped 2.6 percent in recent action. Both biotech indexes posted gains in the previous four sessions and the Amex index touched a six-month high Tuesday.
On Wednesday, though, the sector reversed course and headed lower, as did technology stocks generally. The Nasdaq Composite Index ($COMPQ: news, msgs, alerts) lost 0.7 percent in recent action. See full story.
Shares of Affymetrix (AFFX: news, msgs, alerts) dropped $2.23, or 4.4 percent, to $48.19. Affymetrix`s stock had surged Tuesday after an analyst at Thomas Weisel Partners upgraded his rating on the stock from "buy" to "strong buy." In a note to clients, the analyst said Affymetrix has captured 80 percent of a market that`s growing at a 50-percent annual rate. Affymetrix makes sophisticated equipment used in genetic research. ..."
Bis dann, ubo
Hallo miteinander,
heute siehts bei den Bios wieder sonniger aus:
[.url]http://chart.bigcharts.com/bc3/quickchart/chart.asp?symb=nbi…
Und gleich legt auch lifecell wieder überproportional zu: z.Zeit 10 cent
Gruß ubo
heute siehts bei den Bios wieder sonniger aus:
[.url]http://chart.bigcharts.com/bc3/quickchart/chart.asp?symb=nbi…
Und gleich legt auch lifecell wieder überproportional zu: z.Zeit 10 cent
Gruß ubo
@all
Allen Freunden von LifeCell
schaut doch gut aus - oder?
Allen Freunden von LifeCell
schaut doch gut aus - oder?
sorry - meine diesen Chart
Wow, heute macht LIFC 10% und steht bei rund 2.55$ - und da verkauft in Frankfurt jemand für 2,72 EU. WHY?
Ich denke, wir werden noch weiterhin viel Freude an dem Wert haben
ubo
Ich denke, wir werden noch weiterhin viel Freude an dem Wert haben
ubo
@ mitch
Weist Du was neues von Lifecell ?
Gruß Markus
Weist Du was neues von Lifecell ?
Gruß Markus
Hallo zusammen
Ich hab mich mal bei Medical Strategy erkundigt ob es irgendwas Neues gibt.
Sie meinten, daß ihnen keine Neuigkeiten bekannt sind.
Das Volumen der letzten Tage war ja wirklich beachtlich.
Vielleicht gibt es gute Neuigkeiten und manche der Insider haben sich eingedeckt oder der Wert wurde in einem US-Börsenbrief empfholen oder oder oder.
Ich weiß es also auch nicht.
Aber ich vermute, daß wir bald Neuigkeiten erfahren werden.
Gruß Mitch
Ich hab mich mal bei Medical Strategy erkundigt ob es irgendwas Neues gibt.
Sie meinten, daß ihnen keine Neuigkeiten bekannt sind.
Das Volumen der letzten Tage war ja wirklich beachtlich.
Vielleicht gibt es gute Neuigkeiten und manche der Insider haben sich eingedeckt oder der Wert wurde in einem US-Börsenbrief empfholen oder oder oder.
Ich weiß es also auch nicht.
Aber ich vermute, daß wir bald Neuigkeiten erfahren werden.
Gruß Mitch
Hallo !
Ich denke LIFC wird sich kurzfristig wieder in der range zwischen 4 und 6 $ US einpendeln.
Schaut euch mal den 2 Jahreschart an.......
MfG Dauphin
Ich denke LIFC wird sich kurzfristig wieder in der range zwischen 4 und 6 $ US einpendeln.
Schaut euch mal den 2 Jahreschart an.......
MfG Dauphin
@ Hallo mitch
Ist eigentlich auch egal,ob oder ob nicht . Hauptsache es
geht Aufwärts. Meine Boston Biomedica sind auch wieder gesucht. Sieht im Moment wieder generell gut für Biotech -
Titel aus.
Danke jedenfalls für dein Anruf.
Gruß
Ist eigentlich auch egal,ob oder ob nicht . Hauptsache es
geht Aufwärts. Meine Boston Biomedica sind auch wieder gesucht. Sieht im Moment wieder generell gut für Biotech -
Titel aus.
Danke jedenfalls für dein Anruf.
Gruß
Danke nochmals an Kubrick2001 für die excellente
Einleitung. Das nennt man Qualität.
Einleitung. Das nennt man Qualität.
Zur Zeit knüppelt`s die Bios ganz schön runter: Der Index ( NBI ) liegt schon wieder -5%; AFFX hat`s richtig erwischt:
"SANTA CLARA, Calif. (CBS.MW) -- Shares of Affymetrix lost a third of their value in early trading Tuesday after the maker of biotech research equipment warned its second-quarter financial results will fall well short of Wall Street`s expectations."
LIFC lässt ebenfalls nach und wird wohl auf 2$ zurückkommen
ubo
"SANTA CLARA, Calif. (CBS.MW) -- Shares of Affymetrix lost a third of their value in early trading Tuesday after the maker of biotech research equipment warned its second-quarter financial results will fall well short of Wall Street`s expectations."
LIFC lässt ebenfalls nach und wird wohl auf 2$ zurückkommen
ubo
Hallo zusammen
Weiß jemand, warum Lifecell heute in den USA nicht gehandelt wird?
Hab leider keine Infos dazu gefunden.
Gruß Mitch
Weiß jemand, warum Lifecell heute in den USA nicht gehandelt wird?
Hab leider keine Infos dazu gefunden.
Gruß Mitch
Hat sich erledigt. Es wird wieder gehandelt.
Mitch
Mitch
Geht wieder aufwärts - gegen den Nasdaq Abwärts-Trend
@all
Habe mir heute nach dem Kursrückgang mal die Vorgehensweise der Fonds in Bezug auf Lifecell angeschaut. Das Ergebnis nicht sehr positiv. Vier von 23 Fonds haben alle ihre Aktien verkauft, nur einer ist neu eingestiegen. Insgesamt haben die Institutionellen 251.643 Aktien verkauft und 56.032 gekauft.
(quelle http://www.nasdaq.com/asp/holdings.asp?symbol=LIFC`&selected… )
Jetzt frage Ich mich was wissen die was Ich nicht weiß?
Wißt ihr irgend etwas?
schönen Abend
Kubrick
Habe mir heute nach dem Kursrückgang mal die Vorgehensweise der Fonds in Bezug auf Lifecell angeschaut. Das Ergebnis nicht sehr positiv. Vier von 23 Fonds haben alle ihre Aktien verkauft, nur einer ist neu eingestiegen. Insgesamt haben die Institutionellen 251.643 Aktien verkauft und 56.032 gekauft.
(quelle http://www.nasdaq.com/asp/holdings.asp?symbol=LIFC`&selected… )
Jetzt frage Ich mich was wissen die was Ich nicht weiß?
Wißt ihr irgend etwas?
schönen Abend
Kubrick
Ach ja, Ich wollte mich auch noch für die netten Kommentare zu meinen Eröffnungsposting bedanken. Es hat mir viel Freude bereitet sie zu lesen.
Hallo Kubrick
Fonds und Institutionelle machen mir grundstätzlich wenig Sorgen.
Die müssen oft sehr kurzfristig handeln.
Les dazu mal das Buch von Lynch "Der Börse einen Schritt voraus".
Auch Insiderverkäufe können viele Gründe haben.
Das trifft hier ja momentan nicht zu.
Das einzig Interessante finde ich, wenn Insider kaufen.
Das kann nur einen Grund haben. Sie denken, dass es sich lohnt.
Fonds hauen oft Aktien raus, die sich nicht so gut entwickelt haben. Die Fondmanager bekommen oft Druck von oben und bereinigen dann ihre Fonds um "Verlierer".
In 1 Monat oder in 5 Jahren steigen die dann wieder ein, haben dann aber den großen Aufschwung schon verpasst.
Gruß Mitch
Fonds und Institutionelle machen mir grundstätzlich wenig Sorgen.
Die müssen oft sehr kurzfristig handeln.
Les dazu mal das Buch von Lynch "Der Börse einen Schritt voraus".
Auch Insiderverkäufe können viele Gründe haben.
Das trifft hier ja momentan nicht zu.
Das einzig Interessante finde ich, wenn Insider kaufen.
Das kann nur einen Grund haben. Sie denken, dass es sich lohnt.
Fonds hauen oft Aktien raus, die sich nicht so gut entwickelt haben. Die Fondmanager bekommen oft Druck von oben und bereinigen dann ihre Fonds um "Verlierer".
In 1 Monat oder in 5 Jahren steigen die dann wieder ein, haben dann aber den großen Aufschwung schon verpasst.
Gruß Mitch
Da es von Lifecell fast keine Meldungen zwischen den Quartalsberichten gibt, stelle Ich hier den conference call zum 1. quarter 01 rein.
Ich habe ihn mir noch nicht ganz angehört, da Ich Probleme habe das amerikanische "Genuschel" in Internet Qualität zu verstehen.
Vielleicht fällt aber einem von euch was interressantes auf.
http://www.videonewswire.com/LIFECELL/050301/050301.html
(werde ihn mir später auch mal ganz anhören)
schönes Wochende
Kubrick
Ich habe ihn mir noch nicht ganz angehört, da Ich Probleme habe das amerikanische "Genuschel" in Internet Qualität zu verstehen.
Vielleicht fällt aber einem von euch was interressantes auf.
http://www.videonewswire.com/LIFECELL/050301/050301.html
(werde ihn mir später auch mal ganz anhören)
schönes Wochende
Kubrick
@Kubrick2001
inzwischen mal reingehört? Wäre schön wenn du eine kurze Zusammenfassung hier reinstellen könntest? (für dieses Genuschel reicht mein Englisch leider nicht ;-) )
inzwischen mal reingehört? Wäre schön wenn du eine kurze Zusammenfassung hier reinstellen könntest? (für dieses Genuschel reicht mein Englisch leider nicht ;-) )
Nach dem fulminanten Zwischenspurt auf 2.70 $ Anfang Juni war lifecell ja wieder zurückgekommen auf ~ 1.80$ bei minimalen Umsätzen. Heute aber gibt es endlich wieder Bewegung - und zwar in die richtige Richtung Mittlerweile - bei steigenden Umsätzen - wieder bei 1.94$.
Hoffen wir also auf die nächste Rallye!
ubo
Hoffen wir also auf die nächste Rallye!
ubo
Hi kuschelbauch!
Ich habe es mir jetzt zwei mal angehört, aber den ceo oder wer immer da spricht von lifecell verstehe ich auch nur teilweise. Im Diskussionsboard von yahoo http://search.yahoo.com/bin/search?p=lifecell
habe ich mir dann ein paar Meinungen zum conferencecall durchgelesen, und die einhellige Meinung ist das nichts neues gesagt wurde. Der erste Teil behandelt nur die bekannten Zahlen zum 1. quarter, und bei den gestellten Fragen hat sich auch nichts neues ergeben.
Besonders bedauert wird im yahoo board das kein Ausblick zu ThromboSol™ gegeben wird, was wohl mal das richtig große Geld bringen soll.
Auf der Website von Lifecell http://www.lifecell.com/
und auch bei biospace http://www.biospace.com/ct/results.cfm?Company=2316
bekommt man leider keine Infos über den derzeitigen Stand der Produktpipeline. (Im Quartalbericht schreibt Lifecell das sie aus Geldmangel, das eine oder andere Projekt vielleicht auf Eis legen wollen.)
Fragen:
1. Weiß einer von euch was über den F/E Stand von ThromboSol™, und wie schätzt Ihr die Aussichten für ein solches Produkt ein?
2. Wann kommt der nächste Quartalsbericht?
sonnige Grüße
Kubrick!
Ich habe es mir jetzt zwei mal angehört, aber den ceo oder wer immer da spricht von lifecell verstehe ich auch nur teilweise. Im Diskussionsboard von yahoo http://search.yahoo.com/bin/search?p=lifecell
habe ich mir dann ein paar Meinungen zum conferencecall durchgelesen, und die einhellige Meinung ist das nichts neues gesagt wurde. Der erste Teil behandelt nur die bekannten Zahlen zum 1. quarter, und bei den gestellten Fragen hat sich auch nichts neues ergeben.
Besonders bedauert wird im yahoo board das kein Ausblick zu ThromboSol™ gegeben wird, was wohl mal das richtig große Geld bringen soll.
Auf der Website von Lifecell http://www.lifecell.com/
und auch bei biospace http://www.biospace.com/ct/results.cfm?Company=2316
bekommt man leider keine Infos über den derzeitigen Stand der Produktpipeline. (Im Quartalbericht schreibt Lifecell das sie aus Geldmangel, das eine oder andere Projekt vielleicht auf Eis legen wollen.)
Fragen:
1. Weiß einer von euch was über den F/E Stand von ThromboSol™, und wie schätzt Ihr die Aussichten für ein solches Produkt ein?
2. Wann kommt der nächste Quartalsbericht?
sonnige Grüße
Kubrick!
@all
Habe eine im May 2001 von einem Prof. Vicente Vicente García veröffentlichte Studie zu ThromboSol gefunden. Ich finde die Daten positiv, wenn es auch kein Wundermittel zu sein scheint. Aber der Vorteil einer längeren Lagerung von Blutkonserven durch ThromboSol scheint ja im Versuch zu funktionieren.
Hier ist der Original Text:
--------------------------------------------------------------------------------
Effect of cold-storage on the accumulation of bioreactive substances in platelet concentrates treated with second messenger effectors
Francisca Ferrer, José Rivera, Maria Luisa Lozano, Javier Corral, Vicente Vicente
Correspondence: Prof. Vicente Vicente García, M.D., Centro Regional de Hemodonación, Ronda de Garay s/n, 30003 Murcia, Spain.
Phone: international 968-341990 - Fax: international 968-261914
--------------------------------------------------------------------------------
Abstract
Background and Objectives. The mandatory 5-day of shelf-life platelet concentrates (PCs) creates outdating and inventory control problems in blood banking. Moreover, storage of PCs at 22-24ºC has been associated with a time-dependent accumulation of pyrogenic cytokines, potentially harmful for recipients. Previous studies have shown that supplementation of PCs with ThromboSol, a mixture of second-messengers effectors, might allow storage of functionally active platelets at refrigerated temperature to be extended. This study further investigates this storage approach by comparing the accumulation of bioactive compounds in standard and refrigerated PCs.
Design and Methods. The PCs were supplemented with ThromboSol or a control solution and stored in parallel at 22ºC with continuous agitation or undisturbed at 4ºC. Samples were removed on days 1, 5, 9 of storage, and assayed for their content of interleukin (IL)-6, IL-8, tumour necrosis factor (TNF)-a transforming growth factor (TGF)-b1, and anaphylatoxins C3a and C4a.
Results. Throughout storage, refrigerated PCs, both ThromboSol-treated and untreated units, displayed a slightly lower level of IL-6 and significantly lower concentration of IL-8 than conventionally stored PCs. ThromboSol slightly reduced the level of these cytokines in PCs. Throughout storage at 22ºC, an accumulation of anaphylatoxins C3a and C4a was seen both in both control and ThromboSol-treated PCs. This accumulation was significantly reduced in control PCs stored at 4ºC, but not in refrigerated PCs supplemented with ThromboSol. Cold-storage, with or without ThromboSol, had a minor effect on the accumulation of TGF-b1 in PCs.
Interpretation and Conclusions. Our data confirm that release of bioactive compounds during in vitro storage of PCs is a temperature-sensitive process. The ThromboSol-refrigeration system could be a useful alternative for extending storage of PCs, without increasing the accumulation of cytokines (IL-6, IL-8), known to be involved in febrile reactions in recipients. Nevertheless, this storage system has no benefit on the level of other bioactive compounds (TGF-b1, anaphylatoxins C3a and C4a) in PCs.
©2001, Ferrata Storti Foundation
Key words: refrigerated PCs, storage, cytokines, anaphylatoxins, ThromboSol
--------------------------------------------------------------------------------
Link: http://www.haematologica.it/2001_05/0530.htm
Wäre schön wenn sich ein Mediziner, Biologe oder sonst jemand, der sich mit sowas auskennt, seine Meinung zu den Ergebnissen äußern könnte.
mfg
Kubrick
Habe eine im May 2001 von einem Prof. Vicente Vicente García veröffentlichte Studie zu ThromboSol gefunden. Ich finde die Daten positiv, wenn es auch kein Wundermittel zu sein scheint. Aber der Vorteil einer längeren Lagerung von Blutkonserven durch ThromboSol scheint ja im Versuch zu funktionieren.
Hier ist der Original Text:
--------------------------------------------------------------------------------
Effect of cold-storage on the accumulation of bioreactive substances in platelet concentrates treated with second messenger effectors
Francisca Ferrer, José Rivera, Maria Luisa Lozano, Javier Corral, Vicente Vicente
Correspondence: Prof. Vicente Vicente García, M.D., Centro Regional de Hemodonación, Ronda de Garay s/n, 30003 Murcia, Spain.
Phone: international 968-341990 - Fax: international 968-261914
--------------------------------------------------------------------------------
Abstract
Background and Objectives. The mandatory 5-day of shelf-life platelet concentrates (PCs) creates outdating and inventory control problems in blood banking. Moreover, storage of PCs at 22-24ºC has been associated with a time-dependent accumulation of pyrogenic cytokines, potentially harmful for recipients. Previous studies have shown that supplementation of PCs with ThromboSol, a mixture of second-messengers effectors, might allow storage of functionally active platelets at refrigerated temperature to be extended. This study further investigates this storage approach by comparing the accumulation of bioactive compounds in standard and refrigerated PCs.
Design and Methods. The PCs were supplemented with ThromboSol or a control solution and stored in parallel at 22ºC with continuous agitation or undisturbed at 4ºC. Samples were removed on days 1, 5, 9 of storage, and assayed for their content of interleukin (IL)-6, IL-8, tumour necrosis factor (TNF)-a transforming growth factor (TGF)-b1, and anaphylatoxins C3a and C4a.
Results. Throughout storage, refrigerated PCs, both ThromboSol-treated and untreated units, displayed a slightly lower level of IL-6 and significantly lower concentration of IL-8 than conventionally stored PCs. ThromboSol slightly reduced the level of these cytokines in PCs. Throughout storage at 22ºC, an accumulation of anaphylatoxins C3a and C4a was seen both in both control and ThromboSol-treated PCs. This accumulation was significantly reduced in control PCs stored at 4ºC, but not in refrigerated PCs supplemented with ThromboSol. Cold-storage, with or without ThromboSol, had a minor effect on the accumulation of TGF-b1 in PCs.
Interpretation and Conclusions. Our data confirm that release of bioactive compounds during in vitro storage of PCs is a temperature-sensitive process. The ThromboSol-refrigeration system could be a useful alternative for extending storage of PCs, without increasing the accumulation of cytokines (IL-6, IL-8), known to be involved in febrile reactions in recipients. Nevertheless, this storage system has no benefit on the level of other bioactive compounds (TGF-b1, anaphylatoxins C3a and C4a) in PCs.
©2001, Ferrata Storti Foundation
Key words: refrigerated PCs, storage, cytokines, anaphylatoxins, ThromboSol
--------------------------------------------------------------------------------
Link: http://www.haematologica.it/2001_05/0530.htm
Wäre schön wenn sich ein Mediziner, Biologe oder sonst jemand, der sich mit sowas auskennt, seine Meinung zu den Ergebnissen äußern könnte.
mfg
Kubrick
@Kubrick:
Du hast die Studie ja auch ins Yahoo-Board gestellt. Wenn du eine vernünftige Antwort bekommst, postest du sie bitte auch hier hinein?
Grüße von
ubo
Du hast die Studie ja auch ins Yahoo-Board gestellt. Wenn du eine vernünftige Antwort bekommst, postest du sie bitte auch hier hinein?
Grüße von
ubo
Im Überblick stelle ich mal die Produkte rein, die in der Pipeline sind:
Vascular Grafts
On the basis of its technology for matrix processing and preservation, LifeCell is developing an acellular matrix, small-diameter arterial graft as a potential alternative to autografted blood vessels in coronary bypass and peripheral (below knee) bypass procedures.
Like AlloDerm®, LifeCell vascular grafts provide a cell-free matrix of human arterial tissue that once implanted, quickly repopulates with cells to become a living artery. Successfully developed, such grafts could offer significant benefits over autograft blood vessels in terms of improved function, reduced patient morbidity, greater convenience, and reduced cost.
Orthopedic Tissues
Preclinical studies suggest that LifeCell`s cell-free tissue matrix also can remodel tendon and ligament tissues. Thus, the company`s technology platform may offer further opportunities to develop products for a wide range of orthopedic applications for which improved treatments are greatly needed.
LifeCell received a $2.3 million grant from the U.S. Deparment of Defense to further investigate uses of its cell-free, tissue-matrix technology in this field of research. See press release.
Cell Preservation Programs
LifeCell is developing products to preserve and extend the storage capabilities of transfusable blood cells. The company`s first product of this kind, ThromboSol™, is undergoing initial clinical evaluation for the low temperature storage of donated platelets.
In a program fully supported by the US Department of Defense, LifeCell is collaborating with the University of Texas M. D. Anderson Cancer Center to evaluate ThromboSol in 2 M. D. Anderson-sponsored clinical trials. The first is investigating the use of ThromboSol to freeze and store donated TPO-stimulated platelets for reinfusion as needed into patients undergoing chemotherapy. The second is studying the use of ThromboSol-stored platelets in patients undergoing treatment for leukemia.
The Department of Defense also is funding research at LifeCell focused on the prolonged frozen or freeze-dried storage of red blood cells for transfusion.
Terminal Sterilization
Thanks to the comprehensive processing and screening procedures used in their manufacture, LifeCell`s products have an extensive history of safety. Committed to continuous product improvement, LifeCell further aims to develop new methods for the terminal sterilization of its products. Such methods will provide LifeCell with additional flexibility and cost-efficiencies in its manufacturing processes. The company expects to put these new processes in place during 2001.
Quelle: http//:www.lifecell.com
ubo
Vascular Grafts
On the basis of its technology for matrix processing and preservation, LifeCell is developing an acellular matrix, small-diameter arterial graft as a potential alternative to autografted blood vessels in coronary bypass and peripheral (below knee) bypass procedures.
Like AlloDerm®, LifeCell vascular grafts provide a cell-free matrix of human arterial tissue that once implanted, quickly repopulates with cells to become a living artery. Successfully developed, such grafts could offer significant benefits over autograft blood vessels in terms of improved function, reduced patient morbidity, greater convenience, and reduced cost.
Orthopedic Tissues
Preclinical studies suggest that LifeCell`s cell-free tissue matrix also can remodel tendon and ligament tissues. Thus, the company`s technology platform may offer further opportunities to develop products for a wide range of orthopedic applications for which improved treatments are greatly needed.
LifeCell received a $2.3 million grant from the U.S. Deparment of Defense to further investigate uses of its cell-free, tissue-matrix technology in this field of research. See press release.
Cell Preservation Programs
LifeCell is developing products to preserve and extend the storage capabilities of transfusable blood cells. The company`s first product of this kind, ThromboSol™, is undergoing initial clinical evaluation for the low temperature storage of donated platelets.
In a program fully supported by the US Department of Defense, LifeCell is collaborating with the University of Texas M. D. Anderson Cancer Center to evaluate ThromboSol in 2 M. D. Anderson-sponsored clinical trials. The first is investigating the use of ThromboSol to freeze and store donated TPO-stimulated platelets for reinfusion as needed into patients undergoing chemotherapy. The second is studying the use of ThromboSol-stored platelets in patients undergoing treatment for leukemia.
The Department of Defense also is funding research at LifeCell focused on the prolonged frozen or freeze-dried storage of red blood cells for transfusion.
Terminal Sterilization
Thanks to the comprehensive processing and screening procedures used in their manufacture, LifeCell`s products have an extensive history of safety. Committed to continuous product improvement, LifeCell further aims to develop new methods for the terminal sterilization of its products. Such methods will provide LifeCell with additional flexibility and cost-efficiencies in its manufacturing processes. The company expects to put these new processes in place during 2001.
Quelle: http//:www.lifecell.com
ubo
Lifecell platziert 3.125 Millionen seiner "common stocks" zum 5-Tagesdurchschnitt von 1.92$. Damit ist die Finanzierung der Forchungsprojekte erstmal sichergestellt. Der Verkauf der Aktien soll nahe an der 1. Juli Woche erfolgen. http://biz.yahoo.com/prnews/010629/nyf083.html
schönes Wochenende
Kubrick
schönes Wochenende
Kubrick
@all
Nächste Woche wird Lifecell wahrscheinlich seine Zahlen zum 2. Quartal veröffentlichen. Ich glaube zwar nicht, das der "break even" schon erreicht wird wie GRUNTAL & CO., INC. behaupten. Aber eine weitere Umsatzsteigerung und ein geringerer Verlust als im Vergleichsquartal sind bestimmt drin.
Lassen wir uns überraschen!
mfg
Kubrick
Nächste Woche wird Lifecell wahrscheinlich seine Zahlen zum 2. Quartal veröffentlichen. Ich glaube zwar nicht, das der "break even" schon erreicht wird wie GRUNTAL & CO., INC. behaupten. Aber eine weitere Umsatzsteigerung und ein geringerer Verlust als im Vergleichsquartal sind bestimmt drin.
Lassen wir uns überraschen!
mfg
Kubrick
Was geht denn in FSE ab ???
Ask 8€
Ask 8€
@ kubrick2001 / Mitch
Wo kann Ich mir den gehandelten Kurs in NY anschauen bzw. wo verflogt Ihr den Kurs / Umsatz ?
Von der Kurssteigerung ausgehend dürften die nächsten Zahlen doch positiv sein.
Gruß Markus
Wo kann Ich mir den gehandelten Kurs in NY anschauen bzw. wo verflogt Ihr den Kurs / Umsatz ?
Von der Kurssteigerung ausgehend dürften die nächsten Zahlen doch positiv sein.
Gruß Markus
@markusj
Ich verfolge die Kurse direkt bei der Nasdaq. http://www.nasdaq.com/
Gib einfach das Kürzel von lifecell (lifc) ein.
Unter "Portfolio Tracking" kannst du dir auch eine watchlist anlegen.
gruß
Kubrick
Ich verfolge die Kurse direkt bei der Nasdaq. http://www.nasdaq.com/
Gib einfach das Kürzel von lifecell (lifc) ein.
Unter "Portfolio Tracking" kannst du dir auch eine watchlist anlegen.
gruß
Kubrick
an erkilein,
Du scheinst ja ziemlich fit zu sein. Erklär mir mal bitte Schritt für Schritt wie ich am günstigsten an die Aktie komme. Ich bin ein absolutes Greenhorn. Danke!!!
Du scheinst ja ziemlich fit zu sein. Erklär mir mal bitte Schritt für Schritt wie ich am günstigsten an die Aktie komme. Ich bin ein absolutes Greenhorn. Danke!!!
Hallo MarkusJ
Einfach unter www.comdirect.de oben links in den Kasten das Kürzel eingeben: lifc
Und schon hast Du Umsatz und Kurs von Lifecell.
Gruß Mitch
Einfach unter www.comdirect.de oben links in den Kasten das Kürzel eingeben: lifc
Und schon hast Du Umsatz und Kurs von Lifecell.
Gruß Mitch
Danke Euch . Hatte falsches Kürzel ( LF3 )benuzt.
z.Z 50000 Stücke umgesetzt und in Deutschland ist auch ganz schön was los.
z.Z 50000 Stücke umgesetzt und in Deutschland ist auch ganz schön was los.
Freitag den 13. ganz schön abgesackt!!! warum ???
Günther
Günther
Hi DoktorKulka!
Ich schätze das der Kursrückgang am Freitag durch Gewinnmitnahmen zu erklären ist, aufgrund des geringen Umsatzes (12.400 St.) muss man sich aber vermutlich keine Sorgen machen.
Da nächste Woche die Quartalszahlen rauskommen müssten, scheinen Käufer abzuwarten da Lifecell bis jetzt noch nie die Analystenschätzungen erfüllen konnte.
Gruß
Kubrick
Ich schätze das der Kursrückgang am Freitag durch Gewinnmitnahmen zu erklären ist, aufgrund des geringen Umsatzes (12.400 St.) muss man sich aber vermutlich keine Sorgen machen.
Da nächste Woche die Quartalszahlen rauskommen müssten, scheinen Käufer abzuwarten da Lifecell bis jetzt noch nie die Analystenschätzungen erfüllen konnte.
Gruß
Kubrick
Hallo zusammen
Für mich sind die Kurse und Umsätze in den USA viel interessanter als die in Deutschland.
In D. kommen nur das geringe Handelsvolumen auch manchmal überzogene Kurse zustande.
Wenn man sich also mal die Kursentwicklung in den USA anschaut, dann sind die 6 % für mich nichts was mir Sorgen machen würde.
Gruß Mitch
Für mich sind die Kurse und Umsätze in den USA viel interessanter als die in Deutschland.
In D. kommen nur das geringe Handelsvolumen auch manchmal überzogene Kurse zustande.
Wenn man sich also mal die Kursentwicklung in den USA anschaut, dann sind die 6 % für mich nichts was mir Sorgen machen würde.
Gruß Mitch
Hi Mitch,
mein posting bezog sich auf Amerika, die Abweichung des Kurses in Deutschland ist ohne Aussagekraft.
Gruß
Kubrick
mein posting bezog sich auf Amerika, die Abweichung des Kurses in Deutschland ist ohne Aussagekraft.
Gruß
Kubrick
Hallo Kubrick2001
Es war mir klar, daß Du Dich auf USA bezogen hast, aber DoktorKulka hat wohl den deutschen Kurs gemeint.
In D. ist es ja um (ich glaube) 11 % runter gegangen.
Gruß Mitch
Es war mir klar, daß Du Dich auf USA bezogen hast, aber DoktorKulka hat wohl den deutschen Kurs gemeint.
In D. ist es ja um (ich glaube) 11 % runter gegangen.
Gruß Mitch
@all
Morgen am 17.07.01 wird Lifecell seine Zahlen für Q2 melden. Laut CNBC wird, im Gegensatz zu den Zahlen an der Nasdaq, ein EPS von -0.07 erwartet (nasdaq -0.03).
Ich denke wenn der Verlust unter 10 Cent bleibt, können wir eine Flasche Sekt aufmachen. Ich bin auf jeden Fall sehr gespannt wie die Zahlen aussehen.
Gruß
Kubrick
Morgen am 17.07.01 wird Lifecell seine Zahlen für Q2 melden. Laut CNBC wird, im Gegensatz zu den Zahlen an der Nasdaq, ein EPS von -0.07 erwartet (nasdaq -0.03).
Ich denke wenn der Verlust unter 10 Cent bleibt, können wir eine Flasche Sekt aufmachen. Ich bin auf jeden Fall sehr gespannt wie die Zahlen aussehen.
Gruß
Kubrick
bin gerade eingestiegen... dann wollen wir mal schauen, ob man was zum Entkorken hat
hab mal 2ooo `Stück im Depot
drk
hab mal 2ooo `Stück im Depot
drk
@all
So wie es aussieht war CNBC falsch informiert!
LifeCell Corporation Invites You to Join Its Second Quarter 2001 Results Conference Call
PRNewswire via COMTEX
Jul 17, 2001 4:01:00 PM
------------------------
BRANCHBURG, N.J., Jul 17, 2001 /PRNewswire via COMTEX/ -- In conjunction with LifeCell Corporation`s Second Quarter 2001 Earnings Release, Paul G. Thomas, Chairman, President and CEO of LifeCell Corporation will be hosting a conference call on Tuesday, July 24, 2001 at 10:00 AM EST. A listen-only, live webcast of the conference call will be available at the following link: http//www.videonewswire.com/event.asp?id=207 (Minimum requirements to listen to the webcast: The RealPlayer software, downloadable free from http://www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet.)
What: LifeCell Corporation Second Quarter 2001 Earnings Release Conference Call When: 10:00 AM EST, Tuesday, July 24, 2001 Conference Call Information Call-in #: 800-540-0559 Access Code: LifeCell Replay #: 800-695-2122 -- Available approximately 2 hours after event ends. From July 24, 2001 through July 31, 2001 Contact: Steven Sobieski, VP, CFO, 908-947-1100
Wir werden uns wohl bis zum nächsten Dienstag gedulden müssen.
schöne Grüße
Kubrick
So wie es aussieht war CNBC falsch informiert!
LifeCell Corporation Invites You to Join Its Second Quarter 2001 Results Conference Call
PRNewswire via COMTEX
Jul 17, 2001 4:01:00 PM
------------------------
BRANCHBURG, N.J., Jul 17, 2001 /PRNewswire via COMTEX/ -- In conjunction with LifeCell Corporation`s Second Quarter 2001 Earnings Release, Paul G. Thomas, Chairman, President and CEO of LifeCell Corporation will be hosting a conference call on Tuesday, July 24, 2001 at 10:00 AM EST. A listen-only, live webcast of the conference call will be available at the following link: http//www.videonewswire.com/event.asp?id=207 (Minimum requirements to listen to the webcast: The RealPlayer software, downloadable free from http://www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet.)
What: LifeCell Corporation Second Quarter 2001 Earnings Release Conference Call When: 10:00 AM EST, Tuesday, July 24, 2001 Conference Call Information Call-in #: 800-540-0559 Access Code: LifeCell Replay #: 800-695-2122 -- Available approximately 2 hours after event ends. From July 24, 2001 through July 31, 2001 Contact: Steven Sobieski, VP, CFO, 908-947-1100
Wir werden uns wohl bis zum nächsten Dienstag gedulden müssen.
schöne Grüße
Kubrick
Tuesday July 24, 8:02 am Eastern Time
Press Release
SOURCE: LifeCell Corporation
LifeCell Reports Second Quarter 2001 Product Revenues
Increased 30%; Net Loss Decreased 69%
BRANCHBURG, N.J., July 24 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC -
news) today announced that second quarter 2001 total revenues increased 27% to $7.5
million from $5.9 million in the second quarter of 2000. Product revenues of $7.0 million
were 30% above the $5.4 million reported in the second quarter of 2000. This increase was
largely due to higher revenues from Repliform(TM) and AlloDerm®. On a consecutive
quarter basis, product revenues increased $587,000, or 9%, over first quarter 2001 revenues.
Net loss in the second quarter of 2001 decreased 69% to $657,000 compared to $2.1 million
in the second quarter of 2000. The reduction in net loss resulted principally from the positive
contribution from the increase in product revenues and a reduction in general and
administrative expenses. The second quarter 2001 net loss represents a decrease of
$659,000, or 50%, from the first quarter 2001 net loss of $1.3 million.
Total revenues in the six months ended June 30, 2001 increased 33% to $14.2 million from
$10.7 million in the first six months in 2000. Product revenues of $13.4 million were 37%
above the $9.8 million reported in the first six months of 2000. This increase was largely due
to higher revenues from Repliform, Cymetra® and AlloDerm. Net loss in the first six months
of 2001 decreased 40% to $2.0 million compared to $3.3 million in the same period in 2000.
The Company ended the quarter with cash and short-term investments of $2.6 million, down
from $3.0 million at March 31, 2001. Following the end of the second quarter, the Company
completed a $6.0 million private financing led by OrbiMed Advisors LLC.
``I am very pleased with our operating performance through the first six months of this year,``
said Paul G. Thomas, LifeCell`s Chairman, President and Chief Executive Officer. ``The
positive impact of continued revenue growth combined with the benefits realized through
expense reductions and operating efficiencies has resulted in a significant decrease in our net loss and negative cash flows``
he added. ``Additionally, the $6.0 million private placement we completed earlier this month strengthened our financial
position`` stated Mr. Thomas.
As previously reported, a conference call will be hosted by Paul G. Thomas on Tuesday, July 24, 2001 at 10:00 a.m. EDT to
discuss these operating results and related matters. You may listen to the conference call by calling (800) 540-0559 and
indicating access code: LifeCell. The conference call will be recorded and an automated playback of the conference call
will be available through July 31, 2001 by dialing (800) 695-2122 and indicating access code: LifeCell.
A listen-only, live web cast of the conference call will be available at http://www.videonewswire.com/event.asp?id=207. If you
are unable to listen during the live webcast, the call will be archived on LifeCell`s web site http://www.LifeCell.com/financial.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing
biologic solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all
cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components
necessary for normal tissue regeneration. LifeCell currently markets three human tissue products based on its technology:
AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal
procedures through BioHorizons, Inc.; Cymetra®, a version of AlloDerm in particulate form for the correction of soft tissue
defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version
of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific
Corporation. The Company`s development programs include the application of its core technology to process small diameter
blood vessel grafts as an alternative to blood vessel grafts taken from the patient; investigation of potential orthopedic
applications of its technology; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation
for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements represent management`s judgment regarding future events.
Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that
such expectations will prove to be correct and you should be aware that actual results could differ materially from those
contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the
Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities
and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
June 30, December 31,
2001 (1) 2000
Cash and cash equivalents
and short-term investments $2,576,000 $5,535,000
Working capital 3,159,000 5,330,000
Total assets 20,687,000 25,410,000
Total stockholders` equity 10,855,000 12,789,000
Three Months Ended Six Months Ended
June 30, June 30,
2001 2000 2001 2000
Revenues:
Product revenues $7,011,000 $5,387,000 $13,435,000 $9,825,000
Research grant
revenues 440,000 475,000 787,000 853,000
Total revenues 7,451,000 5,862,000 14,222,000 10,678,000
Costs and Expenses:
Cost of products
sold 2,358,000 1,912,000 4,853,000 3,100,000
Research and
development 1,164,000 1,299,000 2,289,000 2,518,000
General and
administrative 1,247,000 1,627,000 2,340,000 2,843,000
Selling and
marketing 3,141,000 3,013,000 6,338,000 5,291,000
Total costs and
expenses 7,910,000 7,851,000 15,820,000 13,752,000
Loss from Operations (459,000) (1,989,000) (1,598,000) (3,074,000)
Interest and other
expense, net (198,000) (160,000) (375,000) (231,000)
Net Loss $(657,000) $(2,149,000) $(1,973,000) $(3,305,000)
Loss per Common Share -
Basic and Diluted $(0.05) $(0.16) $(0.14) $(0.26)
Shares Used in Computing
Loss per Common Share -
Basic and Diluted 16,709,368 14,021,629 16,709,368 13,639,714
(1) Balances at June 30, 2001 do not include $6.0 million proceeds from
the private placement of common stock and warrants completed in
July 2001.
SOURCE: LifeCell Corporation
MfG Dauphin
Press Release
SOURCE: LifeCell Corporation
LifeCell Reports Second Quarter 2001 Product Revenues
Increased 30%; Net Loss Decreased 69%
BRANCHBURG, N.J., July 24 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC -
news) today announced that second quarter 2001 total revenues increased 27% to $7.5
million from $5.9 million in the second quarter of 2000. Product revenues of $7.0 million
were 30% above the $5.4 million reported in the second quarter of 2000. This increase was
largely due to higher revenues from Repliform(TM) and AlloDerm®. On a consecutive
quarter basis, product revenues increased $587,000, or 9%, over first quarter 2001 revenues.
Net loss in the second quarter of 2001 decreased 69% to $657,000 compared to $2.1 million
in the second quarter of 2000. The reduction in net loss resulted principally from the positive
contribution from the increase in product revenues and a reduction in general and
administrative expenses. The second quarter 2001 net loss represents a decrease of
$659,000, or 50%, from the first quarter 2001 net loss of $1.3 million.
Total revenues in the six months ended June 30, 2001 increased 33% to $14.2 million from
$10.7 million in the first six months in 2000. Product revenues of $13.4 million were 37%
above the $9.8 million reported in the first six months of 2000. This increase was largely due
to higher revenues from Repliform, Cymetra® and AlloDerm. Net loss in the first six months
of 2001 decreased 40% to $2.0 million compared to $3.3 million in the same period in 2000.
The Company ended the quarter with cash and short-term investments of $2.6 million, down
from $3.0 million at March 31, 2001. Following the end of the second quarter, the Company
completed a $6.0 million private financing led by OrbiMed Advisors LLC.
``I am very pleased with our operating performance through the first six months of this year,``
said Paul G. Thomas, LifeCell`s Chairman, President and Chief Executive Officer. ``The
positive impact of continued revenue growth combined with the benefits realized through
expense reductions and operating efficiencies has resulted in a significant decrease in our net loss and negative cash flows``
he added. ``Additionally, the $6.0 million private placement we completed earlier this month strengthened our financial
position`` stated Mr. Thomas.
As previously reported, a conference call will be hosted by Paul G. Thomas on Tuesday, July 24, 2001 at 10:00 a.m. EDT to
discuss these operating results and related matters. You may listen to the conference call by calling (800) 540-0559 and
indicating access code: LifeCell. The conference call will be recorded and an automated playback of the conference call
will be available through July 31, 2001 by dialing (800) 695-2122 and indicating access code: LifeCell.
A listen-only, live web cast of the conference call will be available at http://www.videonewswire.com/event.asp?id=207. If you
are unable to listen during the live webcast, the call will be archived on LifeCell`s web site http://www.LifeCell.com/financial.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing
biologic solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all
cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components
necessary for normal tissue regeneration. LifeCell currently markets three human tissue products based on its technology:
AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal
procedures through BioHorizons, Inc.; Cymetra®, a version of AlloDerm in particulate form for the correction of soft tissue
defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version
of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific
Corporation. The Company`s development programs include the application of its core technology to process small diameter
blood vessel grafts as an alternative to blood vessel grafts taken from the patient; investigation of potential orthopedic
applications of its technology; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation
for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements represent management`s judgment regarding future events.
Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that
such expectations will prove to be correct and you should be aware that actual results could differ materially from those
contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the
Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities
and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
June 30, December 31,
2001 (1) 2000
Cash and cash equivalents
and short-term investments $2,576,000 $5,535,000
Working capital 3,159,000 5,330,000
Total assets 20,687,000 25,410,000
Total stockholders` equity 10,855,000 12,789,000
Three Months Ended Six Months Ended
June 30, June 30,
2001 2000 2001 2000
Revenues:
Product revenues $7,011,000 $5,387,000 $13,435,000 $9,825,000
Research grant
revenues 440,000 475,000 787,000 853,000
Total revenues 7,451,000 5,862,000 14,222,000 10,678,000
Costs and Expenses:
Cost of products
sold 2,358,000 1,912,000 4,853,000 3,100,000
Research and
development 1,164,000 1,299,000 2,289,000 2,518,000
General and
administrative 1,247,000 1,627,000 2,340,000 2,843,000
Selling and
marketing 3,141,000 3,013,000 6,338,000 5,291,000
Total costs and
expenses 7,910,000 7,851,000 15,820,000 13,752,000
Loss from Operations (459,000) (1,989,000) (1,598,000) (3,074,000)
Interest and other
expense, net (198,000) (160,000) (375,000) (231,000)
Net Loss $(657,000) $(2,149,000) $(1,973,000) $(3,305,000)
Loss per Common Share -
Basic and Diluted $(0.05) $(0.16) $(0.14) $(0.26)
Shares Used in Computing
Loss per Common Share -
Basic and Diluted 16,709,368 14,021,629 16,709,368 13,639,714
(1) Balances at June 30, 2001 do not include $6.0 million proceeds from
the private placement of common stock and warrants completed in
July 2001.
SOURCE: LifeCell Corporation
MfG Dauphin
@all
Freuen wie uns. Diese Zahlen sind doch alle mal gut für eine Flasche Champagner.
Verlust um 69 Prozenz reduziert, auf 5 cent pro Aktie und Umsatz um 30 Prozent gesteigert, auf fast 42 cent pro Aktie für diese Quartal.
Die Verluste gestern an der Nasdaq sind, denke ich irrational, und werden keinen Bestand haben. Wahrscheinlich geht es schon heute oder spätestens nächste Woche wieder deutlich nach oben.
Sonnige Grüße
Kubrick
Freuen wie uns. Diese Zahlen sind doch alle mal gut für eine Flasche Champagner.
Verlust um 69 Prozenz reduziert, auf 5 cent pro Aktie und Umsatz um 30 Prozent gesteigert, auf fast 42 cent pro Aktie für diese Quartal.
Die Verluste gestern an der Nasdaq sind, denke ich irrational, und werden keinen Bestand haben. Wahrscheinlich geht es schon heute oder spätestens nächste Woche wieder deutlich nach oben.
Sonnige Grüße
Kubrick
@all
CEO Paul G. Thomas hat im Confrence Call zum 2. Quartal erklärt, daß Lifecell zuversichtlich ist, den break even in der zweiten Jahreshälfte zu erreichen. http://www.videonewswire.com/event.asp?id=207
Wie ist den eure Meinung zu den Zahlen?
Schöne Grüße
Kubrick
CEO Paul G. Thomas hat im Confrence Call zum 2. Quartal erklärt, daß Lifecell zuversichtlich ist, den break even in der zweiten Jahreshälfte zu erreichen. http://www.videonewswire.com/event.asp?id=207
Wie ist den eure Meinung zu den Zahlen?
Schöne Grüße
Kubrick
Hi Jungs und Mädels, (gibt es hier welche?)
habe den Grund gefunden warum Lifecell nach den Q2 Zahlen nicht so gut gelaufen ist.
GRUNTAL & CO., INC. haben die Aussichten für das Q3 von $0,00 auf $-0.07 cent gesenkt, und die Aussichten für das Geschäftsjahr 2001 von $-0.04 auf $-0.22.
Nach $-0.09 in Q1 und $-0.05 in Q2, sowie dem Ausblick von CEO Paul G. Thomas in den letzten 6 Monaten ein ausgeglichenes Ergebnis zu erreichen, müßte Lifecell jetzt eigentlich in der Lage sein die Erwartungen deutlich zu toppen. Vielleicht war es ja der Wunsch des Managements, die Erwartungen zurückzunehmen, sie positiv zu schlagen, und so langfristig eine höhere Bewertung zu erreichen. Mir erscheint das zumindest besser als zu hohe Prognosen ständig zu verfehlen.
P.S. Es ist ruhig hier geworden in den letzten Wochen, meldet euch mal!
Gruß Kubrick
habe den Grund gefunden warum Lifecell nach den Q2 Zahlen nicht so gut gelaufen ist.
GRUNTAL & CO., INC. haben die Aussichten für das Q3 von $0,00 auf $-0.07 cent gesenkt, und die Aussichten für das Geschäftsjahr 2001 von $-0.04 auf $-0.22.
Nach $-0.09 in Q1 und $-0.05 in Q2, sowie dem Ausblick von CEO Paul G. Thomas in den letzten 6 Monaten ein ausgeglichenes Ergebnis zu erreichen, müßte Lifecell jetzt eigentlich in der Lage sein die Erwartungen deutlich zu toppen. Vielleicht war es ja der Wunsch des Managements, die Erwartungen zurückzunehmen, sie positiv zu schlagen, und so langfristig eine höhere Bewertung zu erreichen. Mir erscheint das zumindest besser als zu hohe Prognosen ständig zu verfehlen.
P.S. Es ist ruhig hier geworden in den letzten Wochen, meldet euch mal!
Gruß Kubrick
Hi Leute!
Ich bin auch noch da. Die Q. Zahlen waren gut, das wird dem Kurs auftrieb geben. Bin schon seit November investiert und warte schon lange auf positive Singnale von Lifecell. Mich stört das winzige Handelsvolumen, selbst die kleinsten Verkaufsorders drücken den Kurs um viele Prozente. Hat den niemand aus den USA Interesse an diesem Wert?
Predo
Ich bin auch noch da. Die Q. Zahlen waren gut, das wird dem Kurs auftrieb geben. Bin schon seit November investiert und warte schon lange auf positive Singnale von Lifecell. Mich stört das winzige Handelsvolumen, selbst die kleinsten Verkaufsorders drücken den Kurs um viele Prozente. Hat den niemand aus den USA Interesse an diesem Wert?
Predo
Hallo zusammen,
Freitag hatten wir ja mal endlich wieder einen schönen Anstieg des Kurses. Da auch das Handelsvolumen wieder etwas anzog, können wir darauf hoffen, daß nächste Woche die 3 Dollar Marke getestet wird.
Im Yahoo board wird darüber spekuliert, ob der Anstieg von Lifecell, mit der Rede von W. zusammenhängt. Amis zu blöd um Stammzellen und Lifecell zu unterscheiden? Liegt nicht so fern, da auch in einem board bei w:o lifc in Verbindung mit Stammzellen genannt wurde.
Da die Kurse von Stammzellen Aktien aber am Freitag größtenteils nachgaben, kann man das wohl ausschließen.
Auf einen signifikanten Ausbruch wartend
Kubrick
Freitag hatten wir ja mal endlich wieder einen schönen Anstieg des Kurses. Da auch das Handelsvolumen wieder etwas anzog, können wir darauf hoffen, daß nächste Woche die 3 Dollar Marke getestet wird.
Im Yahoo board wird darüber spekuliert, ob der Anstieg von Lifecell, mit der Rede von W. zusammenhängt. Amis zu blöd um Stammzellen und Lifecell zu unterscheiden? Liegt nicht so fern, da auch in einem board bei w:o lifc in Verbindung mit Stammzellen genannt wurde.
Da die Kurse von Stammzellen Aktien aber am Freitag größtenteils nachgaben, kann man das wohl ausschließen.
Auf einen signifikanten Ausbruch wartend
Kubrick
Hallo zusammen
Leider weiß ich auch nichts neues über LifeCell. Auch im neuesten Medical Strategy stand eigentlich nichts drin.
Interessant finde ich aber das hohe Volumen.
Irgendwie scheint da jemand Interesse an der Aktie zu haben.
Das Volumen ist ja jetzt schon eine ganze Weile hoch.
Die Vermutung, daß die Amis so blöd sind, LifeCell und Stammzellen in Verbindung zu brinen, glaube ich eigentlich nicht.
Sie sind zwar etwas dumm, aber sooo nun auch wieder nicht. (-;
Gruß Mitch
Leider weiß ich auch nichts neues über LifeCell. Auch im neuesten Medical Strategy stand eigentlich nichts drin.
Interessant finde ich aber das hohe Volumen.
Irgendwie scheint da jemand Interesse an der Aktie zu haben.
Das Volumen ist ja jetzt schon eine ganze Weile hoch.
Die Vermutung, daß die Amis so blöd sind, LifeCell und Stammzellen in Verbindung zu brinen, glaube ich eigentlich nicht.
Sie sind zwar etwas dumm, aber sooo nun auch wieder nicht. (-;
Gruß Mitch
@all
Fonds und Investmenthäuser bieten 5.209.211 Aktien von Lifecell zum Verkauf an. Hier ist das "SEC Fillings" von der Nasdaq.
LIFECELL CORPORATION
5,209,211 SHARES
COMMON STOCK
The selling stockholders listed on pages 19-21 are offering for resale 5,209,211 shares of our common stock under this prospectus.
Our common stock is listed on the Nasdaq National Market under the symbol "LIFC". On September 5, 2001, the closing price of the common stock on the Nasdaq National Market was $2.15 per share.
--------------------------------------------------------------------------------
THE SHARES OF COMMON STOCK OFFERED OR SOLD UNDER THIS PROSPECTUS INVOLVE A
HIGH DEGREE OF RISK. SEE "RISK FACTORS" BEGINNING ON PAGE 4.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
--------------------------------------------------------------------------------
The date of this prospectus is September 6, 2001.
--------------------------------------------------------------------------------
TABLE OF CONTENTS
PAGE
----
The Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Risk Factors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Special Note Regarding Forward-Looking Statements . . . . . . . . . . . . . 15
Where You Can Find More Information . . . . . . . . . . . . . . . . . . . . 16
Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Selling Stockholders. . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Plan of Distribution. . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
-2-
--------------------------------------------------------------------------------
THIS SUMMARY HIGHLIGHTS SELECTED INFORMATION ABOUT US. IT MAY NOT CONTAIN
ALL OF THE INFORMATION THAT YOU FIND IMPORTANT. YOU SHOULD CAREFULLY READ THIS
ENTIRE DOCUMENT, INCLUDING THE ``RISK FACTORS`` AND OUR FINANCIAL STATEMENTS AND
THEIR RELATED NOTES INCORPORATED BY REFERENCE.
THE COMPANY
LifeCell Corporation develops and markets biologic solutions for the repair, replacement and preservation of human tissue. Our core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. We currently market three human tissue products based on this technology:
- AlloDerm(R) for plastic reconstructive, burn and periodontal procedures;
- Cymetra(TM), a version of AlloDerm(R) in particulate form for the correction of soft tissue defects; and - Repliform(TM), a version of AlloDerm(R) for urology and gynecology procedures.
Our development programs include the application of our technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken from the patient, investigation of potential orthopedic applications of our technology, investigation of human tissue as carriers for therapeutics, ThromboSol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
We were incorporated in the State of Delaware in 1992 as the successor to a Delaware corporation that was incorporated in 1986. Our address is 1 Millennium Way, Branchburg, New Jersey 08876 and our phone number is (908) 947-1100.
-3-
--------------------------------------------------------------------------------
RISK FACTORS
You should carefully consider these risk factors in addition to our financial statements. In addition to the following risks, there may also be risks that we do not yet know of or that we currently think are immaterial that may also impair our business operations. If any of the following risks occur, our business, financial condition or operating results could be adversely affected, the trading price of our common stock could decline and you might lose all or part of your investment.
WE HAVE A HISTORY OF OPERATING LOSSES AND A SUBSTANTIAL ACCUMULATED EARNINGS DEFICIT AND WE MAY CONTINUE TO INCUR LOSSES.
Since our inception in 1986, we have generated only limited revenues from product sales and have incurred substantial net losses of approximately:
- $7.3 million for the year ended December 31, 1998;
- $9.2 million for the year ended December 31, 1999;
- $7.1 million for the year ended December 31, 2000; and
- $2.0 million for the six months ended June 30, 2001.
At June 30, 2001, we had an accumulated deficit of approximately $64.4 million. We expect to incur additional operating losses as well as negative cash flow from operations in the short term as we continue to expand our marketing efforts with respect to our current products and to continue our product development programs. Our ability to increase revenues and achieve profitability and positive cash flows from operations will depend on:
- increased market acceptance and sales of AlloDerm, Repliform and Cymetra; and
- commercialization of products under development.
We may not achieve profitability and positive cash flows from operations.
WE MAY NEED ADDITIONAL CAPITAL TO MARKET OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS AND IT IS UNCERTAIN WHETHER SUCH CAPITAL WILL BE AVAILABLE.
We intend to expend funds for:
- product research and development;
- expansion of sales and marketing activities;
-4-
--------------------------------------------------------------------------------
- product education efforts; and
- other working capital and general corporate purposes, including potential acquisitions of complementary technologies or products.
We may need additional capital, depending on:
- the costs and progress of our research and development efforts;
- the number and types of product development programs undertaken;
- the costs and timing of expansion of sales and marketing activities;
- the costs and timing of expansion of manufacturing capacity;
- the amount of revenues from our existing and new products;
- changes in, termination of, and the success of existing and new distribution arrangements;
- the cost of maintaining, enforcing and defending patents and other intellectual property rights;
- competing technological and market developments; and
- developments related to regulatory and third party reimbursement matters.
We have no commitments for any future funding and there can be no assurance that we will be able to obtain additional financing in the future from either debt or equity financings, bank loans, collaborative arrangements or other sources on terms acceptable to us, or at all. If adequate funds are not available, we expect that we will be required to delay, scale back or eliminate one or more of our product development programs. Any additional equity financing may be dilutive to stockholders, and debt financing, if available, may involve significant restrictive covenants. Collaborative arrangements, if necessary to raise additional funds, may require us to relinquish our rights to certain of our technologies, products or marketing territories.
IF THE UNITED STATED FOOD AND DRUG ADMINISTRATION (THE "FDA") IMPOSES MEDICAL DEVICE OR OTHER REGULATIONS THAT AFFECT OUR PRODUCTS, THE COSTS OF DEVELOPING, MANUFACTURING AND MARKETING OUR PRODUCTS WILL BE INCREASED.
The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices or biologics usually must undergo a lengthy, uncertain and expensive approval process. In 1996, the FDA determined
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that AlloDerm used for the repair or replacement of damaged or inadequate integumental tissue (i.e. "tissue lining the surface of the body or a body cavity") would be regulated as transplanted human tissue. On that basis, we continued commercial distribution of this product for plastic reconstructive, burn and periodontal surgery. In its decision with respect to the regulation of AlloDerm, the FDA stated that the regulatory status of any different uses, such as a void filler for soft tissue, for cosmetic augmentation procedures or as a wound healing agent, would need to be determined on a case-by-case basis.
In 1999, we began marketing the following products as human tissue:
- Repliform, a version of AlloDerm, for urological and gynecological surgical procedures; and
- Cymetra, a version of AlloDerm in a particulate form, for non-surgical correction of soft tissue defects.
Repliform is used as a bladder sling for the treatment of urinary incontinence and for the repair of pelvic floor defects. Cymetra is used for the correction of soft tissue deficits, such as acne or other depressed scars, and to restore tissue loss from disease. In November 2000, the FDA wrote to us and requested detailed information about Repliform and Cymetra, including copies of existing labeling and advertising, a description of product composition and processing, and other information supporting our belief that each of these products is human tissue. In February 2001, we provided a detailed submission responding to the FDA`s request. In June 2001, we received a letter from the FDA indicating that each of these products, as currently marketed, meet the definition of transplanted human tissue.
We cannot assure that products we develop in the future will similarly be regulated as human tissue. The regulation of each new product we develop will be decided by the FDA on a case-by-case basis. If the FDA chooses to regulate any of our future products as a medical device or biologic, the process of obtaining FDA approval would be expensive, lengthy and unpredictable. We anticipate that it could take from one to three years or longer to obtain such approval. We do not know if such approval could be obtained in a timely fashion, or at all. Such approval process would almost certainly include a requirement to provide extensive supporting clinical data.
In addition, the FDA requires that devices and biologics be produced in accordance with the Quality System Regulation for medical devices or Good Manufacturing Practice regulation for biologics.
As a result, our manufacturing and compliance costs would increase and our device and biologic products would be subject to more comprehensive development, testing, monitoring and validation standards.
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A few states impose their own regulatory requirements on transplanted human tissue. We believe that we are in compliance with such regulations. There can be no assurance that the various states in which our products are sold will not impose additional regulatory requirements or marketing impediments on our products.
THE FDA CAN IMPOSE CIVIL AND CRIMINAL ENFORCEMENT ACTIONS AND OTHER PENALTIES ON US IF WE FAIL TO COMPLY WITH THE STRINGENT FDA REGULATIONS AT OUR TISSUE FACILITIES.
Failure to comply with any applicable FDA requirements could result in civil and criminal enforcement actions and other fines and penalties that would increase our expenses and adversely affect our cash flows. Tissue establishments must engage in:
- donor screening and infectious disease testing; and
- stringent record keeping.
As a result, our involvement in the processing and distribution of human tissue requires us to ensure that proper donor screening and infectious disease testing are done appropriately and conducted under strict procedures. In addition, we must maintain records, which are available for FDA inspectors documenting that the procedures were followed. The FDA has authority to conduct inspections of tissue establishments and to detain, recall, or destroy tissue if the procedures were not followed or appropriate documentation is not available.
The FDA has issued proposed rules that would impose additional donor suitability and Current Good Tissue Practice requirements on manufacturers of tissue-based products. If these or similar requirements actually become law, we will likely incur additional manufacturing and compliance costs for our tissue-based products, including AlloDerm, Repliform and Cymetra.
Labeling and promotional activities are also subject to scrutiny by the FDA and, in certain instances, by the Federal Trade Commission. From time to time, the FDA may modify such requirements, imposing additional or different requirements which may require us to alter our business methods.
THE NATIONAL ORGAN TRANSPLANT ACT COULD BE INTERPRETED IN A WAY THAT COULD REDUCE OUR REVENUES AND PROFITABILITY.
Procurement of certain human organs and tissue for transplantation is subject to the restrictions of National Organ Transplant Act, which prohibits the acquisition of certain human organs, including skin and related tissue for valuable consideration, but permits the payment of reasonable expenses associated with the procurement, transportation, processing, preservation, quality control and storage of human tissue, including skin. We reimburse tissue banks for expenses incurred that are associated with the recovering and transportation of donated human skin that we process into AlloDerm, Repliform, Cymetra and allograft skin as a temporary wound dressing. In addition to
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amounts paid to tissue banks to reimburse them for their expenses associated with the procurement and transportation of human skin, we include in our pricing structure certain costs associated with:
- processing;
- preservation;
- quality control and storage of the tissue; and
- marketing and medical education expenses.
National Organ Transplant Act payment allowances may be interpreted to limit the amount of costs and expenses that we may recover in our pricing for our products thereby negatively impacting our revenues and profitability. We also are potentially subject to enforcement sanctions if we are found to have violated the National Organ Transplant Act`s prohibition on the sale of human tissue.
WE ARE SUBJECT TO VARYING AND EXTENSIVE REGULATION BY FOREIGN GOVERNMENTS WHICH CAN BE COSTLY, TIME CONSUMING AND SUBJECT US TO UNANTICIPATED DELAYS.
We distribute some of our products in countries outside the United States. The regulation of our products in these countries varies. Certain countries regulate our products as a pharmaceutical product, requiring us to make extensive filings and obtain regulatory approvals before selling our product. Certain countries classify our products as transplant tissue but may restrict its import or sale. Other countries have no applicable regulations regarding the import or sale of products similar to our products, creating uncertainty as to what standards we may be required to meet.
The uncertainty of the regulations in each country may delay or impede the marketing of our products in these countries in the future or impede our ability to negotiate distribution arrangements on favorable terms. Certain foreign countries have laws similar to National Organ Transplant Act. These laws may restrict the amount that we can charge for our products and may restrict our ability to export or distribute our products to licensed not-for-profit organizations in those countries. Noncompliance with foreign country requirements may include some or all of the risks associated with noncompliance with FDA regulation as well as other risks.
INCREASING OUR REVENUES AND ACHIEVING PROFITABILITY WILL DEPEND ON OUR ABILITY TO INCREASE MARKET PENETRATION OF OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS.
Much of our ability to increase revenues and to achieve profitability and positive cash flows from operations will depend on:
- expanding the use and market penetration of our current products; and
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- the successful introduction of our products in development.
Products based on our technologies represent new methods of treatment. Physicians will not use our products unless they determine that the clinical benefits to the patient are greater than those available from competing products or therapies. Even if the advantage of our products is established as clinically significant, physicians may not elect to use such products for any number of reasons.
Consequently, physicians, health care payers and patients may not accept our current products or products under development. Broad market acceptance of our products may require the training of numerous physicians and clinicians, as well as conducting or sponsoring clinical studies to demonstrate the benefits of such products. The amount of time required to complete such training and studies could result in a delay or dampening of such market acceptance. Moreover, health care payers` approval of reimbursement for our products in development may be an important factor in establishing market acceptance.
We may be required to undertake time-consuming and costly development activities and seek regulatory clearance or approval for new products. Although we have conducted animal studies on many of our products under development which indicate that the product may be feasible for a particular application, results obtained from expanded studies may not be consistent with earlier trial results or be sufficient for us to obtain any required regulatory approvals or clearances. The completion of the development of any of our products under development remains subject to all the risks associated with the commercialization of new products based on innovative technologies, including:
- unanticipated technical or other problems;
- manufacturing difficulties; and
- the possibility of insufficient funds for the completion of such development.
WE ARE HIGHLY DEPENDENT UPON SALES OF OUR PRODUCTS THROUGH BOSTON SCIENTIFIC, OMP INC. AND DISTRIBUTORS TO GENERATE OUR REVENUES.
We have engaged:
- Boston Scientific Corporation as our exclusive worldwide sales and marketing representative for Repliform for use in the urology and gynecology markets; and
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- OMP Inc. as the exclusive sales and marketing representative of Cymetra for office-based dermatologists and plastic surgeons.
Additionally, we have granted distributors exclusive distribution rights and may grant additional distribution rights in the future. For the year ended December 31, 2000 and for the six month period ended June 30, 2001, sales of our products through Boston Scientific Corporation, OMP Inc. and our distributors represented approximately 28%, 13% and 6% and 35%, 9% and 10% respectively, of our total product revenues. We expect sales of our products through our marketing agents and distributors to continue to increase as a percentage of total revenues. If an exclusive marketing agent, such as Boston Scientific Corporation or OMP Inc., or a distributor fails to adequately promote, market and sell our products, our revenues could be adversely affected until a replacement agent or distributor could be retained by us. Finding replacement agents and distributors could be a time consuming process during which our revenues could be negatively impacted.
WE DEPEND HEAVILY UPON A LIMITED NUMBER OF SOURCES OF HUMAN TISSUE AND ANY INTERRUPTION IN THE AVAILABILITY OF HUMAN TISSUE WOULD INTERFERE WITH OUR ABILITY TO PROCESS AND DISTRIBUTE OUR PRODUCTS.
Our business is dependent on the availability of donated human tissue. We currently receive human tissue from approximately 20 United States tissue banks. We estimate that there are at least 100 tissue banks in the United States. Although we have established what we believe to be adequate sources of donated human tissue to satisfy the expected demand for our products in the foreseeable future, we cannot be sure that donated human tissue will continue to be available at current levels or will be sufficient to meet our needs. If our current sources can no longer supply human tissue or our requirements for human tissue exceed their current capacity, we may not be able to locate other sources. Any significant interruption in the availability of human tissue would likely cause us to slow down the processing and distribution of our products.
NEGATIVE PUBLICITY CONCERNING THE USE OF DONATED HUMAN TISSUE IN RECONSTRUCTIVE COSMETIC PROCEDURES COULD REDUCE THE DEMAND FOR OUR PRODUCTS AND MAY NEGATIVELY IMPACT THE SUPPLY OF AVAILABLE DONOR TISSUE.
Although we do not promote the use of our products for cosmetic applications, clinicians may use our products in applications or procedures that may be considered "cosmetic." Negative publicity concerning the use of donated human tissue in cosmetic procedures could reduce the demand for our products or negatively impact the willingness of families of potential donors to agree to donate tissue or tissue banks to provide tissue to us for processing.
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THE BIOMEDICAL FIELD WHICH WE ARE IN IS HIGHLY COMPETITIVE AND SUSCEPTIBLE TO RAPID CHANGE AND SUCH CHANGES COULD RENDER OUR PRODUCTS OBSOLETE.
The biomedical field is undergoing rapid and significant technological change. Our success depends upon our ability to develop and commercialize efficient and effective products based on our technologies. There are many companies, including Regeneration Technologies, Inc., Collagenesis, Inc., Cook, Inc. and its affiliates, Cryolife, Inc., Organogenesis, Inc., Advance Tissue Sciences, Inc. and Integra Life Sciences Holdings Corporation, and academic institutions, including Rice University, The University of Pittsburgh and Georgia Institute of Technology, that are capable of developing products based on similar technology. Some or all of these competitors have developed and are capable of developing products based on other technologies, which are or may be competitive with our products. Many of these companies and academic institutions are well-established, and have substantially greater financial and other resources, research and development capabilities and more experience in conducting clinical trials, obtaining regulatory approvals, manufacturing and marketing than we do. These companies and academic institutions may succeed in developing competing products that are more effective than our products, or that receive government approvals more quickly than our products, which may render our products or technology uncompetitive, uneconomical or obsolete.
THE ABILITY TO OBTAIN THIRD-PARTY REIMBURSEMENT FOR THE COSTS OF NEW MEDICAL TECHNOLOGIES IS LIMITED.
Generally, hospitals, physicians and other health care providers purchase products, such as the products being sold or developed by us, for use in providing care to their patients. These parties typically rely on third-party payers, including:
- Medicare;
- Medicaid;
- private health insurance; and
- managed care plans
to reimburse all or part of the costs of acquiring those products and costs associated with the medical procedures performed with those products. Third-party payers have adopted cost control measures in recent years that have had and may continue to have a significant effect on the purchasing practices of many health care providers, generally causing them to be more selective in the purchase of medical products. Significant uncertainty exists as to the reimbursement status of newly approved health care products. We believe that certain third-party payers provide reimbursement for medical procedures at a specified rate without additional reimbursement for products, such as those being sold or developed by us, used in such procedures. Adequate third-party
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payer reimbursement may not be available for us to maintain price levels sufficient for realization of an appropriate return on our investment in developing new products. The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices usually require such approval. Certain government and other third-party payers refuse, in some cases, to provide any coverage for uses of products for indications for which the FDA has not granted marketing approval. Further, certain of our products are used in medical procedures that typically are not covered by third-party payers or for which patients sometimes do not obtain coverage. These and future changes in third-party payer reimbursement practices regarding the procedures performed with our products could adversely affect the market acceptance of our products.
OUR SUCCESS DEPENDS ON THE SCOPE OF OUR INTELLECTUAL PROPERTY RIGHTS AND NOT INFRINGING THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS. THE VALIDITY, ENFORCEABILITY AND COMMERCIAL VALUE OF THESE RIGHTS ARE HIGHLY UNCERTAIN.
Our ability to compete effectively with other companies is materially dependent upon the proprietary nature of our technologies. We rely primarily on patents and trade secrets to protect our technologies. We currently license:
- the exclusive right to nine United States patents and related foreign patents; and
- non-exclusive rights to 14 patents.
In addition, we:
- have been issued one United States design patent and five United States utility patents; and
- have seven United States patent applications pending.
Third parties may seek to challenge, invalidate, circumvent or render unenforceable any patents or proprietary rights owned by or licensed to us based on, among other things:
- subsequently discovered prior art;
- lack of entitlement to the priority of an earlier, related application; or
- failure to comply with the written description, best mode, enablement or other applicable requirements.
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In general, the patent position of biotechnology and medical product firms is highly uncertain, still evolving and involves complex legal, scientific and factual questions. We are at risk that:
- other patents may be granted with respect to the patent applications filed by us; and
- any patents issued or licensed to us may not provide commercial benefit to us or will be infringed, invalidated or circumvented by others.
The United States Patent and Trademark Office currently has a significant backlog of patent applications, and the approval or rejection of patents may take several years. Prior to actual issuance, the contents of United States patent applications are generally not made public. Once issued, such a patent would constitute prior art from its filing date, which might predate the date of a patent application on which we rely. Conceivably, the issuance of such a prior art patent, or the discovery of "prior art" of which we are currently unaware, could invalidate a patent of ours or our licensor or prevent commercialization of a product claimed thereby.
Although we generally conduct a cursory review of issued patents prior to engaging in research or development activities, we may be required to obtain a license from others to commercialize any of our new products under development. If patents that cover our existing or new products are issued to other companies, there can be no assurance that any necessary license could be obtained on favorable terms or at all.
There can be no assurance that we will not be required to resort to litigation to protect our patented technologies or other proprietary rights or that we will not be the subject of additional patent litigation to defend our existing or proposed products or processes against claims of patent infringement or other intellectual property claims. Any of such litigation could result in substantial costs and diversion of our resources.
We also have applied for patent protection in several foreign countries. Because of the differences in patent laws and laws concerning proprietary rights, the extent of protection provided by United States patents or proprietary rights owned by or licensed to us may differ from that of their foreign counterparts.
We may decide for business reasons to retain certain knowledge that we consider proprietary as confidential and elect to protect such information as a trade secret, as business confidential information or as know-how. In that event, we must rely upon trade secrets, know-how and continuing technological innovation to maintain our competitive position. There can be no assurance that others will not independently develop substantially equivalent proprietary information or otherwise gain access to or disclose such information.
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WE ARE EXPOSED TO PRODUCT LIABILITY CLAIMS FOR WHICH OUR PRODUCT LIABILITY INSURANCE MAY BE INADEQUATE.
Our business exposes us to potential product liability risks inherent in the testing, manufacturing and marketing of medical products. We cannot be certain that:
- our insurance will provide adequate coverage against potential liabilities;
- adequate product liability insurance will continue to be available in the future; or
- our insurance can be maintained on acceptable terms.
The obligation to pay any product liability claim in excess of whatever insurance we are able to acquire would increase our expenses.
We use donated human tissue as the raw material for our products. The non-profit organizations that supply such tissue are required to follow FDA regulations for screening donors for potential disease transmission. Such procedures include donor testing for certain viruses, including HIV. Our manufacturing process also has been demonstrated to inactivate concentrated suspensions of HIV. While we believe such procedures are adequate to reduce the threat of disease transmission, there can be no assurance that:
- our products will not be associated with transmission of disease; or
- a patient otherwise infected with disease would not erroneously assert a claim that the use of our products resulted in the disease transmission.
Any such transmission or alleged transmission could have a material adverse effect on our ability to manufacture or market our products and could result in litigation.
OUR FAILURE TO COMPLY WITH REGULATIONS REGARDING DISPOSAL OF HAZARDOUS MATERIALS COULD RESULT IN THE IMPOSITION OF PENALTIES, FINES OR SANCTIONS.
Our research and development and processing techniques generate waste that is classified as hazardous by the United States Environmental Protection Agency and the New Jersey Natural Resources Commission. We segregate such waste and dispose of it through licensed hazardous waste transporters. Although we believe we are currently in compliance in all material respects with applicable environmental regulations, our failure to comply fully with any such regulations could result in the imposition of penalties, fines or sanctions.
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WE ARE A PARTY OF PENDING LITIGATION AND THE COST OF DEFENSE OR AN ADVERSE OUTCOME COULD NEGATIVELY IMPACT OUR RESULTS OF OPERATIONS OR LIQUIDITY AND FINANCIAL RESOURCES.
We are a party to litigation in the Superior Court of California, Los Angeles County, Central District, captioned Regner, et al., on behalf of themselves and others similarly situated, v. Inland Eye & Tissue Bank of Redlands, et al. The complaint alleges among other things, defendants, including us, make profits from the storing, processing, and distribution of human tissue in contravention of California law. We are also a party to litigation in the Superior Court of California, Los Angeles County, Central District, captioned Thacker, et al., on behalf of themselves and others similarly situated, v. Inland Eye & Tissue Bank of Redlands, et al. This complaint contains similar allegations to the Renger complaint. These actions are not denominated class actions and do not involve tort theories.
Both actions were brought under a statute that allows individuals to sue on behalf of the people of California for unfair business practices, with the court having the power to award injunctive relief and disgorgement of all profits from the alleged illegal practices. The plaintiffs in each of the actions are seeking injunctive relief, disgorgement of illegal profits, restitution, statutory penalties, fines and attorney`s fees. We intend to vigorously defend such actions, which we believe are without merit.
Litigation is subject to many uncertainties and management is unable to predict the outcome of the pending actions. It is possible that the results of operations or liquidity and capital resources of the Company could be adversely affected by the ultimate outcome of the pending litigation or as a result of the costs of contesting such actions.
FUTURE SALES OF OUR COMMON STOCK MAY DEPRESS OUR STOCK PRICE.
Sales of a substantial number of shares of our common stock in the public market could cause a reduction in the market price of our common stock. We had 19,834,368 shares of common stock issued and outstanding as of August 23, 2001. As of that date, all of those shares were eligible for sale under Rule 144 or are otherwise freely tradeable, including the 5,209,211 shares registered for resale under this prospectus. In addition, 8,309,549 options and warrants were outstanding as of August 23, 2001, including warrants to purchase shares being registered herein. As of August 23, 2001, 7,214,637 of those stock options and warrants are vested and the remainder will vest within the next five years. We also have 100,232 shares of Series B preferred stock issued and outstanding as of August 23, 2001, which are convertible, at the option of the holders or automatically, in certain instances, into 3,541,798 shares of our common stock. We may also issue additional shares in connection with our business and may grant additional stock options to our employees, officers, directors and consultants under our stock option plan.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
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Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "anticipate," "estimate" and similar words, although some forward-looking statements are expressed differently. Forward-looking statements represent our management`s judgment regarding future events. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. All statements other than statements of historical fact included in this prospectus regarding our financial position, business strategy, products, products under development and clinical trials, markets, budgets, plans, or objectives for future operations are forward-looking statements. We cannot guarantee the accuracy of the forward-looking statements, and you should be aware that our actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including the statements under "Risk Factors" set forth above.
WHERE YOU CAN FIND MORE INFORMATION
We are subject to the information requirements of the Exchange Act. We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC. You may read and copy any document we file at the SEC`s public reference rooms at the following locations:
- Main Public Reference Room Judiciary Plaza Building 450 Fifth Street, N.W.
Washington, D.C. 20549
- Regional Public Reference Room 75 Park Place, 14th Floor New York, New York 10007
You may obtain information on the operation of the SEC`s public reference rooms by calling 1-800-SEC-0330. We are required to file these documents with the SEC electronically. You can access the electronic versions of these filings at the SEC`s website, located at www.sec.gov.
This prospectus is part of a registration statement that we filed with the SEC. The registration statement contains more information than this prospectus regarding LifeCell and its common stock, including certain exhibits. You can get a copy of the registration statement from the SEC at the address listed above or from its web site.
The SEC allows us to "incorporate" into this prospectus information we file with it in other documents. This means that we can disclose important information to you by referring to other documents that contain that information. The information incorporated by reference is considered to be part of this prospectus, and information we file later with the SEC will automatically update and supersede this information. For further information about the Company and our common stock, you should refer to the registration
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statement and the following documents which we are incorporating by reference except to the extent information in those documents is different from the information contained in this prospectus:
- Our Annual Report on Form 10-K for the year ended December 31, 2000, filed with the SEC on March 30, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, filed with the SEC on May 15, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed with the SEC on August 13, 2001;
- Our Current Reports on Form 8-K filed with the SEC on July 2, 2001 and July 11, 2001;
- Our definitive Proxy Statement for our 2001 Annual Meeting of Stockholders on Schedule 14A filed with the SEC on April 26, 2001;
- The description of our common stock set forth in our registration statement on Form 8-A filed pursuant to Section 12 of the Exchange Act and declared effective by the SEC on February 27, 1992 and any amendment or report filed for the purpose of updating such description; and
- All documents we file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act after the date of this prospectus until we terminate the offering of these shares.
We will provide without charge to each person, including any beneficial owner of common stock to whom this prospectus is delivered, upon written or oral request of such person, a copy of any and all of the documents that have been incorporated by reference in this prospectus (not including exhibits to such documents unless such exhibits are specifically incorporated by reference therein). Requests for such copies should be directed to: LifeCell Corporation, 1 Millennium Way, Branchburg, NJ 08876, Attention: Secretary (telephone (908) 947-1106).
You should rely only on the information contained or incorporated by reference in this document. We have not authorized anyone to provide you with information that is different. The common stock is not being offered in any state where the offer is not permitted. You should not assume that the information in this prospectus is accurate as of any date other than the date on the front of this prospectus.
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USE OF PROCEEDS
We will not receive any of the proceeds from the sale of the common stock by the selling stockholders named in this prospectus. All proceeds from the sale of the common stock will be paid directly to the selling stockholders. We may receive proceeds from the exercise of the warrants. If all of the warrants exercisable for shares of common stock being registered in this offering are exercised, we could receive net proceeds of up to approximately $4.76 million. The holders of the warrants are not obligated to exercise the warrants and we cannot assure that the holders of the warrants will choose to exercise all or any of the warrants. The warrants contain a cashless exercise provision. If the holders of the warrants elect the cashless exercise provision, we will not receive any proceeds from the exercise of the warrants.
We intend to use the estimated net proceeds received upon exercise of the warrants, if any, for working capital and general corporate purposes.
SELLING STOCKHOLDERS
The shares are being registered to permit public secondary trading of the shares, and the selling stockholders, or their pledgees, donees, transferees or other successors-in interest, may offer all or any portion of the shares for resale from time to time. See "Plan of Distribution."
We have filed with the Commission under the Securities Act a registration statement on Form S-3, of which this prospectus forms a part, relating to the resale of the shares. We have agreed to pay expenses in connection with the registration and sale of the shares being offered by the selling stockholders. See "Plan of Distribution."
2001 Private Placement
In June 2001, we and the selling stockholders entered into a series of securities purchase agreements under which we sold an aggregate of 3,125,000 shares of our common stock along with warrants to purchase an additional 1,750,000 shares of our common stock at an exercise price of $1.92 per share to such selling stockholders in a private placement. In consideration for the issuance of the common stock and warrants, the selling stockholders paid us an aggregate of $6,000,000 in cash. We agreed to register the shares of common stock purchased by such selling stockholders as a condition to the purchase of such shares of common stock.
Prudential and Gruntal
In September 2000, we entered into a series of purchase agreement under which we sold an aggregate of 2,500,000 shares of our common stock to certain investors, with Prudential Vector HealthCare Group, a division of Prudential Securities Incorporated, and Gruntal & Co., L.L.C. acting as placement agents. In connection with that private placement, Prudential Vector HealthCare Group and Gruntal & Co., L.L.C. each received fees in the amount of $325,000 for acting as placement agents. In addition, under the terms of the engagement,
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each received warrants to purchase 125,000 shares of our common stock. In May 2001, Prudential transferred its warrants to VSI Advisors, L.L.C. We are registering the shares of common stock issuable upon the exercise of the warrants at the request of VSI Advisors and Gruntal pursuant to registration rights contained in the warrant.
Transamerica
In December 1999, we entered into a loan and security agreement with Transamerica Business Credit Corporation pursuant to which we were extended a term loan and a revolving credit loan in the aggregate amount of $5.5 million. Under the terms of the agreement, Transamerica received a loan fee in the amount of $60,000 and warrants to purchase 84,211 shares of our common stock. We are registering the shares of common stock issuable upon the exercise of the warrants at the request of Transamerica pursuant to registration rights contained in the warrant.
Based on information provided by the selling stockholders, the following table lists:
- the name of the selling stockholders;
- the number of shares of common stock beneficially owned before the commencement of the offering;
- the number of shares of common stock offered for resale in this offering; and
- the number of shares and percentage of common stock owned after this offering, assuming the sale of all shares offered in this offering by each selling stockholder.
Number of
Shares of Common stock beneficially
Common owned after the offering
Stock ------------------------
Selling Beneficially Shares Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
-------------------------- ------------ -------------- ----------- -----------
Caduceus Private 2,512,833 2,512,833 0 0
Investments, L.P.
OrbiMed Assoicates, LLC 52,306 52,306 0 0
PW Juniper Crossover 1,091,111 1,091,111 0 0
Fund, L.L.C.
Special Situations Fund 1,473,975(1) 609,375 864,600 4.4
III, L.P.
Special Situations Private 1,109,388(1) 402,188 707,200 3.6
Equity Fund, L.P.
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Number of
Shares of Common stock beneficially
Common owned after the offering
Stock ------------------------
Selling Beneficially Shares Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
-------------------------- ------------ -------------- ----------- -----------
Special Situations 497,187(1) 207,187 290,000 1.5
Cayman Fund, L.P.
VSI Advisors, L.L.C. 125,000 125,000 0 0
Gruntal & Co., L.L.C. 261,040(2) 125,000 136,040 0.7
TBCC Funding Trust II 84,211 84,211 0 0
_____________________
* Less than 1%
(1) Includes shares of common stock purchased in a private placement in
September 2000 which shares have been previously registered for resale
by us.
(2) Includes shares issuable upon the exercise of warrants acquired
pursuant to the issuance of our Series B Preferred Stock in November
1996 which shares have been previously registered by us.
PLAN OF DISTRIBUTION
The selling stockholders, their pledgees, donees, transferees or other successors-in-interest may from time to time, sell all or a portion of the shares in privately negotiated transactions or otherwise, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices related to these market prices or at negotiated prices.
The selling stockholders may sell the shares by one or more of the following methods:
- a block trade in which the broker or dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;
- purchases by a broker or dealer as principal and resale by such broker or dealer for its account pursuant to this prospectus;
- an exchange distribution in accordance with the rules of the applicable exchange;
- ordinary brokerage transactions and transactions in which the broker solicits purchasers;
- privately negotiated transactions;
- short sales;
- a combination of any such methods of sale; and
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- any other method permitted pursuant to applicable law.
The selling stockholders are not restricted as to the price or prices at which they may sell their shares. Sales of shares by the selling stockholders may depress the market price of our common stock since the number of shares which may be sold by the selling stockholders is relatively large compared to the historical average weekly trading of our common stock. Accordingly, if the selling stockholders were to sell, or attempt to sell, all of such shares at once or during a short time period, we believe such transactions could adversely affect the market price of our common stock.
From time to time the selling stockholders may engage in short sales, short sales against the box, puts and calls and other transactions in our securities or derivatives of our securities, and can sell and deliver the shares in connection with any of these transactions or in settlement of securities loans. From time to time the selling stockholders may pledge their shares under margin provisions of their customer agreements with their brokers. Upon a default by the selling stockholders, the broker may offer and sell the pledged shares from time to time.
In effecting sales, brokers and dealers engaged by the selling stockholders may arrange for other brokers or dealers to participate in the sale. Brokers or dealers may receive commissions or discounts from the selling stockholders or, if the broker-dealer acts as agent for the purchaser of such shares, from the purchaser in amounts to be negotiated. Broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share, and to the extent the broker-dealer is unable to do so acting as agent for the selling stockholders, to purchase as principal any unsold shares at the price required to fulfill the broker-dealer commitment to the selling stockholders. Broker-dealers who acquire shares as principal may then resell those shares from time to time in transactions:
- in the over-the counter market or otherwise;
- at prices and on terms then prevailing at the time of sale;
- at prices then related to the then-current market price; or
- in negotiated transactions.
These resales may involve block transactions or sales to and through other broker-dealers, including any of the transactions described above. In connection with these sales, these broker-dealers may pay to or receive from the purchasers of those shares commissions as described above. The selling stockholders may also sell the shares under Rule 144 under the Securities Act, rather than under this prospectus.
The selling stockholders and any broker-dealers or agents that participate with the selling stockholders in sales of the shares may be deemed to be "underwriters" within the meaning of the Securities Act in connection with these
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sales. In this event, any commissions received by these broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. Because selling stockholders may be deemed to be "underwriters" within the meaning of the Securities Act, the selling stockholders will be subject to the prospectus delivery requirements of the Securities Act.
We are required to pay all fees and expenses incident to the registration of the shares. We have agreed to indemnify the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act. The selling stockholders may agree to indemnify any agent, dealer or broker-dealer that participates in transactions involving sales of the shares against certain liabilities, including liabilities arising under the Securities Act. The selling stockholders will be required to pay commissions and brokerage expenses on their sales, if any.
At the time a particular offer of shares is made, to the extent required, a supplement to this prospectus will be distributed which will identify and set forth the following:
- the names of the selling stockholders;
- the number of shares being sold;
- the price;
- commissions being paid;
- that there has been no investigation by broker-dealer; and
- any other facts material to the transaction.
The selling stockholders are subject to applicable provisions of the Exchange Act and the Commission`s rules and regulations, including Regulation M, which provisions may limit the timing of purchases and sales of the shares by the selling stockholders. We will make copies of this prospectus available to the selling stockholders and have informed them of the need to deliver copies of this prospectus to purchasers at or prior to the time of any sale of the shares.
In order to comply with certain states` securities laws, if applicable, the selling stockholders may sell the shares in those jurisdictions only through registered or licensed brokers or dealers. In certain states the selling stockholders may not sell the shares unless the shares have been registered or qualified for sale in such state, or unless an exemption from registration or qualification is available and is obtained.
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LEGAL MATTERS
The validity of the securities offered hereby have been passed upon for us by Lowenstein Sandler PC, Roseland, New Jersey.
EXPERTS
The financial statements incorporated by reference in this prospectus and elsewhere in the registration statement have been audited by Arthur Andersen LLP, independent public accountants, as indicated in their reports with respect thereto, and are included herein in reliance upon the authority of said firm as experts in accounting and auditing in giving said report.
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Prospective investors may rely only on the information contained in this prospectus. LifeCell Corporation has not authorized anyone to provide prospective investors with information different from that contained in this prospectus. This prospectus is not an offer to sell nor is it seeking an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is correct only as of the date of this prospectus, regardless of the time of the delivery of this prospectus or any sale of these securities.
LIFECELL CORPORATION
5,209,211 SHARES OF COMMON STOCK
PROSPECTUS
September 6, 2001
So was ist ja kaum positiv zu sehen, und müßte den Kurs kurz und mittelfristig unter Druck bringen. Verstehen kann ich die Verkäufer allerdings nicht. Die letzten Zahlen von Lifecell waren super. Die Analysten Zahlen wurden nicht verfehlt wie an der Nasdaq veröffentlicht, sondern um 1 Cent pro Aktie übertroffen. (Die Nasdaq hatte eine ältere Prognose von Gruntal nicht aktualisiert.) Die Erreichung der Gewinnschwelle sollte in den nächsten beiden Quartalen gelingen. Das KUV auf den Zahlen von 2000 von 1,59 beim Kurs von 2,15$ ist wirklich sehr niedrig.(Erwartetes Umsatzwachstum 2001 30%) Ich jedenfalls bleibe long auf Lifecell und hoffe das die Fonds mit ihrer Entscheidung zu 100% falsch liegen.
Wie ist eure Meinung?
Eurer Kubrick
Fonds und Investmenthäuser bieten 5.209.211 Aktien von Lifecell zum Verkauf an. Hier ist das "SEC Fillings" von der Nasdaq.
LIFECELL CORPORATION
5,209,211 SHARES
COMMON STOCK
The selling stockholders listed on pages 19-21 are offering for resale 5,209,211 shares of our common stock under this prospectus.
Our common stock is listed on the Nasdaq National Market under the symbol "LIFC". On September 5, 2001, the closing price of the common stock on the Nasdaq National Market was $2.15 per share.
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THE SHARES OF COMMON STOCK OFFERED OR SOLD UNDER THIS PROSPECTUS INVOLVE A
HIGH DEGREE OF RISK. SEE "RISK FACTORS" BEGINNING ON PAGE 4.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
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The date of this prospectus is September 6, 2001.
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TABLE OF CONTENTS
PAGE
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The Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Risk Factors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Special Note Regarding Forward-Looking Statements . . . . . . . . . . . . . 15
Where You Can Find More Information . . . . . . . . . . . . . . . . . . . . 16
Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Selling Stockholders. . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Plan of Distribution. . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
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THIS SUMMARY HIGHLIGHTS SELECTED INFORMATION ABOUT US. IT MAY NOT CONTAIN
ALL OF THE INFORMATION THAT YOU FIND IMPORTANT. YOU SHOULD CAREFULLY READ THIS
ENTIRE DOCUMENT, INCLUDING THE ``RISK FACTORS`` AND OUR FINANCIAL STATEMENTS AND
THEIR RELATED NOTES INCORPORATED BY REFERENCE.
THE COMPANY
LifeCell Corporation develops and markets biologic solutions for the repair, replacement and preservation of human tissue. Our core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. We currently market three human tissue products based on this technology:
- AlloDerm(R) for plastic reconstructive, burn and periodontal procedures;
- Cymetra(TM), a version of AlloDerm(R) in particulate form for the correction of soft tissue defects; and - Repliform(TM), a version of AlloDerm(R) for urology and gynecology procedures.
Our development programs include the application of our technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken from the patient, investigation of potential orthopedic applications of our technology, investigation of human tissue as carriers for therapeutics, ThromboSol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
We were incorporated in the State of Delaware in 1992 as the successor to a Delaware corporation that was incorporated in 1986. Our address is 1 Millennium Way, Branchburg, New Jersey 08876 and our phone number is (908) 947-1100.
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RISK FACTORS
You should carefully consider these risk factors in addition to our financial statements. In addition to the following risks, there may also be risks that we do not yet know of or that we currently think are immaterial that may also impair our business operations. If any of the following risks occur, our business, financial condition or operating results could be adversely affected, the trading price of our common stock could decline and you might lose all or part of your investment.
WE HAVE A HISTORY OF OPERATING LOSSES AND A SUBSTANTIAL ACCUMULATED EARNINGS DEFICIT AND WE MAY CONTINUE TO INCUR LOSSES.
Since our inception in 1986, we have generated only limited revenues from product sales and have incurred substantial net losses of approximately:
- $7.3 million for the year ended December 31, 1998;
- $9.2 million for the year ended December 31, 1999;
- $7.1 million for the year ended December 31, 2000; and
- $2.0 million for the six months ended June 30, 2001.
At June 30, 2001, we had an accumulated deficit of approximately $64.4 million. We expect to incur additional operating losses as well as negative cash flow from operations in the short term as we continue to expand our marketing efforts with respect to our current products and to continue our product development programs. Our ability to increase revenues and achieve profitability and positive cash flows from operations will depend on:
- increased market acceptance and sales of AlloDerm, Repliform and Cymetra; and
- commercialization of products under development.
We may not achieve profitability and positive cash flows from operations.
WE MAY NEED ADDITIONAL CAPITAL TO MARKET OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS AND IT IS UNCERTAIN WHETHER SUCH CAPITAL WILL BE AVAILABLE.
We intend to expend funds for:
- product research and development;
- expansion of sales and marketing activities;
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- product education efforts; and
- other working capital and general corporate purposes, including potential acquisitions of complementary technologies or products.
We may need additional capital, depending on:
- the costs and progress of our research and development efforts;
- the number and types of product development programs undertaken;
- the costs and timing of expansion of sales and marketing activities;
- the costs and timing of expansion of manufacturing capacity;
- the amount of revenues from our existing and new products;
- changes in, termination of, and the success of existing and new distribution arrangements;
- the cost of maintaining, enforcing and defending patents and other intellectual property rights;
- competing technological and market developments; and
- developments related to regulatory and third party reimbursement matters.
We have no commitments for any future funding and there can be no assurance that we will be able to obtain additional financing in the future from either debt or equity financings, bank loans, collaborative arrangements or other sources on terms acceptable to us, or at all. If adequate funds are not available, we expect that we will be required to delay, scale back or eliminate one or more of our product development programs. Any additional equity financing may be dilutive to stockholders, and debt financing, if available, may involve significant restrictive covenants. Collaborative arrangements, if necessary to raise additional funds, may require us to relinquish our rights to certain of our technologies, products or marketing territories.
IF THE UNITED STATED FOOD AND DRUG ADMINISTRATION (THE "FDA") IMPOSES MEDICAL DEVICE OR OTHER REGULATIONS THAT AFFECT OUR PRODUCTS, THE COSTS OF DEVELOPING, MANUFACTURING AND MARKETING OUR PRODUCTS WILL BE INCREASED.
The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices or biologics usually must undergo a lengthy, uncertain and expensive approval process. In 1996, the FDA determined
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that AlloDerm used for the repair or replacement of damaged or inadequate integumental tissue (i.e. "tissue lining the surface of the body or a body cavity") would be regulated as transplanted human tissue. On that basis, we continued commercial distribution of this product for plastic reconstructive, burn and periodontal surgery. In its decision with respect to the regulation of AlloDerm, the FDA stated that the regulatory status of any different uses, such as a void filler for soft tissue, for cosmetic augmentation procedures or as a wound healing agent, would need to be determined on a case-by-case basis.
In 1999, we began marketing the following products as human tissue:
- Repliform, a version of AlloDerm, for urological and gynecological surgical procedures; and
- Cymetra, a version of AlloDerm in a particulate form, for non-surgical correction of soft tissue defects.
Repliform is used as a bladder sling for the treatment of urinary incontinence and for the repair of pelvic floor defects. Cymetra is used for the correction of soft tissue deficits, such as acne or other depressed scars, and to restore tissue loss from disease. In November 2000, the FDA wrote to us and requested detailed information about Repliform and Cymetra, including copies of existing labeling and advertising, a description of product composition and processing, and other information supporting our belief that each of these products is human tissue. In February 2001, we provided a detailed submission responding to the FDA`s request. In June 2001, we received a letter from the FDA indicating that each of these products, as currently marketed, meet the definition of transplanted human tissue.
We cannot assure that products we develop in the future will similarly be regulated as human tissue. The regulation of each new product we develop will be decided by the FDA on a case-by-case basis. If the FDA chooses to regulate any of our future products as a medical device or biologic, the process of obtaining FDA approval would be expensive, lengthy and unpredictable. We anticipate that it could take from one to three years or longer to obtain such approval. We do not know if such approval could be obtained in a timely fashion, or at all. Such approval process would almost certainly include a requirement to provide extensive supporting clinical data.
In addition, the FDA requires that devices and biologics be produced in accordance with the Quality System Regulation for medical devices or Good Manufacturing Practice regulation for biologics.
As a result, our manufacturing and compliance costs would increase and our device and biologic products would be subject to more comprehensive development, testing, monitoring and validation standards.
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A few states impose their own regulatory requirements on transplanted human tissue. We believe that we are in compliance with such regulations. There can be no assurance that the various states in which our products are sold will not impose additional regulatory requirements or marketing impediments on our products.
THE FDA CAN IMPOSE CIVIL AND CRIMINAL ENFORCEMENT ACTIONS AND OTHER PENALTIES ON US IF WE FAIL TO COMPLY WITH THE STRINGENT FDA REGULATIONS AT OUR TISSUE FACILITIES.
Failure to comply with any applicable FDA requirements could result in civil and criminal enforcement actions and other fines and penalties that would increase our expenses and adversely affect our cash flows. Tissue establishments must engage in:
- donor screening and infectious disease testing; and
- stringent record keeping.
As a result, our involvement in the processing and distribution of human tissue requires us to ensure that proper donor screening and infectious disease testing are done appropriately and conducted under strict procedures. In addition, we must maintain records, which are available for FDA inspectors documenting that the procedures were followed. The FDA has authority to conduct inspections of tissue establishments and to detain, recall, or destroy tissue if the procedures were not followed or appropriate documentation is not available.
The FDA has issued proposed rules that would impose additional donor suitability and Current Good Tissue Practice requirements on manufacturers of tissue-based products. If these or similar requirements actually become law, we will likely incur additional manufacturing and compliance costs for our tissue-based products, including AlloDerm, Repliform and Cymetra.
Labeling and promotional activities are also subject to scrutiny by the FDA and, in certain instances, by the Federal Trade Commission. From time to time, the FDA may modify such requirements, imposing additional or different requirements which may require us to alter our business methods.
THE NATIONAL ORGAN TRANSPLANT ACT COULD BE INTERPRETED IN A WAY THAT COULD REDUCE OUR REVENUES AND PROFITABILITY.
Procurement of certain human organs and tissue for transplantation is subject to the restrictions of National Organ Transplant Act, which prohibits the acquisition of certain human organs, including skin and related tissue for valuable consideration, but permits the payment of reasonable expenses associated with the procurement, transportation, processing, preservation, quality control and storage of human tissue, including skin. We reimburse tissue banks for expenses incurred that are associated with the recovering and transportation of donated human skin that we process into AlloDerm, Repliform, Cymetra and allograft skin as a temporary wound dressing. In addition to
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amounts paid to tissue banks to reimburse them for their expenses associated with the procurement and transportation of human skin, we include in our pricing structure certain costs associated with:
- processing;
- preservation;
- quality control and storage of the tissue; and
- marketing and medical education expenses.
National Organ Transplant Act payment allowances may be interpreted to limit the amount of costs and expenses that we may recover in our pricing for our products thereby negatively impacting our revenues and profitability. We also are potentially subject to enforcement sanctions if we are found to have violated the National Organ Transplant Act`s prohibition on the sale of human tissue.
WE ARE SUBJECT TO VARYING AND EXTENSIVE REGULATION BY FOREIGN GOVERNMENTS WHICH CAN BE COSTLY, TIME CONSUMING AND SUBJECT US TO UNANTICIPATED DELAYS.
We distribute some of our products in countries outside the United States. The regulation of our products in these countries varies. Certain countries regulate our products as a pharmaceutical product, requiring us to make extensive filings and obtain regulatory approvals before selling our product. Certain countries classify our products as transplant tissue but may restrict its import or sale. Other countries have no applicable regulations regarding the import or sale of products similar to our products, creating uncertainty as to what standards we may be required to meet.
The uncertainty of the regulations in each country may delay or impede the marketing of our products in these countries in the future or impede our ability to negotiate distribution arrangements on favorable terms. Certain foreign countries have laws similar to National Organ Transplant Act. These laws may restrict the amount that we can charge for our products and may restrict our ability to export or distribute our products to licensed not-for-profit organizations in those countries. Noncompliance with foreign country requirements may include some or all of the risks associated with noncompliance with FDA regulation as well as other risks.
INCREASING OUR REVENUES AND ACHIEVING PROFITABILITY WILL DEPEND ON OUR ABILITY TO INCREASE MARKET PENETRATION OF OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS.
Much of our ability to increase revenues and to achieve profitability and positive cash flows from operations will depend on:
- expanding the use and market penetration of our current products; and
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- the successful introduction of our products in development.
Products based on our technologies represent new methods of treatment. Physicians will not use our products unless they determine that the clinical benefits to the patient are greater than those available from competing products or therapies. Even if the advantage of our products is established as clinically significant, physicians may not elect to use such products for any number of reasons.
Consequently, physicians, health care payers and patients may not accept our current products or products under development. Broad market acceptance of our products may require the training of numerous physicians and clinicians, as well as conducting or sponsoring clinical studies to demonstrate the benefits of such products. The amount of time required to complete such training and studies could result in a delay or dampening of such market acceptance. Moreover, health care payers` approval of reimbursement for our products in development may be an important factor in establishing market acceptance.
We may be required to undertake time-consuming and costly development activities and seek regulatory clearance or approval for new products. Although we have conducted animal studies on many of our products under development which indicate that the product may be feasible for a particular application, results obtained from expanded studies may not be consistent with earlier trial results or be sufficient for us to obtain any required regulatory approvals or clearances. The completion of the development of any of our products under development remains subject to all the risks associated with the commercialization of new products based on innovative technologies, including:
- unanticipated technical or other problems;
- manufacturing difficulties; and
- the possibility of insufficient funds for the completion of such development.
WE ARE HIGHLY DEPENDENT UPON SALES OF OUR PRODUCTS THROUGH BOSTON SCIENTIFIC, OMP INC. AND DISTRIBUTORS TO GENERATE OUR REVENUES.
We have engaged:
- Boston Scientific Corporation as our exclusive worldwide sales and marketing representative for Repliform for use in the urology and gynecology markets; and
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- OMP Inc. as the exclusive sales and marketing representative of Cymetra for office-based dermatologists and plastic surgeons.
Additionally, we have granted distributors exclusive distribution rights and may grant additional distribution rights in the future. For the year ended December 31, 2000 and for the six month period ended June 30, 2001, sales of our products through Boston Scientific Corporation, OMP Inc. and our distributors represented approximately 28%, 13% and 6% and 35%, 9% and 10% respectively, of our total product revenues. We expect sales of our products through our marketing agents and distributors to continue to increase as a percentage of total revenues. If an exclusive marketing agent, such as Boston Scientific Corporation or OMP Inc., or a distributor fails to adequately promote, market and sell our products, our revenues could be adversely affected until a replacement agent or distributor could be retained by us. Finding replacement agents and distributors could be a time consuming process during which our revenues could be negatively impacted.
WE DEPEND HEAVILY UPON A LIMITED NUMBER OF SOURCES OF HUMAN TISSUE AND ANY INTERRUPTION IN THE AVAILABILITY OF HUMAN TISSUE WOULD INTERFERE WITH OUR ABILITY TO PROCESS AND DISTRIBUTE OUR PRODUCTS.
Our business is dependent on the availability of donated human tissue. We currently receive human tissue from approximately 20 United States tissue banks. We estimate that there are at least 100 tissue banks in the United States. Although we have established what we believe to be adequate sources of donated human tissue to satisfy the expected demand for our products in the foreseeable future, we cannot be sure that donated human tissue will continue to be available at current levels or will be sufficient to meet our needs. If our current sources can no longer supply human tissue or our requirements for human tissue exceed their current capacity, we may not be able to locate other sources. Any significant interruption in the availability of human tissue would likely cause us to slow down the processing and distribution of our products.
NEGATIVE PUBLICITY CONCERNING THE USE OF DONATED HUMAN TISSUE IN RECONSTRUCTIVE COSMETIC PROCEDURES COULD REDUCE THE DEMAND FOR OUR PRODUCTS AND MAY NEGATIVELY IMPACT THE SUPPLY OF AVAILABLE DONOR TISSUE.
Although we do not promote the use of our products for cosmetic applications, clinicians may use our products in applications or procedures that may be considered "cosmetic." Negative publicity concerning the use of donated human tissue in cosmetic procedures could reduce the demand for our products or negatively impact the willingness of families of potential donors to agree to donate tissue or tissue banks to provide tissue to us for processing.
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THE BIOMEDICAL FIELD WHICH WE ARE IN IS HIGHLY COMPETITIVE AND SUSCEPTIBLE TO RAPID CHANGE AND SUCH CHANGES COULD RENDER OUR PRODUCTS OBSOLETE.
The biomedical field is undergoing rapid and significant technological change. Our success depends upon our ability to develop and commercialize efficient and effective products based on our technologies. There are many companies, including Regeneration Technologies, Inc., Collagenesis, Inc., Cook, Inc. and its affiliates, Cryolife, Inc., Organogenesis, Inc., Advance Tissue Sciences, Inc. and Integra Life Sciences Holdings Corporation, and academic institutions, including Rice University, The University of Pittsburgh and Georgia Institute of Technology, that are capable of developing products based on similar technology. Some or all of these competitors have developed and are capable of developing products based on other technologies, which are or may be competitive with our products. Many of these companies and academic institutions are well-established, and have substantially greater financial and other resources, research and development capabilities and more experience in conducting clinical trials, obtaining regulatory approvals, manufacturing and marketing than we do. These companies and academic institutions may succeed in developing competing products that are more effective than our products, or that receive government approvals more quickly than our products, which may render our products or technology uncompetitive, uneconomical or obsolete.
THE ABILITY TO OBTAIN THIRD-PARTY REIMBURSEMENT FOR THE COSTS OF NEW MEDICAL TECHNOLOGIES IS LIMITED.
Generally, hospitals, physicians and other health care providers purchase products, such as the products being sold or developed by us, for use in providing care to their patients. These parties typically rely on third-party payers, including:
- Medicare;
- Medicaid;
- private health insurance; and
- managed care plans
to reimburse all or part of the costs of acquiring those products and costs associated with the medical procedures performed with those products. Third-party payers have adopted cost control measures in recent years that have had and may continue to have a significant effect on the purchasing practices of many health care providers, generally causing them to be more selective in the purchase of medical products. Significant uncertainty exists as to the reimbursement status of newly approved health care products. We believe that certain third-party payers provide reimbursement for medical procedures at a specified rate without additional reimbursement for products, such as those being sold or developed by us, used in such procedures. Adequate third-party
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payer reimbursement may not be available for us to maintain price levels sufficient for realization of an appropriate return on our investment in developing new products. The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices usually require such approval. Certain government and other third-party payers refuse, in some cases, to provide any coverage for uses of products for indications for which the FDA has not granted marketing approval. Further, certain of our products are used in medical procedures that typically are not covered by third-party payers or for which patients sometimes do not obtain coverage. These and future changes in third-party payer reimbursement practices regarding the procedures performed with our products could adversely affect the market acceptance of our products.
OUR SUCCESS DEPENDS ON THE SCOPE OF OUR INTELLECTUAL PROPERTY RIGHTS AND NOT INFRINGING THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS. THE VALIDITY, ENFORCEABILITY AND COMMERCIAL VALUE OF THESE RIGHTS ARE HIGHLY UNCERTAIN.
Our ability to compete effectively with other companies is materially dependent upon the proprietary nature of our technologies. We rely primarily on patents and trade secrets to protect our technologies. We currently license:
- the exclusive right to nine United States patents and related foreign patents; and
- non-exclusive rights to 14 patents.
In addition, we:
- have been issued one United States design patent and five United States utility patents; and
- have seven United States patent applications pending.
Third parties may seek to challenge, invalidate, circumvent or render unenforceable any patents or proprietary rights owned by or licensed to us based on, among other things:
- subsequently discovered prior art;
- lack of entitlement to the priority of an earlier, related application; or
- failure to comply with the written description, best mode, enablement or other applicable requirements.
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In general, the patent position of biotechnology and medical product firms is highly uncertain, still evolving and involves complex legal, scientific and factual questions. We are at risk that:
- other patents may be granted with respect to the patent applications filed by us; and
- any patents issued or licensed to us may not provide commercial benefit to us or will be infringed, invalidated or circumvented by others.
The United States Patent and Trademark Office currently has a significant backlog of patent applications, and the approval or rejection of patents may take several years. Prior to actual issuance, the contents of United States patent applications are generally not made public. Once issued, such a patent would constitute prior art from its filing date, which might predate the date of a patent application on which we rely. Conceivably, the issuance of such a prior art patent, or the discovery of "prior art" of which we are currently unaware, could invalidate a patent of ours or our licensor or prevent commercialization of a product claimed thereby.
Although we generally conduct a cursory review of issued patents prior to engaging in research or development activities, we may be required to obtain a license from others to commercialize any of our new products under development. If patents that cover our existing or new products are issued to other companies, there can be no assurance that any necessary license could be obtained on favorable terms or at all.
There can be no assurance that we will not be required to resort to litigation to protect our patented technologies or other proprietary rights or that we will not be the subject of additional patent litigation to defend our existing or proposed products or processes against claims of patent infringement or other intellectual property claims. Any of such litigation could result in substantial costs and diversion of our resources.
We also have applied for patent protection in several foreign countries. Because of the differences in patent laws and laws concerning proprietary rights, the extent of protection provided by United States patents or proprietary rights owned by or licensed to us may differ from that of their foreign counterparts.
We may decide for business reasons to retain certain knowledge that we consider proprietary as confidential and elect to protect such information as a trade secret, as business confidential information or as know-how. In that event, we must rely upon trade secrets, know-how and continuing technological innovation to maintain our competitive position. There can be no assurance that others will not independently develop substantially equivalent proprietary information or otherwise gain access to or disclose such information.
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WE ARE EXPOSED TO PRODUCT LIABILITY CLAIMS FOR WHICH OUR PRODUCT LIABILITY INSURANCE MAY BE INADEQUATE.
Our business exposes us to potential product liability risks inherent in the testing, manufacturing and marketing of medical products. We cannot be certain that:
- our insurance will provide adequate coverage against potential liabilities;
- adequate product liability insurance will continue to be available in the future; or
- our insurance can be maintained on acceptable terms.
The obligation to pay any product liability claim in excess of whatever insurance we are able to acquire would increase our expenses.
We use donated human tissue as the raw material for our products. The non-profit organizations that supply such tissue are required to follow FDA regulations for screening donors for potential disease transmission. Such procedures include donor testing for certain viruses, including HIV. Our manufacturing process also has been demonstrated to inactivate concentrated suspensions of HIV. While we believe such procedures are adequate to reduce the threat of disease transmission, there can be no assurance that:
- our products will not be associated with transmission of disease; or
- a patient otherwise infected with disease would not erroneously assert a claim that the use of our products resulted in the disease transmission.
Any such transmission or alleged transmission could have a material adverse effect on our ability to manufacture or market our products and could result in litigation.
OUR FAILURE TO COMPLY WITH REGULATIONS REGARDING DISPOSAL OF HAZARDOUS MATERIALS COULD RESULT IN THE IMPOSITION OF PENALTIES, FINES OR SANCTIONS.
Our research and development and processing techniques generate waste that is classified as hazardous by the United States Environmental Protection Agency and the New Jersey Natural Resources Commission. We segregate such waste and dispose of it through licensed hazardous waste transporters. Although we believe we are currently in compliance in all material respects with applicable environmental regulations, our failure to comply fully with any such regulations could result in the imposition of penalties, fines or sanctions.
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WE ARE A PARTY OF PENDING LITIGATION AND THE COST OF DEFENSE OR AN ADVERSE OUTCOME COULD NEGATIVELY IMPACT OUR RESULTS OF OPERATIONS OR LIQUIDITY AND FINANCIAL RESOURCES.
We are a party to litigation in the Superior Court of California, Los Angeles County, Central District, captioned Regner, et al., on behalf of themselves and others similarly situated, v. Inland Eye & Tissue Bank of Redlands, et al. The complaint alleges among other things, defendants, including us, make profits from the storing, processing, and distribution of human tissue in contravention of California law. We are also a party to litigation in the Superior Court of California, Los Angeles County, Central District, captioned Thacker, et al., on behalf of themselves and others similarly situated, v. Inland Eye & Tissue Bank of Redlands, et al. This complaint contains similar allegations to the Renger complaint. These actions are not denominated class actions and do not involve tort theories.
Both actions were brought under a statute that allows individuals to sue on behalf of the people of California for unfair business practices, with the court having the power to award injunctive relief and disgorgement of all profits from the alleged illegal practices. The plaintiffs in each of the actions are seeking injunctive relief, disgorgement of illegal profits, restitution, statutory penalties, fines and attorney`s fees. We intend to vigorously defend such actions, which we believe are without merit.
Litigation is subject to many uncertainties and management is unable to predict the outcome of the pending actions. It is possible that the results of operations or liquidity and capital resources of the Company could be adversely affected by the ultimate outcome of the pending litigation or as a result of the costs of contesting such actions.
FUTURE SALES OF OUR COMMON STOCK MAY DEPRESS OUR STOCK PRICE.
Sales of a substantial number of shares of our common stock in the public market could cause a reduction in the market price of our common stock. We had 19,834,368 shares of common stock issued and outstanding as of August 23, 2001. As of that date, all of those shares were eligible for sale under Rule 144 or are otherwise freely tradeable, including the 5,209,211 shares registered for resale under this prospectus. In addition, 8,309,549 options and warrants were outstanding as of August 23, 2001, including warrants to purchase shares being registered herein. As of August 23, 2001, 7,214,637 of those stock options and warrants are vested and the remainder will vest within the next five years. We also have 100,232 shares of Series B preferred stock issued and outstanding as of August 23, 2001, which are convertible, at the option of the holders or automatically, in certain instances, into 3,541,798 shares of our common stock. We may also issue additional shares in connection with our business and may grant additional stock options to our employees, officers, directors and consultants under our stock option plan.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
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Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "anticipate," "estimate" and similar words, although some forward-looking statements are expressed differently. Forward-looking statements represent our management`s judgment regarding future events. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. All statements other than statements of historical fact included in this prospectus regarding our financial position, business strategy, products, products under development and clinical trials, markets, budgets, plans, or objectives for future operations are forward-looking statements. We cannot guarantee the accuracy of the forward-looking statements, and you should be aware that our actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including the statements under "Risk Factors" set forth above.
WHERE YOU CAN FIND MORE INFORMATION
We are subject to the information requirements of the Exchange Act. We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC. You may read and copy any document we file at the SEC`s public reference rooms at the following locations:
- Main Public Reference Room Judiciary Plaza Building 450 Fifth Street, N.W.
Washington, D.C. 20549
- Regional Public Reference Room 75 Park Place, 14th Floor New York, New York 10007
You may obtain information on the operation of the SEC`s public reference rooms by calling 1-800-SEC-0330. We are required to file these documents with the SEC electronically. You can access the electronic versions of these filings at the SEC`s website, located at www.sec.gov.
This prospectus is part of a registration statement that we filed with the SEC. The registration statement contains more information than this prospectus regarding LifeCell and its common stock, including certain exhibits. You can get a copy of the registration statement from the SEC at the address listed above or from its web site.
The SEC allows us to "incorporate" into this prospectus information we file with it in other documents. This means that we can disclose important information to you by referring to other documents that contain that information. The information incorporated by reference is considered to be part of this prospectus, and information we file later with the SEC will automatically update and supersede this information. For further information about the Company and our common stock, you should refer to the registration
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statement and the following documents which we are incorporating by reference except to the extent information in those documents is different from the information contained in this prospectus:
- Our Annual Report on Form 10-K for the year ended December 31, 2000, filed with the SEC on March 30, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, filed with the SEC on May 15, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed with the SEC on August 13, 2001;
- Our Current Reports on Form 8-K filed with the SEC on July 2, 2001 and July 11, 2001;
- Our definitive Proxy Statement for our 2001 Annual Meeting of Stockholders on Schedule 14A filed with the SEC on April 26, 2001;
- The description of our common stock set forth in our registration statement on Form 8-A filed pursuant to Section 12 of the Exchange Act and declared effective by the SEC on February 27, 1992 and any amendment or report filed for the purpose of updating such description; and
- All documents we file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act after the date of this prospectus until we terminate the offering of these shares.
We will provide without charge to each person, including any beneficial owner of common stock to whom this prospectus is delivered, upon written or oral request of such person, a copy of any and all of the documents that have been incorporated by reference in this prospectus (not including exhibits to such documents unless such exhibits are specifically incorporated by reference therein). Requests for such copies should be directed to: LifeCell Corporation, 1 Millennium Way, Branchburg, NJ 08876, Attention: Secretary (telephone (908) 947-1106).
You should rely only on the information contained or incorporated by reference in this document. We have not authorized anyone to provide you with information that is different. The common stock is not being offered in any state where the offer is not permitted. You should not assume that the information in this prospectus is accurate as of any date other than the date on the front of this prospectus.
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USE OF PROCEEDS
We will not receive any of the proceeds from the sale of the common stock by the selling stockholders named in this prospectus. All proceeds from the sale of the common stock will be paid directly to the selling stockholders. We may receive proceeds from the exercise of the warrants. If all of the warrants exercisable for shares of common stock being registered in this offering are exercised, we could receive net proceeds of up to approximately $4.76 million. The holders of the warrants are not obligated to exercise the warrants and we cannot assure that the holders of the warrants will choose to exercise all or any of the warrants. The warrants contain a cashless exercise provision. If the holders of the warrants elect the cashless exercise provision, we will not receive any proceeds from the exercise of the warrants.
We intend to use the estimated net proceeds received upon exercise of the warrants, if any, for working capital and general corporate purposes.
SELLING STOCKHOLDERS
The shares are being registered to permit public secondary trading of the shares, and the selling stockholders, or their pledgees, donees, transferees or other successors-in interest, may offer all or any portion of the shares for resale from time to time. See "Plan of Distribution."
We have filed with the Commission under the Securities Act a registration statement on Form S-3, of which this prospectus forms a part, relating to the resale of the shares. We have agreed to pay expenses in connection with the registration and sale of the shares being offered by the selling stockholders. See "Plan of Distribution."
2001 Private Placement
In June 2001, we and the selling stockholders entered into a series of securities purchase agreements under which we sold an aggregate of 3,125,000 shares of our common stock along with warrants to purchase an additional 1,750,000 shares of our common stock at an exercise price of $1.92 per share to such selling stockholders in a private placement. In consideration for the issuance of the common stock and warrants, the selling stockholders paid us an aggregate of $6,000,000 in cash. We agreed to register the shares of common stock purchased by such selling stockholders as a condition to the purchase of such shares of common stock.
Prudential and Gruntal
In September 2000, we entered into a series of purchase agreement under which we sold an aggregate of 2,500,000 shares of our common stock to certain investors, with Prudential Vector HealthCare Group, a division of Prudential Securities Incorporated, and Gruntal & Co., L.L.C. acting as placement agents. In connection with that private placement, Prudential Vector HealthCare Group and Gruntal & Co., L.L.C. each received fees in the amount of $325,000 for acting as placement agents. In addition, under the terms of the engagement,
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each received warrants to purchase 125,000 shares of our common stock. In May 2001, Prudential transferred its warrants to VSI Advisors, L.L.C. We are registering the shares of common stock issuable upon the exercise of the warrants at the request of VSI Advisors and Gruntal pursuant to registration rights contained in the warrant.
Transamerica
In December 1999, we entered into a loan and security agreement with Transamerica Business Credit Corporation pursuant to which we were extended a term loan and a revolving credit loan in the aggregate amount of $5.5 million. Under the terms of the agreement, Transamerica received a loan fee in the amount of $60,000 and warrants to purchase 84,211 shares of our common stock. We are registering the shares of common stock issuable upon the exercise of the warrants at the request of Transamerica pursuant to registration rights contained in the warrant.
Based on information provided by the selling stockholders, the following table lists:
- the name of the selling stockholders;
- the number of shares of common stock beneficially owned before the commencement of the offering;
- the number of shares of common stock offered for resale in this offering; and
- the number of shares and percentage of common stock owned after this offering, assuming the sale of all shares offered in this offering by each selling stockholder.
Number of
Shares of Common stock beneficially
Common owned after the offering
Stock ------------------------
Selling Beneficially Shares Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
-------------------------- ------------ -------------- ----------- -----------
Caduceus Private 2,512,833 2,512,833 0 0
Investments, L.P.
OrbiMed Assoicates, LLC 52,306 52,306 0 0
PW Juniper Crossover 1,091,111 1,091,111 0 0
Fund, L.L.C.
Special Situations Fund 1,473,975(1) 609,375 864,600 4.4
III, L.P.
Special Situations Private 1,109,388(1) 402,188 707,200 3.6
Equity Fund, L.P.
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Number of
Shares of Common stock beneficially
Common owned after the offering
Stock ------------------------
Selling Beneficially Shares Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
-------------------------- ------------ -------------- ----------- -----------
Special Situations 497,187(1) 207,187 290,000 1.5
Cayman Fund, L.P.
VSI Advisors, L.L.C. 125,000 125,000 0 0
Gruntal & Co., L.L.C. 261,040(2) 125,000 136,040 0.7
TBCC Funding Trust II 84,211 84,211 0 0
_____________________
* Less than 1%
(1) Includes shares of common stock purchased in a private placement in
September 2000 which shares have been previously registered for resale
by us.
(2) Includes shares issuable upon the exercise of warrants acquired
pursuant to the issuance of our Series B Preferred Stock in November
1996 which shares have been previously registered by us.
PLAN OF DISTRIBUTION
The selling stockholders, their pledgees, donees, transferees or other successors-in-interest may from time to time, sell all or a portion of the shares in privately negotiated transactions or otherwise, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices related to these market prices or at negotiated prices.
The selling stockholders may sell the shares by one or more of the following methods:
- a block trade in which the broker or dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;
- purchases by a broker or dealer as principal and resale by such broker or dealer for its account pursuant to this prospectus;
- an exchange distribution in accordance with the rules of the applicable exchange;
- ordinary brokerage transactions and transactions in which the broker solicits purchasers;
- privately negotiated transactions;
- short sales;
- a combination of any such methods of sale; and
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- any other method permitted pursuant to applicable law.
The selling stockholders are not restricted as to the price or prices at which they may sell their shares. Sales of shares by the selling stockholders may depress the market price of our common stock since the number of shares which may be sold by the selling stockholders is relatively large compared to the historical average weekly trading of our common stock. Accordingly, if the selling stockholders were to sell, or attempt to sell, all of such shares at once or during a short time period, we believe such transactions could adversely affect the market price of our common stock.
From time to time the selling stockholders may engage in short sales, short sales against the box, puts and calls and other transactions in our securities or derivatives of our securities, and can sell and deliver the shares in connection with any of these transactions or in settlement of securities loans. From time to time the selling stockholders may pledge their shares under margin provisions of their customer agreements with their brokers. Upon a default by the selling stockholders, the broker may offer and sell the pledged shares from time to time.
In effecting sales, brokers and dealers engaged by the selling stockholders may arrange for other brokers or dealers to participate in the sale. Brokers or dealers may receive commissions or discounts from the selling stockholders or, if the broker-dealer acts as agent for the purchaser of such shares, from the purchaser in amounts to be negotiated. Broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share, and to the extent the broker-dealer is unable to do so acting as agent for the selling stockholders, to purchase as principal any unsold shares at the price required to fulfill the broker-dealer commitment to the selling stockholders. Broker-dealers who acquire shares as principal may then resell those shares from time to time in transactions:
- in the over-the counter market or otherwise;
- at prices and on terms then prevailing at the time of sale;
- at prices then related to the then-current market price; or
- in negotiated transactions.
These resales may involve block transactions or sales to and through other broker-dealers, including any of the transactions described above. In connection with these sales, these broker-dealers may pay to or receive from the purchasers of those shares commissions as described above. The selling stockholders may also sell the shares under Rule 144 under the Securities Act, rather than under this prospectus.
The selling stockholders and any broker-dealers or agents that participate with the selling stockholders in sales of the shares may be deemed to be "underwriters" within the meaning of the Securities Act in connection with these
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sales. In this event, any commissions received by these broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. Because selling stockholders may be deemed to be "underwriters" within the meaning of the Securities Act, the selling stockholders will be subject to the prospectus delivery requirements of the Securities Act.
We are required to pay all fees and expenses incident to the registration of the shares. We have agreed to indemnify the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act. The selling stockholders may agree to indemnify any agent, dealer or broker-dealer that participates in transactions involving sales of the shares against certain liabilities, including liabilities arising under the Securities Act. The selling stockholders will be required to pay commissions and brokerage expenses on their sales, if any.
At the time a particular offer of shares is made, to the extent required, a supplement to this prospectus will be distributed which will identify and set forth the following:
- the names of the selling stockholders;
- the number of shares being sold;
- the price;
- commissions being paid;
- that there has been no investigation by broker-dealer; and
- any other facts material to the transaction.
The selling stockholders are subject to applicable provisions of the Exchange Act and the Commission`s rules and regulations, including Regulation M, which provisions may limit the timing of purchases and sales of the shares by the selling stockholders. We will make copies of this prospectus available to the selling stockholders and have informed them of the need to deliver copies of this prospectus to purchasers at or prior to the time of any sale of the shares.
In order to comply with certain states` securities laws, if applicable, the selling stockholders may sell the shares in those jurisdictions only through registered or licensed brokers or dealers. In certain states the selling stockholders may not sell the shares unless the shares have been registered or qualified for sale in such state, or unless an exemption from registration or qualification is available and is obtained.
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LEGAL MATTERS
The validity of the securities offered hereby have been passed upon for us by Lowenstein Sandler PC, Roseland, New Jersey.
EXPERTS
The financial statements incorporated by reference in this prospectus and elsewhere in the registration statement have been audited by Arthur Andersen LLP, independent public accountants, as indicated in their reports with respect thereto, and are included herein in reliance upon the authority of said firm as experts in accounting and auditing in giving said report.
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Prospective investors may rely only on the information contained in this prospectus. LifeCell Corporation has not authorized anyone to provide prospective investors with information different from that contained in this prospectus. This prospectus is not an offer to sell nor is it seeking an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is correct only as of the date of this prospectus, regardless of the time of the delivery of this prospectus or any sale of these securities.
LIFECELL CORPORATION
5,209,211 SHARES OF COMMON STOCK
PROSPECTUS
September 6, 2001
So was ist ja kaum positiv zu sehen, und müßte den Kurs kurz und mittelfristig unter Druck bringen. Verstehen kann ich die Verkäufer allerdings nicht. Die letzten Zahlen von Lifecell waren super. Die Analysten Zahlen wurden nicht verfehlt wie an der Nasdaq veröffentlicht, sondern um 1 Cent pro Aktie übertroffen. (Die Nasdaq hatte eine ältere Prognose von Gruntal nicht aktualisiert.) Die Erreichung der Gewinnschwelle sollte in den nächsten beiden Quartalen gelingen. Das KUV auf den Zahlen von 2000 von 1,59 beim Kurs von 2,15$ ist wirklich sehr niedrig.(Erwartetes Umsatzwachstum 2001 30%) Ich jedenfalls bleibe long auf Lifecell und hoffe das die Fonds mit ihrer Entscheidung zu 100% falsch liegen.
Wie ist eure Meinung?
Eurer Kubrick
Information alert for Doctors, Hospitals and Tissue Banks during this time of special need...
All of us at LifeCell are deeply saddened by the recent events in New York City, Washington, D.C., and southwestern Pennsylvania, and we extend our sympathies and condolences to all families touched by this tragedy.
LifeCell is committed to support those who have been injured by focusing its processing capabilities, procurement partnerships, and business resources on delivering tissue grafts needed for the treatment of burn and other trauma victims during this time of need.
This information is provided for Doctors / Hospitals requesting allograft tissue for treating patients and Tissue Banks sending allograft skin to LifeCell for processing.
16-Sep-01, 03:31 PM
Doctor and Hospital Information Page
Placing Orders
Our Customer Support Center is open Monday through Friday from 8:00am to 6:00pm at 1-800-367-5737. An on-call representative is available at all other times for emergency orders via pager at 1-800-224-6574. Please call our Customer Support Center to place orders, track shipments or request information about an order or our products.
Shipping Orders
During this period of air-shipping disruption, emergency orders and orders required for surgery will be shipped as Federal Express and local transportation schedules become reliable. Emergency surgery needing LifeCell`s allograft tissue within the Northeast U.S., should be discussed with our Customer Support Representative to schedule delivery. All orders placed for stocking purposes will be shipped beginning the week of September 17, 2001 in accordance with our normal shipping procedures.
Kubrick
All of us at LifeCell are deeply saddened by the recent events in New York City, Washington, D.C., and southwestern Pennsylvania, and we extend our sympathies and condolences to all families touched by this tragedy.
LifeCell is committed to support those who have been injured by focusing its processing capabilities, procurement partnerships, and business resources on delivering tissue grafts needed for the treatment of burn and other trauma victims during this time of need.
This information is provided for Doctors / Hospitals requesting allograft tissue for treating patients and Tissue Banks sending allograft skin to LifeCell for processing.
16-Sep-01, 03:31 PM
Doctor and Hospital Information Page
Placing Orders
Our Customer Support Center is open Monday through Friday from 8:00am to 6:00pm at 1-800-367-5737. An on-call representative is available at all other times for emergency orders via pager at 1-800-224-6574. Please call our Customer Support Center to place orders, track shipments or request information about an order or our products.
Shipping Orders
During this period of air-shipping disruption, emergency orders and orders required for surgery will be shipped as Federal Express and local transportation schedules become reliable. Emergency surgery needing LifeCell`s allograft tissue within the Northeast U.S., should be discussed with our Customer Support Representative to schedule delivery. All orders placed for stocking purposes will be shipped beginning the week of September 17, 2001 in accordance with our normal shipping procedures.
Kubrick
Lifcell Kursziel 1$
@all
Ich habe heute an Lifecell eine Anfrage, zu dem Klinischen Entwicklungsstand von Thrombosol geschickt. Außerdem habe Ich nach dem genauen Datum gefragt, an dem sie die Zahlen zum 3. Quartal veröffentlichen.
Ich bin mir nicht sicher ob Sie anworten da LIFC für ihre miserable I.R. Politik berüchtigt ist. Wenn ich eine Antwort erhalte werde ich sie direkt hier veröffentlichen.
@burna
das Kursziel für Lifecell heißt entweder 0$, wenn Sie nicht den break even schaffen. (halte ich persönlich für unwahrscheinlich)
oder aber ab dem nächsten Jahr >10$ (meine Meinung)
Gruß Kubrick
Ich habe heute an Lifecell eine Anfrage, zu dem Klinischen Entwicklungsstand von Thrombosol geschickt. Außerdem habe Ich nach dem genauen Datum gefragt, an dem sie die Zahlen zum 3. Quartal veröffentlichen.
Ich bin mir nicht sicher ob Sie anworten da LIFC für ihre miserable I.R. Politik berüchtigt ist. Wenn ich eine Antwort erhalte werde ich sie direkt hier veröffentlichen.
@burna
das Kursziel für Lifecell heißt entweder 0$, wenn Sie nicht den break even schaffen. (halte ich persönlich für unwahrscheinlich)
oder aber ab dem nächsten Jahr >10$ (meine Meinung)
Gruß Kubrick
Hallo Lifecellinvestoren,
damit es noch mal ein bisschen was zu lesen gibt, stelle ich mal eine recht dürftige und oberflächliche Analyse von dem Biotech-Report vom 27.07.01 hier rein.
BIOTECH-REPORT: LifeCell spekulativ kaufen
Datum: 27.07.2001
Für das Researchteam vom Biotech-Report ist die Aktie der LifeCell Corporation ein risikobehaftetes, aber aussichtsreiches Investment. (WKN 888910) Das kleine Unternehmen habe bereits drei Medikamente auf dem Markt. Eins davon werde bei Hauttransplantationen und -Verbrennungen eingesetzt, das Zweite zur Korrektur von Akne, Falten und Narben injiziert und das Dritte bei Inkontinenz gespritzt. Zudem habe LifeCell einige vielversprechende Präparate in der Pipeline. Im ersten Halbjahr 2001 habe LifeCell den Umsatz um 33% auf 14,2 Millionen US-Dollar gesteigert und damit die Analystenerwartungen geschlagen. Für das Gesamtjahr rechne das Researchteam mit Erlösen in Höhe von 34 Millionen US-Dollar. Im nächsten Jahr sollen rund 52 Millionen US-Dollar in den Büchern stehen. Zudem peile LifeCell in 2002 das Erreichen der Gewinnschwelle an. Mit Boston Scientific und BioHorizons habe die Gesellschaft starke Partner im Rücken. Zudem seien einige vielversprechende Produkte in der Pipeline. Daher sollten sich risikobewusste Anleger einige Aktien ins Depot legen, so die Analysten.
Interessanter dürfte es Anfang November werden, wenn die Zahlen zum 3. Quartal herauskommen. An der Nasdaq wird eine Analystenerwartung von -4 cent angegeben. Bei CNNBC stehen -3 cent. CNNBC hat glaube ich die korrekten Daten von Gruntal & Co.. Wenn es wegen des Flugverbotes keine größeren Probleme mit der Auslieferung gab, wird Lifecell wahrscheinlich die Erwartungen schlagen können.
Schöne Grüße
Kubrick
damit es noch mal ein bisschen was zu lesen gibt, stelle ich mal eine recht dürftige und oberflächliche Analyse von dem Biotech-Report vom 27.07.01 hier rein.
BIOTECH-REPORT: LifeCell spekulativ kaufen
Datum: 27.07.2001
Für das Researchteam vom Biotech-Report ist die Aktie der LifeCell Corporation ein risikobehaftetes, aber aussichtsreiches Investment. (WKN 888910) Das kleine Unternehmen habe bereits drei Medikamente auf dem Markt. Eins davon werde bei Hauttransplantationen und -Verbrennungen eingesetzt, das Zweite zur Korrektur von Akne, Falten und Narben injiziert und das Dritte bei Inkontinenz gespritzt. Zudem habe LifeCell einige vielversprechende Präparate in der Pipeline. Im ersten Halbjahr 2001 habe LifeCell den Umsatz um 33% auf 14,2 Millionen US-Dollar gesteigert und damit die Analystenerwartungen geschlagen. Für das Gesamtjahr rechne das Researchteam mit Erlösen in Höhe von 34 Millionen US-Dollar. Im nächsten Jahr sollen rund 52 Millionen US-Dollar in den Büchern stehen. Zudem peile LifeCell in 2002 das Erreichen der Gewinnschwelle an. Mit Boston Scientific und BioHorizons habe die Gesellschaft starke Partner im Rücken. Zudem seien einige vielversprechende Produkte in der Pipeline. Daher sollten sich risikobewusste Anleger einige Aktien ins Depot legen, so die Analysten.
Interessanter dürfte es Anfang November werden, wenn die Zahlen zum 3. Quartal herauskommen. An der Nasdaq wird eine Analystenerwartung von -4 cent angegeben. Bei CNNBC stehen -3 cent. CNNBC hat glaube ich die korrekten Daten von Gruntal & Co.. Wenn es wegen des Flugverbotes keine größeren Probleme mit der Auslieferung gab, wird Lifecell wahrscheinlich die Erwartungen schlagen können.
Schöne Grüße
Kubrick
@all
10:00 AM EST, Montag 22.10.01 Conference Call zum 3. Quartal. Hier ist der direkte link. http://www.videonewswire.com/event.asp?id=1496
Available approximately 2 hours after event ends. From October 22, 2001 through October 29, 2001
schöne Grüße
Kubrick
10:00 AM EST, Montag 22.10.01 Conference Call zum 3. Quartal. Hier ist der direkte link. http://www.videonewswire.com/event.asp?id=1496
Available approximately 2 hours after event ends. From October 22, 2001 through October 29, 2001
schöne Grüße
Kubrick
Here we are:
LifeCell Corporation Reports Third Quarter 2001 Results
Net Loss Decreased 88% Compared to Third Quarter 2000
BRANCHBURG, N.J., Oct. 22 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC - news)
today reported that its net loss for the third quarter of 2001 decreased 88% to $199,000 compared
to $1.6 million net loss in the third quarter ended September 30, 2000. The reduction in net loss
resulted principally from a reduction in operating expenses and the positive contribution from
increased product revenues. On a consecutive quarter basis, net loss decreased $458,000, or 70%,
compared with the second quarter ended June 30, 2001.
Total revenues for the third quarter of 2001 were $6.7 million, up 7% from $6.2 million reported in
the third quarter of 2000. Product revenues of $6.5 million were 9% above the $5.9 million reported
in the third quarter of 2000. This increase was largely due to higher revenues from Repliform(TM)
and AlloDerm® which was partly offset by lower Cymetra® revenues. On a consecutive quarter
basis, product revenues decreased $557,000, or 8%, compared with second quarter 2001 product
revenues. Revenues in the current quarter were negatively impacted by the Company`s inability to
ship products to its customers for several days following the tragic events of September 11, 2001.
Total revenues for the nine-month period ended September 30, 2001 were $20.9 million, up 23%
from the same nine-month period in 2000. Product revenues of $19.9 million were 26% above the
$15.7 million reported in the first nine months of 2000. This increase was largely due to higher
revenues from Repliform and AlloDerm. Net loss for the first nine months of 2001 decreased 56%
to $2.2 million compared to $5.0 million net loss in the same nine-month period in 2000.
The Company ended the quarter with cash and short-term investments of $5.4 million. During the
third quarter, the Company also reduced its short-term debt by $3.0 million. As previously
reported, in July 2001, the Company completed a $6.0 million private financing led by OrbiMed
Advisors LLC.
``Although I was disappointed with our product revenue in the third quarter, I continue to be
pleased with the turn around in our operating performance,`` commented Paul G. Thomas, LifeCell`s
Chairman, President and Chief Executive Officer. ``Continued revenue growth combined with the benefits realized through expense
reductions and operating efficiencies has significantly reduced our net loss and negative cash flow,`` he added. ``Based on our third
quarter results, we expect our full year 2001 product revenues to be approximately $27 million,`` stated Mr. Thomas.
As previously reported, a conference call will be hosted by Paul G. Thomas at 10:00 a.m. EST today (October 22, 2001) to discuss
these operating results and related matters. You may listen to the conference call by calling (800) 540-0559 and indicating access
code: LifeCell. The conference call will be recorded and a replay will be available through October 29, 2001 by dialing (800)
695-2122 and indicating access code: LifeCell.
A listen-only, live webcast of the conference call will be available at the following link:
http://www.videonewswire.com/event.asp?id=1496. If you are unable to listen during the live webcast, the call will be archived on
LifeCell`s web site http://www.LifeCell.com/financial.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing biologic
solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the
tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue
regeneration. LifeCell currently markets three human tissue products based on its technology: AlloDerm® for plastic reconstructive
and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra®, a
version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a
co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures,
through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include
the application of its core technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken
from the patient; investigation of potential orthopedic applications of its technology; investigation of human tissues as carriers for
therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood
cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, including the Company`s expectation for full year 2001 product revenues. Forward-looking statements
represent management`s judgment regarding future events. Although management believes that the expectations reflected in such
statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that
actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These
factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other
reports filed with the Securities and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
September 30, December 31,
2001 2000
Cash and cash equivalents
and short-term investments $5,376,000 $5,535,000
Working capital 8,695,000 5,330,000
Total assets 23,387,000 25,410,000
Total stockholders` equity 16,522,000 12,789,000
Three Months Ended Nine Months Ended
September 30, September 30,
2001 2000 2001 2000
Revenues:
Product revenues $6,454,000 $5,919,000 $19,889,000 $15,744,000
Research grant
revenues 200,000 316,000 987,000 1,169,000
Total revenues 6,654,000 6,235,000 20,876,000 16,913,000
Costs and Expenses:
Cost of products
sold 1,949,000 1,693,000 6,802,000 4,793,000
Research and
development 998,000 901,000 3,287,000 3,419,000
General and
administrative 937,000 1,673,000 3,277,000 4,516,000
Selling and
marketing 2,847,000 3,411,000 9,185,000 8,702,000
Total costs and
expenses 6,731,000 7,678,000 22,551,000 21,430,000
Loss from
Operations (77,000) (1,443,000) (1,675,000) (4,517,000)
Interest and other
expense, net (122,000) (206,000) (497,000) (437,000)
Net Loss $(199,000) $(1,649,000) $(2,172,000) $(4,954,000)
Loss per Common Share -
Basic and Diluted $(0.02) $(0.13) $(0.15) $(0.39)
Shares Used in Computing
Loss per Common Share -
Basic and Diluted 19,529,000 14,192,000 17,659,000 13,825,000
LifeCell Corporation Reports Third Quarter 2001 Results
Net Loss Decreased 88% Compared to Third Quarter 2000
BRANCHBURG, N.J., Oct. 22 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC - news)
today reported that its net loss for the third quarter of 2001 decreased 88% to $199,000 compared
to $1.6 million net loss in the third quarter ended September 30, 2000. The reduction in net loss
resulted principally from a reduction in operating expenses and the positive contribution from
increased product revenues. On a consecutive quarter basis, net loss decreased $458,000, or 70%,
compared with the second quarter ended June 30, 2001.
Total revenues for the third quarter of 2001 were $6.7 million, up 7% from $6.2 million reported in
the third quarter of 2000. Product revenues of $6.5 million were 9% above the $5.9 million reported
in the third quarter of 2000. This increase was largely due to higher revenues from Repliform(TM)
and AlloDerm® which was partly offset by lower Cymetra® revenues. On a consecutive quarter
basis, product revenues decreased $557,000, or 8%, compared with second quarter 2001 product
revenues. Revenues in the current quarter were negatively impacted by the Company`s inability to
ship products to its customers for several days following the tragic events of September 11, 2001.
Total revenues for the nine-month period ended September 30, 2001 were $20.9 million, up 23%
from the same nine-month period in 2000. Product revenues of $19.9 million were 26% above the
$15.7 million reported in the first nine months of 2000. This increase was largely due to higher
revenues from Repliform and AlloDerm. Net loss for the first nine months of 2001 decreased 56%
to $2.2 million compared to $5.0 million net loss in the same nine-month period in 2000.
The Company ended the quarter with cash and short-term investments of $5.4 million. During the
third quarter, the Company also reduced its short-term debt by $3.0 million. As previously
reported, in July 2001, the Company completed a $6.0 million private financing led by OrbiMed
Advisors LLC.
``Although I was disappointed with our product revenue in the third quarter, I continue to be
pleased with the turn around in our operating performance,`` commented Paul G. Thomas, LifeCell`s
Chairman, President and Chief Executive Officer. ``Continued revenue growth combined with the benefits realized through expense
reductions and operating efficiencies has significantly reduced our net loss and negative cash flow,`` he added. ``Based on our third
quarter results, we expect our full year 2001 product revenues to be approximately $27 million,`` stated Mr. Thomas.
As previously reported, a conference call will be hosted by Paul G. Thomas at 10:00 a.m. EST today (October 22, 2001) to discuss
these operating results and related matters. You may listen to the conference call by calling (800) 540-0559 and indicating access
code: LifeCell. The conference call will be recorded and a replay will be available through October 29, 2001 by dialing (800)
695-2122 and indicating access code: LifeCell.
A listen-only, live webcast of the conference call will be available at the following link:
http://www.videonewswire.com/event.asp?id=1496. If you are unable to listen during the live webcast, the call will be archived on
LifeCell`s web site http://www.LifeCell.com/financial.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing biologic
solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the
tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue
regeneration. LifeCell currently markets three human tissue products based on its technology: AlloDerm® for plastic reconstructive
and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra®, a
version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a
co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures,
through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include
the application of its core technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken
from the patient; investigation of potential orthopedic applications of its technology; investigation of human tissues as carriers for
therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood
cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, including the Company`s expectation for full year 2001 product revenues. Forward-looking statements
represent management`s judgment regarding future events. Although management believes that the expectations reflected in such
statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that
actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These
factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other
reports filed with the Securities and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
September 30, December 31,
2001 2000
Cash and cash equivalents
and short-term investments $5,376,000 $5,535,000
Working capital 8,695,000 5,330,000
Total assets 23,387,000 25,410,000
Total stockholders` equity 16,522,000 12,789,000
Three Months Ended Nine Months Ended
September 30, September 30,
2001 2000 2001 2000
Revenues:
Product revenues $6,454,000 $5,919,000 $19,889,000 $15,744,000
Research grant
revenues 200,000 316,000 987,000 1,169,000
Total revenues 6,654,000 6,235,000 20,876,000 16,913,000
Costs and Expenses:
Cost of products
sold 1,949,000 1,693,000 6,802,000 4,793,000
Research and
development 998,000 901,000 3,287,000 3,419,000
General and
administrative 937,000 1,673,000 3,277,000 4,516,000
Selling and
marketing 2,847,000 3,411,000 9,185,000 8,702,000
Total costs and
expenses 6,731,000 7,678,000 22,551,000 21,430,000
Loss from
Operations (77,000) (1,443,000) (1,675,000) (4,517,000)
Interest and other
expense, net (122,000) (206,000) (497,000) (437,000)
Net Loss $(199,000) $(1,649,000) $(2,172,000) $(4,954,000)
Loss per Common Share -
Basic and Diluted $(0.02) $(0.13) $(0.15) $(0.39)
Shares Used in Computing
Loss per Common Share -
Basic and Diluted 19,529,000 14,192,000 17,659,000 13,825,000
@all
Die Zahlen zum 3.Quartal haben die Erwartungen klar geschlagen. Der Operative Verlust in diesem Quartal beträgt nur noch $77.000. Der Netto Verlust $199.000. Das ergibt ein EPS von $-0.02. Der einzige Wehrmutstropfen bei den Zahlen ist ein Vergleich zum 2. Quartal geschrumpfter Umsatz den Lifecell aber plausibel erklärt: "Revenues in the current quarter were negatively impacted by the Company`s inability to ship products to its customers for several days following the tragic events of September 11, 2001."
Lifecell wird wohl im nächsten Quartal die Profitablität erreichen, und das hoffentlich mit wieder stark ansteigenden Umsätzen bei Alloderm u. Repliform. (Cymetra scheint leider nicht richtig einzuschlagen)
schöne Grüße
Kubrick
Die Zahlen zum 3.Quartal haben die Erwartungen klar geschlagen. Der Operative Verlust in diesem Quartal beträgt nur noch $77.000. Der Netto Verlust $199.000. Das ergibt ein EPS von $-0.02. Der einzige Wehrmutstropfen bei den Zahlen ist ein Vergleich zum 2. Quartal geschrumpfter Umsatz den Lifecell aber plausibel erklärt: "Revenues in the current quarter were negatively impacted by the Company`s inability to ship products to its customers for several days following the tragic events of September 11, 2001."
Lifecell wird wohl im nächsten Quartal die Profitablität erreichen, und das hoffentlich mit wieder stark ansteigenden Umsätzen bei Alloderm u. Repliform. (Cymetra scheint leider nicht richtig einzuschlagen)
schöne Grüße
Kubrick
News zu Lifecell!
LifeCell Receives Research Grant From the U.S. Army to Develop Vascular and Nerve Applications of the Company`s Tissue Processing Technology
BRANCHBURG, N.J., Oct. 24 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that it received final approval for a $2.1 million research grant from the Department of Defense, through the U.S. Army Medical Research Acquisition Activity, to investigate the application of its acellular tissue matrix technology to the regeneration of vascular and nerve tissues. LifeCell retains all rights to commercialize products resulting from this collaboration. "This grant allows us to accelerate our research and product development efforts while maintaining our goal of achieving positive operating income and cash flows," stated Paul G. Thomas, LifeCell`s Chairman, President and Chief Executive Officer.
The two-year program will support application of the Company`s tissue matrix technology beyond the well established tissue regeneration applications currently used clinically with AlloDerm(R), Repliform(TM) and Cymetra(TM). "We will assess the remodeling capabilities of specific acellular tissue matrices in vascular and nerve tissues to allow the regeneration of the patient`s tissue with full restoration of function," commented Stephen A. Livesey, MD, Ph.D., LifeCell`s Chief Science Officer.
"The development of an off-the-shelf small diameter vascular graft which could function as well as vessels taken from the patient would fundamentally change the approach to bypass surgery," said Dr. Bruce Rosengard, MD, a cardiothoracic surgeon from the University of Pennsylvania. "With the aging of America, repeat procedures are now common and the lack of available vessels is becoming a very significant challenge. LifeCell`s approach is innovative, has a sound technology base and directly addresses these issues," he added.
In Erwartung eine schwarzen Bilanz und neuen Produkten
Kubrick
LifeCell Receives Research Grant From the U.S. Army to Develop Vascular and Nerve Applications of the Company`s Tissue Processing Technology
BRANCHBURG, N.J., Oct. 24 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that it received final approval for a $2.1 million research grant from the Department of Defense, through the U.S. Army Medical Research Acquisition Activity, to investigate the application of its acellular tissue matrix technology to the regeneration of vascular and nerve tissues. LifeCell retains all rights to commercialize products resulting from this collaboration. "This grant allows us to accelerate our research and product development efforts while maintaining our goal of achieving positive operating income and cash flows," stated Paul G. Thomas, LifeCell`s Chairman, President and Chief Executive Officer.
The two-year program will support application of the Company`s tissue matrix technology beyond the well established tissue regeneration applications currently used clinically with AlloDerm(R), Repliform(TM) and Cymetra(TM). "We will assess the remodeling capabilities of specific acellular tissue matrices in vascular and nerve tissues to allow the regeneration of the patient`s tissue with full restoration of function," commented Stephen A. Livesey, MD, Ph.D., LifeCell`s Chief Science Officer.
"The development of an off-the-shelf small diameter vascular graft which could function as well as vessels taken from the patient would fundamentally change the approach to bypass surgery," said Dr. Bruce Rosengard, MD, a cardiothoracic surgeon from the University of Pennsylvania. "With the aging of America, repeat procedures are now common and the lack of available vessels is becoming a very significant challenge. LifeCell`s approach is innovative, has a sound technology base and directly addresses these issues," he added.
In Erwartung eine schwarzen Bilanz und neuen Produkten
Kubrick
Hier mal ein Kommentar aus dem Yahoo-Board, auf die Frage warum Lifecell unter $2 gehandelt wird.
Why it`s under $2...
by: toppedout2000
Long-Term Sentiment: Strong Buy 11/05/01 09:24 pm
Msg: 5086 of 5086
That is a good question. Lifc sells more product than two of its competitors, Org and Atis combined. Yet Lifc has only a $30 million market cap while Atis has a $325 million market cap, and Org has a $200 million market cap. It is clearly undervalued. One thing to think about, Iart, another artificial skin company traded at about 4 bucks a few years ago, it now trades at over $30! Lifc may soon be profitable or at least at breakeven, who knows when Org or Atis will turn a profit.
link zum Yahoo-Board: http://messages.yahoo.com/?action=q&board=lifc
Schönen Freitag
Kubrick
Why it`s under $2...
by: toppedout2000
Long-Term Sentiment: Strong Buy 11/05/01 09:24 pm
Msg: 5086 of 5086
That is a good question. Lifc sells more product than two of its competitors, Org and Atis combined. Yet Lifc has only a $30 million market cap while Atis has a $325 million market cap, and Org has a $200 million market cap. It is clearly undervalued. One thing to think about, Iart, another artificial skin company traded at about 4 bucks a few years ago, it now trades at over $30! Lifc may soon be profitable or at least at breakeven, who knows when Org or Atis will turn a profit.
link zum Yahoo-Board: http://messages.yahoo.com/?action=q&board=lifc
Schönen Freitag
Kubrick
@all
Hier ein Interview mit dem CEO von Lifecell, von der
http://www.videonewswire.com/techvest/webcast/102401.html
Werde Sonntag o. Montag mal reinhören und meine Meinung zu dem Interview schreiben.
Schöne Grüße
Kubrick
Hier ein Interview mit dem CEO von Lifecell, von der
http://www.videonewswire.com/techvest/webcast/102401.html
Werde Sonntag o. Montag mal reinhören und meine Meinung zu dem Interview schreiben.
Schöne Grüße
Kubrick
@all
Bin leider noch nicht dazu gekommen einen Übersetzung des Interviews mit Paul G. Thomas zu schreiben.
Am 27.11.01 dürfte es aber ein weitaus interessanteres Interview vom Herrn Thomas geben, dann nämlich wird ein Ausblick über die Zukunfts-Produkte von LIFC gegeben.
ADVERTISEMENT
Monday November 19, 4:37 pm Eastern Time
Press Release
SOURCE: LifeCell Corporation
LifeCell CEO to Present at The Robertson Stephens Medical Conference
BRANCHBURG, N.J., Nov. 19 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC - news) announced today that Paul G. Thomas, Chairman, President and Chief Executive Officer, will present at the Robertson Stephens Medical Conference on Tuesday, November 27th at 8:30am EST at The Pierre hotel in New York City.
Mr. Thomas will review the Company`s proprietary technology platform, current products as well as the outlook for future products and 2002 milestones. LifeCell recently announced final approval for a $2.1 million research grant from the Department of Defense, through the U.S. Army Medical Research Acquisition Activity, to investigate the application of its acellular tissue matrix technology to the regeneration of vascular and nerve tissues.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing biologic solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue products based on its technology: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its core technology to vascular, nerve and orthopedic tissues; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
schöne Woche
Kubrick
Bin leider noch nicht dazu gekommen einen Übersetzung des Interviews mit Paul G. Thomas zu schreiben.
Am 27.11.01 dürfte es aber ein weitaus interessanteres Interview vom Herrn Thomas geben, dann nämlich wird ein Ausblick über die Zukunfts-Produkte von LIFC gegeben.
ADVERTISEMENT
Monday November 19, 4:37 pm Eastern Time
Press Release
SOURCE: LifeCell Corporation
LifeCell CEO to Present at The Robertson Stephens Medical Conference
BRANCHBURG, N.J., Nov. 19 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC - news) announced today that Paul G. Thomas, Chairman, President and Chief Executive Officer, will present at the Robertson Stephens Medical Conference on Tuesday, November 27th at 8:30am EST at The Pierre hotel in New York City.
Mr. Thomas will review the Company`s proprietary technology platform, current products as well as the outlook for future products and 2002 milestones. LifeCell recently announced final approval for a $2.1 million research grant from the Department of Defense, through the U.S. Army Medical Research Acquisition Activity, to investigate the application of its acellular tissue matrix technology to the regeneration of vascular and nerve tissues.
LifeCell Corporation is a leader in the emerging field of regenerative medicine engaged in developing and marketing biologic solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue products based on its technology: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its core technology to vascular, nerve and orthopedic tissues; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
schöne Woche
Kubrick
Brechen heute bei außerordentlich hohen Umsatzvolumen nach oben aus. wer da wohl wieder mal mehr weiß???
MfG Pieselwitz!!
MfG Pieselwitz!!
Hi Pieselwitz,
schön mal hier wen anderes als mich selber zulesen.
Deine Frage habe Ich mir auch schon gestellt. Bei Lifecell steigen definitiv dicke Jungs ein. In den letzten zwei Monaten haben institutionelle Käufer über 5.5 Millionen Lifecell Aktien aufgekauft. Damit halten sie über 42% aller Lifecell Aktien!!!
Institutional
Total Number of Holders 23
Total Shares Held 8,464,119 42.67% of Shares Outstanding Total Value of Holdings $17,774,650
Number of Buys 7 Number of Shares Bought 5,506,650
Number of Sells 6 Number of Shares Sold 45,951
Number of New Buyers 4
Number of Shares Newly Acquired 4,713,400
Number of Closed Out Positions 6
Number of Shares Closed Out 45,951
http://www.nasdaq.com/asp/Holdings.asp?symbol=LIFC%60&select…
Ich bin sehr gespannt was der CEO von Lifecell am 27.11 zu berichten hat. Hoffe die big guys wissen mehr als wir.
schöne Grüße
Kubrick
schön mal hier wen anderes als mich selber zulesen.
Deine Frage habe Ich mir auch schon gestellt. Bei Lifecell steigen definitiv dicke Jungs ein. In den letzten zwei Monaten haben institutionelle Käufer über 5.5 Millionen Lifecell Aktien aufgekauft. Damit halten sie über 42% aller Lifecell Aktien!!!
Institutional
Total Number of Holders 23
Total Shares Held 8,464,119 42.67% of Shares Outstanding Total Value of Holdings $17,774,650
Number of Buys 7 Number of Shares Bought 5,506,650
Number of Sells 6 Number of Shares Sold 45,951
Number of New Buyers 4
Number of Shares Newly Acquired 4,713,400
Number of Closed Out Positions 6
Number of Shares Closed Out 45,951
http://www.nasdaq.com/asp/Holdings.asp?symbol=LIFC%60&select…
Ich bin sehr gespannt was der CEO von Lifecell am 27.11 zu berichten hat. Hoffe die big guys wissen mehr als wir.
schöne Grüße
Kubrick
Hi Kubrick,
na als investierter Anleger muß ich bei Auffälligkeiten ja auch mal meinen Senf dazu geben!
Lifecell hat sich in den letzten Tagen wirklich gut entwickelt und hatte gestern (was mir eben auffiel) ein für diesen Wert sehr hohes Umsatzvolumen!!
Aber die 2.60$ Marke scheint im Moment ein (noch) unüberwindbares Hindernis darzustellen, sind ja schon mehrmals von dort aus wieder nach unten abgeprallt :-(
Wäre suuper nett von Dir, wenn Du die News des CEO (27.11.) hier reinstellen würdest?!
Ach übrigens, Medical Strategy gibt in der November-Ausgabe für LIFC immer noch ein Kurziel von 12$ aus (Kauf unter 6$)!
Na dann mal los.....(geb jetzt noch ne` kleine Kauforder für Select Therapeutics auf)!!
Gruß Pieselwitz!!
na als investierter Anleger muß ich bei Auffälligkeiten ja auch mal meinen Senf dazu geben!
Lifecell hat sich in den letzten Tagen wirklich gut entwickelt und hatte gestern (was mir eben auffiel) ein für diesen Wert sehr hohes Umsatzvolumen!!
Aber die 2.60$ Marke scheint im Moment ein (noch) unüberwindbares Hindernis darzustellen, sind ja schon mehrmals von dort aus wieder nach unten abgeprallt :-(
Wäre suuper nett von Dir, wenn Du die News des CEO (27.11.) hier reinstellen würdest?!
Ach übrigens, Medical Strategy gibt in der November-Ausgabe für LIFC immer noch ein Kurziel von 12$ aus (Kauf unter 6$)!
Na dann mal los.....(geb jetzt noch ne` kleine Kauforder für Select Therapeutics auf)!!
Gruß Pieselwitz!!
Sers Leude,
zunächst mal nen Dank an Kubrick für die regelmäßigen Infos...bin seit knapp einem Jahr Lifeceller (nachdem ich mir meine jugendlichen Hörner kräftigst bei PCCW abgestoßen habe *fg*). Mich hat das Kozept der Firma damals schon überzeugt, auch die Zusammenarbeit mit der US-Regierung (Army) stimmten mich zuversichtlich... Hoffe das jetzt die fetten Jahre anbrechen ...
cu
PS to Kubrick ... mach weiter so...
zunächst mal nen Dank an Kubrick für die regelmäßigen Infos...bin seit knapp einem Jahr Lifeceller (nachdem ich mir meine jugendlichen Hörner kräftigst bei PCCW abgestoßen habe *fg*). Mich hat das Kozept der Firma damals schon überzeugt, auch die Zusammenarbeit mit der US-Regierung (Army) stimmten mich zuversichtlich... Hoffe das jetzt die fetten Jahre anbrechen ...
cu
PS to Kubrick ... mach weiter so...
Hallo,
Was haltet ihr von Biotissue???
ehrliche antworten bitte,
Gruss,
chrossi
Was haltet ihr von Biotissue???
ehrliche antworten bitte,
Gruss,
chrossi
@SilverSurferX
danke für die Blumen!
@all
LifeCell Appoints David Fitzgerald to Board of Directors
Former President and CEO of Howmedica Joins the Board
BRANCHBURG, N.J., Dec. 10 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that David Fitzgerald, former President and CEO of Howmedica, will join the Company`s Board of Directors. Mr. Fitzgerald will replace David A. Thomson who has resigned from the Company`s Board of Directors for personal reasons.
"David Fitzgerald`s industry knowledge and successful track record in the medical device field makes him a valuable addition to our Board of Directors at this exciting time in our history," said Paul G. Thomas, President and Chief Executive Officer of LifeCell. "With profitability on the horizon, LifeCell is at a critical inflection point. In addition to further penetrating existing markets for our three product lines, we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications," he added. "We would also like to thank David Thomson for his invaluable contributions as a board member since 1997."
Mr. Fitzgerald began his career in 1970 at Howmedica. By 1980, he was President and CEO of the Company and remained in that role until 1995. Additionally, in 1988, Mr. Fitzgerald was appointed Executive Vice President of Pfizer Hospital Products Group, a $1.3 billion group of medical device companies including Howmedica. In 1992, Mr. Fitzgerald was also named Vice President of Pfizer Inc. Since his retirement from Pfizer in 1995, Mr. Fitzgerald has served as a director and a consultant to a number of different start-up and development stage companies.
"I am pleased to join LifeCell at this important time in the Company`s development and look forward to helping the Company realize the full potential of its valuable technology platform," said David Fitzgerald.
Mr. Fitzgerald scheint ja ein sehr erfahrener Mann zu sein, als ehemaliger Vize Präsident von Pfizer hat er wahrscheinlich viele Kontakte die Lifecell hilfreich sein können.
Positiv fande Ich ausserdem was Paul G. Thomas sagt: "With profitability on the horizon,...we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications,"
Schöne Grüße
Kubrick
danke für die Blumen!
@all
LifeCell Appoints David Fitzgerald to Board of Directors
Former President and CEO of Howmedica Joins the Board
BRANCHBURG, N.J., Dec. 10 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that David Fitzgerald, former President and CEO of Howmedica, will join the Company`s Board of Directors. Mr. Fitzgerald will replace David A. Thomson who has resigned from the Company`s Board of Directors for personal reasons.
"David Fitzgerald`s industry knowledge and successful track record in the medical device field makes him a valuable addition to our Board of Directors at this exciting time in our history," said Paul G. Thomas, President and Chief Executive Officer of LifeCell. "With profitability on the horizon, LifeCell is at a critical inflection point. In addition to further penetrating existing markets for our three product lines, we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications," he added. "We would also like to thank David Thomson for his invaluable contributions as a board member since 1997."
Mr. Fitzgerald began his career in 1970 at Howmedica. By 1980, he was President and CEO of the Company and remained in that role until 1995. Additionally, in 1988, Mr. Fitzgerald was appointed Executive Vice President of Pfizer Hospital Products Group, a $1.3 billion group of medical device companies including Howmedica. In 1992, Mr. Fitzgerald was also named Vice President of Pfizer Inc. Since his retirement from Pfizer in 1995, Mr. Fitzgerald has served as a director and a consultant to a number of different start-up and development stage companies.
"I am pleased to join LifeCell at this important time in the Company`s development and look forward to helping the Company realize the full potential of its valuable technology platform," said David Fitzgerald.
Mr. Fitzgerald scheint ja ein sehr erfahrener Mann zu sein, als ehemaliger Vize Präsident von Pfizer hat er wahrscheinlich viele Kontakte die Lifecell hilfreich sein können.
Positiv fande Ich ausserdem was Paul G. Thomas sagt: "With profitability on the horizon,...we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications,"
Schöne Grüße
Kubrick
@SilverSurferX
danke für die Blumen!
@all
LifeCell Appoints David Fitzgerald to Board of Directors
Former President and CEO of Howmedica Joins the Board
BRANCHBURG, N.J., Dec. 10 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that David Fitzgerald, former President and CEO of Howmedica, will join the Company`s Board of Directors. Mr. Fitzgerald will replace David A. Thomson who has resigned from the Company`s Board of Directors for personal reasons.
"David Fitzgerald`s industry knowledge and successful track record in the medical device field makes him a valuable addition to our Board of Directors at this exciting time in our history," said Paul G. Thomas, President and Chief Executive Officer of LifeCell. "With profitability on the horizon, LifeCell is at a critical inflection point. In addition to further penetrating existing markets for our three product lines, we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications," he added. "We would also like to thank David Thomson for his invaluable contributions as a board member since 1997."
Mr. Fitzgerald began his career in 1970 at Howmedica. By 1980, he was President and CEO of the Company and remained in that role until 1995. Additionally, in 1988, Mr. Fitzgerald was appointed Executive Vice President of Pfizer Hospital Products Group, a $1.3 billion group of medical device companies including Howmedica. In 1992, Mr. Fitzgerald was also named Vice President of Pfizer Inc. Since his retirement from Pfizer in 1995, Mr. Fitzgerald has served as a director and a consultant to a number of different start-up and development stage companies.
"I am pleased to join LifeCell at this important time in the Company`s development and look forward to helping the Company realize the full potential of its valuable technology platform," said David Fitzgerald.
Mr. Fitzgerald scheint ja ein sehr erfahrener Mann zu sein, als ehemaliger Vize Präsident von Pfizer hat er wahrscheinlich viele Kontakte die Lifecell hilfreich sein können.
Positiv fande Ich ausserdem was Paul G. Thomas sagt: "With profitability on the horizon,...we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications,"
Schöne Grüße
Kubrick
danke für die Blumen!
@all
LifeCell Appoints David Fitzgerald to Board of Directors
Former President and CEO of Howmedica Joins the Board
BRANCHBURG, N.J., Dec. 10 /PRNewswire/ -- LifeCell Corporation (Nasdaq: LIFC) announced today that David Fitzgerald, former President and CEO of Howmedica, will join the Company`s Board of Directors. Mr. Fitzgerald will replace David A. Thomson who has resigned from the Company`s Board of Directors for personal reasons.
"David Fitzgerald`s industry knowledge and successful track record in the medical device field makes him a valuable addition to our Board of Directors at this exciting time in our history," said Paul G. Thomas, President and Chief Executive Officer of LifeCell. "With profitability on the horizon, LifeCell is at a critical inflection point. In addition to further penetrating existing markets for our three product lines, we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications," he added. "We would also like to thank David Thomson for his invaluable contributions as a board member since 1997."
Mr. Fitzgerald began his career in 1970 at Howmedica. By 1980, he was President and CEO of the Company and remained in that role until 1995. Additionally, in 1988, Mr. Fitzgerald was appointed Executive Vice President of Pfizer Hospital Products Group, a $1.3 billion group of medical device companies including Howmedica. In 1992, Mr. Fitzgerald was also named Vice President of Pfizer Inc. Since his retirement from Pfizer in 1995, Mr. Fitzgerald has served as a director and a consultant to a number of different start-up and development stage companies.
"I am pleased to join LifeCell at this important time in the Company`s development and look forward to helping the Company realize the full potential of its valuable technology platform," said David Fitzgerald.
Mr. Fitzgerald scheint ja ein sehr erfahrener Mann zu sein, als ehemaliger Vize Präsident von Pfizer hat er wahrscheinlich viele Kontakte die Lifecell hilfreich sein können.
Positiv fande Ich ausserdem was Paul G. Thomas sagt: "With profitability on the horizon,...we can leverage our technology platform in larger markets such as vascular grafting and orthopedic applications,"
Schöne Grüße
Kubrick
Hallo Jungs,
Ich habe gerade beim Stöbern auf der N-TV Seite eine "Analyse" von "DER AKTIONÄR-ONLINE" zu Lifecell entdeckt.
DER AKTIONÄR-ONLINE: LifeCell kaufen
Datum: 28.11.2001
Die Analysten von "Der Aktionär-online" empfehlen die Aktie LifeCell Corp. zum Kauf. (WKN 888910) Die vergangene Woche sei ganz ohne Zweifel die Woche der Stammzellenaktien gewesen. Nach der Veröffentlichung von Advanced Cell Technology (nicht börsennotiert), dass man zum ersten Mal im Ansatz einen Menschen habe klonen können, seien die Stammzellenaktien rasant angestiegen. Zudem habe sich LifeCell auf der Robertson Stephens Medical Conference erfolgreich präsentieren und verschiedene Projekte für 2002 vorstellen können. Im Bereich von 2,50 US-Dollar (etwa 2,90 Euro) befinde sich ein massiver Widerstand, den es nun zu überwinden gelte. Die Empfehlung der Analysten von "Der Aktionär-online" für die Aktie LifeCell lautet "kaufen".
So einen dillethantischen Bericht habe Ich bisher selten gelesen. Erst erweckt der Redakteur den Eindruck Lifecell würde mit Stammzellen arbeiten (wahrscheinlich glaubt er das sogar). Dann schreibt er von einer erfolgreichen Präsentation und verschieden Projekten für 2002, und erwähnt mit keinem weiteren Wort was das für Projekte sind.
Die Print-Ausgabe habe Ich noch nie gelesen, jetzt bin mir sicher, das daß wohl auch nie geschehen wird.
Schöne Grüße
Kubrick
Ich habe gerade beim Stöbern auf der N-TV Seite eine "Analyse" von "DER AKTIONÄR-ONLINE" zu Lifecell entdeckt.
DER AKTIONÄR-ONLINE: LifeCell kaufen
Datum: 28.11.2001
Die Analysten von "Der Aktionär-online" empfehlen die Aktie LifeCell Corp. zum Kauf. (WKN 888910) Die vergangene Woche sei ganz ohne Zweifel die Woche der Stammzellenaktien gewesen. Nach der Veröffentlichung von Advanced Cell Technology (nicht börsennotiert), dass man zum ersten Mal im Ansatz einen Menschen habe klonen können, seien die Stammzellenaktien rasant angestiegen. Zudem habe sich LifeCell auf der Robertson Stephens Medical Conference erfolgreich präsentieren und verschiedene Projekte für 2002 vorstellen können. Im Bereich von 2,50 US-Dollar (etwa 2,90 Euro) befinde sich ein massiver Widerstand, den es nun zu überwinden gelte. Die Empfehlung der Analysten von "Der Aktionär-online" für die Aktie LifeCell lautet "kaufen".
So einen dillethantischen Bericht habe Ich bisher selten gelesen. Erst erweckt der Redakteur den Eindruck Lifecell würde mit Stammzellen arbeiten (wahrscheinlich glaubt er das sogar). Dann schreibt er von einer erfolgreichen Präsentation und verschieden Projekten für 2002, und erwähnt mit keinem weiteren Wort was das für Projekte sind.
Die Print-Ausgabe habe Ich noch nie gelesen, jetzt bin mir sicher, das daß wohl auch nie geschehen wird.
Schöne Grüße
Kubrick
Die starken Käufe von institutioneller Seite halten bei Lifecell an. Heute berichtete der Tail Wind Fond über 5,5% an Lifecell erworben zu haben. Hier ist der link zu dem zugehörigen SEC-Filling.
http://realtimefilings.nasdaq.com/ShowFilingDoAction.asp?Fil…
Schöne Grüße
Kubrick
http://realtimefilings.nasdaq.com/ShowFilingDoAction.asp?Fil…
Schöne Grüße
Kubrick
Hier mal zur Abwechslung eine Verkaufsempfehlung zu Lifecell.
Lifecell nicht kaufen
Datum: 11.01.02 Uhrzeit: 12:18
Die Analysten von BioTech-World raten derzeit von einem Engagement in die Aktien von Lifecell ab. (WKN 888910) Lifecell sei ein Unternehmen des Tissue-Engineering Bereichs. Lifecell generiere bereits Umsätze und habe zur Zeit drei Präparate auf dem Markt, die auf der Grundlage von biotechnologischen Prozessen entwickelt worden seien. Diese Lösungen würden ihren Einsatz in mehreren Einsatzgebieten finden. So werde das Präparat Allodem bei plastischen Hautkonstruktionen verwendet und finde nach Brandverletzungen und peridontalen Eingriffen ihren Einsatzschwerpunkt. Das Präparat Cymetra sei eine spezielle Version von Allodem. Cymetra bestehe aus dem Grundstoff von Allodem und sei plastisch modellierbar, so dass Cymetra bei nichtchirurgischen Korrekturen von Weichgewebedefekten (Schönheitsoperationen wie z.B. Lippengestaltung "aufspritzen" u.ä.) verwendet werden könne. Das Präparat Repliform, eine weitere Version die auf Alloderm basiere und bei urologischen und gynäkologischen Eingriffen als Gewebeersatz diene. Lifecell gebe an, in Zukunft im Labor durch biotechnologische Prozesse gezüchtete Arterien auf den Markt zu bringen, die bei Patienten zum Einsatz kommen sollten, die an Arteriosklerose erkrankt seien. Die Arteriosklerose und die damit einhergehenden Krankheitsbilder seien in den Industrie- und Wohlstandsländern noch immer Todesursache Nummer eins, dicht gefolgt von den Krebserkrankungen. Somit komme der medizinischen Forschung im Bereich der Arteriosklerose sowie seit neuestem auch der Angiogenese extreme Wichtigkeit für die Volksgesundheit und damit natürlich im Falle von sensationellen Forschungsergebnissen auch extremes finanzielles Potential zu. Lifecell habe in den ersten neun Monaten 2001 einen Umsatz von 20,9 Millionen US-Dollar generiert. Der Vertrieb erfolge durch das US-Unternehmen Boston Scientific. In den zwölf Monaten seit September 2000 habe Lifecell einen Umsatz von 26,7Millionen US-Dollar generiert. Das Umsatzwachstum vom dritten Quartal 2000 zum dritten Quartal 2001 habe sich auf 23 Prozent belaufen. Lifecell werde zur Zeit an der Börse mit 45,8 Millionen US-Dollar bewertet und sei damit im Marktkapitalisierung/Umsatz-Vergleich billig. Die Cashreserven würden sich momentan auf 5,38 Millionen US-Dollar belaufen. Diese Mittel würden beim Stagnieren im Umsatz und im Gewinn/Verlust voraussichtlich ca.18 Monate reichen. Optimistische Analysten würden für 2002 von einem Umsatz von 39 Millionen US-Dollar ausgehen. Gegenüber einem geschätzten Umsatz für 2001 von 29 Millionen US-Dollar wäre dies eine Steigerung von 35,9 Prozent. Sollten diese Planzahlen tatsächlich eintreffen, so würde in 2002 ein Gewinn von 0,08 US-Dollar je Aktie anfallen. BioTech-World sei hier jedoch skeptisch, es werde in naher Zukunft mehrere Unternehmen geben, die Konkurrenzprodukte auf den Markt bringen würden und zudem sogar noch besser sein sollten als die bereits von Lifecell vertriebenen. BioTech-World rate Investoren, die sich für den Tissue-Engineering Bereich interessieren würden, zumindest bei Lifecell ein in Betracht bezogenes Investment zurückzustellen! In den nächsten 24 Monaten sollte man Lifecell genauestens beobachten. Würden sich auf der fundamentalen Seite Fakten ergeben, die die fundamentale Situation aufhellen würden, könne über ein Investment nachgedacht werden. Positiv zu werten sei allerdings das weitere Boomen von Schönheitsoperationen in der vor allem jungen US-Bevölkerung, von der Lifecell ja schon jetzt profitiere. Auch sei zu erwähnen, dass man seit kurzem einen Forschungsauftrag vom US-Verteidigungsministerium erhalten habe. Das Gesamtvolumen betrage hier 2,1 Millionen US-Dollar, die allerdings branchenüblich erfolgsabhängig seien. BioTech-World sei nach Abwägen von allen verfügbaren Daten letztendlich der Meinung, weder kurz noch langfristig in Lifcell zu investieren, da das Chance/Risiko-Profil hier nicht optimal sei. Sollten in der Medizintechnik Fortschritte bezüglich der Verbindung bei Arterien gemacht werden, so sei immer noch Zeit in den Wert zu investieren. Auch werde hier sehr viel davon abhängen, wie teuer Lifecells Ersatzarterien seien. Denn seien diese zu teuer, dürfte die Entnahme von patienteneigenem Gewebe weiterhin sinnvoller sein. Wer den Wert bereits im Depot habe, sollte die fundamentale Situation genauestens im Fokus haben. Die Zeit für ein Investment sei hier noch nicht gekommen. Lifecell sollte in den nächsten Monaten höchstens ein Marketperformer werden (zum S&P500). Vor diesem Hintergrund raten die Analysten von BioTech-World die Aktien von Lifecell nicht zu kaufen.
Quelle: AKTIENCHECK.DE AG
Meiner Meinung nach sehr verwegen so kurz vor dem erreichen des break-evens eine Verkaufsempfehlung zu geben.
schöne Grüße
Kubrick
Lifecell nicht kaufen
Datum: 11.01.02 Uhrzeit: 12:18
Die Analysten von BioTech-World raten derzeit von einem Engagement in die Aktien von Lifecell ab. (WKN 888910) Lifecell sei ein Unternehmen des Tissue-Engineering Bereichs. Lifecell generiere bereits Umsätze und habe zur Zeit drei Präparate auf dem Markt, die auf der Grundlage von biotechnologischen Prozessen entwickelt worden seien. Diese Lösungen würden ihren Einsatz in mehreren Einsatzgebieten finden. So werde das Präparat Allodem bei plastischen Hautkonstruktionen verwendet und finde nach Brandverletzungen und peridontalen Eingriffen ihren Einsatzschwerpunkt. Das Präparat Cymetra sei eine spezielle Version von Allodem. Cymetra bestehe aus dem Grundstoff von Allodem und sei plastisch modellierbar, so dass Cymetra bei nichtchirurgischen Korrekturen von Weichgewebedefekten (Schönheitsoperationen wie z.B. Lippengestaltung "aufspritzen" u.ä.) verwendet werden könne. Das Präparat Repliform, eine weitere Version die auf Alloderm basiere und bei urologischen und gynäkologischen Eingriffen als Gewebeersatz diene. Lifecell gebe an, in Zukunft im Labor durch biotechnologische Prozesse gezüchtete Arterien auf den Markt zu bringen, die bei Patienten zum Einsatz kommen sollten, die an Arteriosklerose erkrankt seien. Die Arteriosklerose und die damit einhergehenden Krankheitsbilder seien in den Industrie- und Wohlstandsländern noch immer Todesursache Nummer eins, dicht gefolgt von den Krebserkrankungen. Somit komme der medizinischen Forschung im Bereich der Arteriosklerose sowie seit neuestem auch der Angiogenese extreme Wichtigkeit für die Volksgesundheit und damit natürlich im Falle von sensationellen Forschungsergebnissen auch extremes finanzielles Potential zu. Lifecell habe in den ersten neun Monaten 2001 einen Umsatz von 20,9 Millionen US-Dollar generiert. Der Vertrieb erfolge durch das US-Unternehmen Boston Scientific. In den zwölf Monaten seit September 2000 habe Lifecell einen Umsatz von 26,7Millionen US-Dollar generiert. Das Umsatzwachstum vom dritten Quartal 2000 zum dritten Quartal 2001 habe sich auf 23 Prozent belaufen. Lifecell werde zur Zeit an der Börse mit 45,8 Millionen US-Dollar bewertet und sei damit im Marktkapitalisierung/Umsatz-Vergleich billig. Die Cashreserven würden sich momentan auf 5,38 Millionen US-Dollar belaufen. Diese Mittel würden beim Stagnieren im Umsatz und im Gewinn/Verlust voraussichtlich ca.18 Monate reichen. Optimistische Analysten würden für 2002 von einem Umsatz von 39 Millionen US-Dollar ausgehen. Gegenüber einem geschätzten Umsatz für 2001 von 29 Millionen US-Dollar wäre dies eine Steigerung von 35,9 Prozent. Sollten diese Planzahlen tatsächlich eintreffen, so würde in 2002 ein Gewinn von 0,08 US-Dollar je Aktie anfallen. BioTech-World sei hier jedoch skeptisch, es werde in naher Zukunft mehrere Unternehmen geben, die Konkurrenzprodukte auf den Markt bringen würden und zudem sogar noch besser sein sollten als die bereits von Lifecell vertriebenen. BioTech-World rate Investoren, die sich für den Tissue-Engineering Bereich interessieren würden, zumindest bei Lifecell ein in Betracht bezogenes Investment zurückzustellen! In den nächsten 24 Monaten sollte man Lifecell genauestens beobachten. Würden sich auf der fundamentalen Seite Fakten ergeben, die die fundamentale Situation aufhellen würden, könne über ein Investment nachgedacht werden. Positiv zu werten sei allerdings das weitere Boomen von Schönheitsoperationen in der vor allem jungen US-Bevölkerung, von der Lifecell ja schon jetzt profitiere. Auch sei zu erwähnen, dass man seit kurzem einen Forschungsauftrag vom US-Verteidigungsministerium erhalten habe. Das Gesamtvolumen betrage hier 2,1 Millionen US-Dollar, die allerdings branchenüblich erfolgsabhängig seien. BioTech-World sei nach Abwägen von allen verfügbaren Daten letztendlich der Meinung, weder kurz noch langfristig in Lifcell zu investieren, da das Chance/Risiko-Profil hier nicht optimal sei. Sollten in der Medizintechnik Fortschritte bezüglich der Verbindung bei Arterien gemacht werden, so sei immer noch Zeit in den Wert zu investieren. Auch werde hier sehr viel davon abhängen, wie teuer Lifecells Ersatzarterien seien. Denn seien diese zu teuer, dürfte die Entnahme von patienteneigenem Gewebe weiterhin sinnvoller sein. Wer den Wert bereits im Depot habe, sollte die fundamentale Situation genauestens im Fokus haben. Die Zeit für ein Investment sei hier noch nicht gekommen. Lifecell sollte in den nächsten Monaten höchstens ein Marketperformer werden (zum S&P500). Vor diesem Hintergrund raten die Analysten von BioTech-World die Aktien von Lifecell nicht zu kaufen.
Quelle: AKTIENCHECK.DE AG
Meiner Meinung nach sehr verwegen so kurz vor dem erreichen des break-evens eine Verkaufsempfehlung zu geben.
schöne Grüße
Kubrick
@all
Gute nachrichten zu Lifecell!!!
LifeCell to Post Record Product Revenues for 2001
BRANCHBURG, N.J., Jan. 17 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC - news), a leader in developing and commercializing biological solutions to repair or replace the body`s damaged tissue, announced today that the Company expects to report record product revenues for the year ended December 31, 2001. LifeCell currently markets three products, AlloDerm® for plastic reconstructive and burn procedures, Cymetra(TM) for the correction of soft tissue defects, and Repliform(TM) for urology and gynecology procedures.
LifeCell`s product portfolio is derived from the Company`s versatile acellular matrix technology platform and is used for the repair, replacement and preservation of tissue in numerous different clinical applications. The Company expects to report 2001 product revenues of approximately $26.6 million, up 25% from the previous year.
``In addition to record product revenues for the year, we expect to report an operating profit in the fourth quarter of 2001, the first ever in the Company`s history,`` said Paul Thomas, President and CEO of LifeCell. ``With several products on the market and consistent double-digit revenue growth, we look forward to an exciting 2002 as we leverage LifeCell`s technology base to enter into larger target markets such as orthopedics and cardiovascular.``
LifeCell`s audited financial results for the twelve-month period ended December 31, 2001, are scheduled to be released on Tuesday, February 26, 2002.
LifeCell Corporation is a leader in developing and marketing solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its core technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectation for revenue growth, profitability and product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
schöne Grüße
Kubrick
Gute nachrichten zu Lifecell!!!
LifeCell to Post Record Product Revenues for 2001
BRANCHBURG, N.J., Jan. 17 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC - news), a leader in developing and commercializing biological solutions to repair or replace the body`s damaged tissue, announced today that the Company expects to report record product revenues for the year ended December 31, 2001. LifeCell currently markets three products, AlloDerm® for plastic reconstructive and burn procedures, Cymetra(TM) for the correction of soft tissue defects, and Repliform(TM) for urology and gynecology procedures.
LifeCell`s product portfolio is derived from the Company`s versatile acellular matrix technology platform and is used for the repair, replacement and preservation of tissue in numerous different clinical applications. The Company expects to report 2001 product revenues of approximately $26.6 million, up 25% from the previous year.
``In addition to record product revenues for the year, we expect to report an operating profit in the fourth quarter of 2001, the first ever in the Company`s history,`` said Paul Thomas, President and CEO of LifeCell. ``With several products on the market and consistent double-digit revenue growth, we look forward to an exciting 2002 as we leverage LifeCell`s technology base to enter into larger target markets such as orthopedics and cardiovascular.``
LifeCell`s audited financial results for the twelve-month period ended December 31, 2001, are scheduled to be released on Tuesday, February 26, 2002.
LifeCell Corporation is a leader in developing and marketing solutions for the repair, replacement and preservation of human tissue. The Company`s core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its core technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectation for revenue growth, profitability and product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
schöne Grüße
Kubrick
Das war heute ein guter tag für Lifecell.
Die Produktumsätze haben nach dem etwas enttäuschenden 3. Quartal wieder angezogen.
Produktumsätze Lifecell:
1. Quartal: 6.424.000
2. Quartal: 7.011.000
3. Quartal: 6.454.000
4. Quartal: ca. 6.711.000
Mit echten Massen Produkten in der Pipeline (voll funktionstüchtige Arterien und Orthopädischen Applikationen sowie Thrombosol) und einem positiven Cash-Flow könnte Lifecell einer der Big-Player im Tissue-Bereich werden.
schöne Grüße
Kubrick
Die Produktumsätze haben nach dem etwas enttäuschenden 3. Quartal wieder angezogen.
Produktumsätze Lifecell:
1. Quartal: 6.424.000
2. Quartal: 7.011.000
3. Quartal: 6.454.000
4. Quartal: ca. 6.711.000
Mit echten Massen Produkten in der Pipeline (voll funktionstüchtige Arterien und Orthopädischen Applikationen sowie Thrombosol) und einem positiven Cash-Flow könnte Lifecell einer der Big-Player im Tissue-Bereich werden.
schöne Grüße
Kubrick
Na dann hoffen wir mal das beste. Charttechnisch gesehen, ist der Weg nach oben erst einmal frei....
Hornblower Fischer BioStocks Daily (18.01.2002)
LifeCell (LIFC; 888910) erwartet für 2001 mit einem Umsatzwachstum von +25,5% auf 26,6 Mio. USD ein Rekordergebnis. Für das 4. Quartal 2001 wird zudem zum ersten Mal mit einem operativen Gewinn gerechnet. Mit drei Produkten, die sich bereits auf dem Markt befinden, will LifeCell versuchen, in diesem Jahr in neue Zielgebiete wie z.B. Herzkreislauf oder Orthopädie vorzudringen. LifeCell ist ein Biotechunternehmen, das biologische Lösungen für den Ersatz oder die Wiederherstellung von geschädigtem Gewebe (Tissue Engineering) anbietet. LifeCell gehörte gestern mit einem Kurssprung um +30,20% auf ein neues 52-Wochenhoch bei 3,32 USD zu den Gewinnern im Biotechsektor. Auch im nachbörslichen Handel tendierte die Aktie weiterhin freundlich.
Gruß Kubrick
LifeCell (LIFC; 888910) erwartet für 2001 mit einem Umsatzwachstum von +25,5% auf 26,6 Mio. USD ein Rekordergebnis. Für das 4. Quartal 2001 wird zudem zum ersten Mal mit einem operativen Gewinn gerechnet. Mit drei Produkten, die sich bereits auf dem Markt befinden, will LifeCell versuchen, in diesem Jahr in neue Zielgebiete wie z.B. Herzkreislauf oder Orthopädie vorzudringen. LifeCell ist ein Biotechunternehmen, das biologische Lösungen für den Ersatz oder die Wiederherstellung von geschädigtem Gewebe (Tissue Engineering) anbietet. LifeCell gehörte gestern mit einem Kurssprung um +30,20% auf ein neues 52-Wochenhoch bei 3,32 USD zu den Gewinnern im Biotechsektor. Auch im nachbörslichen Handel tendierte die Aktie weiterhin freundlich.
Gruß Kubrick
Hier ein posting aus dem Yahoo board.
Lifc Vs. Org & Atis...
by: toppedout2000
Long-Term Sentiment: Strong Buy 01/20/02 03:43 pm
Msg: 5182 of 5183
Lifc has nearly the same revenue of Atis and Org combined! Yet Lifc has the smallest market cap of them all. Lifc is also near being a profitable company. Org & Atis lose millions and may never turn a profit. Atis has a market cap of $315 million, nearly 5 times more than Lifc. If Lifc had the same market cap of Atis, and I feel it should, then Lifc would be trading at $15. Org has a market cap of $146 million. If Lifc had the same market cap of Org, then Lifc would be trading at $8. It is very clear that Lifc is very undervalued.
Lifc
"LifeCell Corp. is a bioengineering company engaged in the development and commercialization of tissue regeneration and cell preservation products. For the nine months ended 9/30/01, total revenues rose 23% to $20.9 million. Net loss applicable to Common fell 52% to $2.6 million. Revenues reflect increased demand for Repliform and AlloDerm. Lower loss reflects decreased product development and lower employee related expenses."
Org
"Organogenesis, Inc. designs, develops and manufactures medical therapeutics containing living cells and/or natural connective tissue. For the nine months ended 9/30/01, total revenues fell 13% to $7.6 million. Net loss before accounting change increased 52% to $22.6 million."
Atis
"ATIS is a tissue engineering company, engaged in the development of human-based tissue products for therapeutic applications. ATIS focuses on wound care, orthopedics, aesthetic, reconstructive and cardiovascular products. For the nine months ended 9/30/01, revenues rose 7% to $20.8 million. Net loss applicable to Common fell 9% to $19.3 million. Results reflect a $5 million Dermagraft PMA approval milestone and lower research and development expenses."
Gruß Kubrick
Lifc Vs. Org & Atis...
by: toppedout2000
Long-Term Sentiment: Strong Buy 01/20/02 03:43 pm
Msg: 5182 of 5183
Lifc has nearly the same revenue of Atis and Org combined! Yet Lifc has the smallest market cap of them all. Lifc is also near being a profitable company. Org & Atis lose millions and may never turn a profit. Atis has a market cap of $315 million, nearly 5 times more than Lifc. If Lifc had the same market cap of Atis, and I feel it should, then Lifc would be trading at $15. Org has a market cap of $146 million. If Lifc had the same market cap of Org, then Lifc would be trading at $8. It is very clear that Lifc is very undervalued.
Lifc
"LifeCell Corp. is a bioengineering company engaged in the development and commercialization of tissue regeneration and cell preservation products. For the nine months ended 9/30/01, total revenues rose 23% to $20.9 million. Net loss applicable to Common fell 52% to $2.6 million. Revenues reflect increased demand for Repliform and AlloDerm. Lower loss reflects decreased product development and lower employee related expenses."
Org
"Organogenesis, Inc. designs, develops and manufactures medical therapeutics containing living cells and/or natural connective tissue. For the nine months ended 9/30/01, total revenues fell 13% to $7.6 million. Net loss before accounting change increased 52% to $22.6 million."
Atis
"ATIS is a tissue engineering company, engaged in the development of human-based tissue products for therapeutic applications. ATIS focuses on wound care, orthopedics, aesthetic, reconstructive and cardiovascular products. For the nine months ended 9/30/01, revenues rose 7% to $20.8 million. Net loss applicable to Common fell 9% to $19.3 million. Results reflect a $5 million Dermagraft PMA approval milestone and lower research and development expenses."
Gruß Kubrick
@all
Lifecell hoch riskant Datum: 24.01.2002
Zeit: 14:39
Nach Ansicht der Analysten des Anlegermagazins "Die Telebörse" ist die Aktie Lifecell Corp. ein hoch riskantes Investment. (WKN 888910) Das Unternehmen habe bisher in erster Linie Hautersatz für Verbrennungswunden hergestellt. Man wolle die hier zu Grunde liegende Technologie nach und nach erweitern. Das erste Ziel sei die Herstellung von Blutgefäßen, die bei Bypassoperationen zum Einsatz kämen. Des weiteren forsche der Konzern daran, neues Knochengewebe zu züchten. Die schonende Lagerung von gespendeten Blutzellen sei ein drittes neues Feld. Aufgrund der Terroranschläge in den USA habe Lifecell seine Umsatzprognosen auf 30,5 Mio. Euro für 2001 reduziert. Der Kurs sei auf Talfahrt gegangen. Das Unternehmen erwarte nun 25% Umsatzzuwachs auf 30,1 Mio. Euro in 2001. Zudem werde in Aussicht gestellt, im 4. Quartal erstmals Gewinne zu verzeichnen. Die Aktie Lifecell ist gemäß den Analysten von "Die Telebörse" ein hoch riskantes Investment mit einer 100%-Chance.
Gruß Kubrick
Lifecell hoch riskant Datum: 24.01.2002
Zeit: 14:39
Nach Ansicht der Analysten des Anlegermagazins "Die Telebörse" ist die Aktie Lifecell Corp. ein hoch riskantes Investment. (WKN 888910) Das Unternehmen habe bisher in erster Linie Hautersatz für Verbrennungswunden hergestellt. Man wolle die hier zu Grunde liegende Technologie nach und nach erweitern. Das erste Ziel sei die Herstellung von Blutgefäßen, die bei Bypassoperationen zum Einsatz kämen. Des weiteren forsche der Konzern daran, neues Knochengewebe zu züchten. Die schonende Lagerung von gespendeten Blutzellen sei ein drittes neues Feld. Aufgrund der Terroranschläge in den USA habe Lifecell seine Umsatzprognosen auf 30,5 Mio. Euro für 2001 reduziert. Der Kurs sei auf Talfahrt gegangen. Das Unternehmen erwarte nun 25% Umsatzzuwachs auf 30,1 Mio. Euro in 2001. Zudem werde in Aussicht gestellt, im 4. Quartal erstmals Gewinne zu verzeichnen. Die Aktie Lifecell ist gemäß den Analysten von "Die Telebörse" ein hoch riskantes Investment mit einer 100%-Chance.
Gruß Kubrick
@all
LifeCell and LifeNet Partner to Increase Availability of Allograft Skin Tissue for Burn Victims
BRANCHBURG, N.J., Jan. 30 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC - news), a leader in developing and commercializing biologically based solutions to repair or replace the body`s damaged tissue, announced today that it has entered into an agreement with LifeNet, the largest organ procurement based tissue bank in the United States.
Under the terms of the agreement, LifeNet will supply donated allograft skin tissue to LifeCell for processing into cryopreserved skin and Alloderm® graftable tissue on a priority basis for treatment of burn victims. LifeNet will discontinue processing cryopreserved skin, however, it will continue to distribute cryopreserved skin processed by LifeCell. LifeCell is one of the largest processors of allograft tissue for burn victims in the United States. Additionally, LifeCell provides other tissue grafts for plastic reconstructive, urology and gynecology procedures.
``LifeNet is an accredited and well-respected organization and we are pleased that they have chosen LifeCell as a partner to process their allograft skin,`` said Paul Thomas, President and CEO of LifeCell. ``We share a common vision of maximizing the clinical benefit of donated human tissue and we look forward to a successful partnership.``
LifeCell`s tissue grafts are processed using the Company`s proprietary and patented tissue matrix technology platform and are used for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications.
``We are extremely pleased to work together with LifeCell to ensure that allograft skin tissue is available on a priority basis for burn victims,`` said Bill Anderson, LifeNet`s President and Chief Executive Officer. ``LifeNet and its affiliated OPO partners are dedicated to ensuring that donated human tissue is available to help as many patients as possible. Our responsibility to donor families is to see that others benefit from the gift of donated human tissues and we are confident that this agreement will help us to meet that objective.``
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
LifeNet is the largest, full-service, non-profit allograft tissue bank in the United States. LifeNet provides quality tissue allografts to nearly 200,000 patients a year and related services to thousands of hospitals and clinicians -- worldwide. LifeNet was founded in 1982 to address the need for human organs and tissues for transplantation. LifeNet is also a non-profit, federally-designated, Organ Procurement Organization, providing donation services for heart, liver, kidney, pancreas, lung, and other organs for transplantation. LifeNet is an accredited member of the American Association of Tissue Banks, an institutional member of the United Network for Organ Sharing, an accredited member of the Association of Organ Procurement Organizations and is registered to the ISO 9001 quality management system. LifeNet is headquartered in Virginia Beach, Virginia, with regional offices across the country.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectation for product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
Gruß Kubrick
LifeCell and LifeNet Partner to Increase Availability of Allograft Skin Tissue for Burn Victims
BRANCHBURG, N.J., Jan. 30 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC - news), a leader in developing and commercializing biologically based solutions to repair or replace the body`s damaged tissue, announced today that it has entered into an agreement with LifeNet, the largest organ procurement based tissue bank in the United States.
Under the terms of the agreement, LifeNet will supply donated allograft skin tissue to LifeCell for processing into cryopreserved skin and Alloderm® graftable tissue on a priority basis for treatment of burn victims. LifeNet will discontinue processing cryopreserved skin, however, it will continue to distribute cryopreserved skin processed by LifeCell. LifeCell is one of the largest processors of allograft tissue for burn victims in the United States. Additionally, LifeCell provides other tissue grafts for plastic reconstructive, urology and gynecology procedures.
``LifeNet is an accredited and well-respected organization and we are pleased that they have chosen LifeCell as a partner to process their allograft skin,`` said Paul Thomas, President and CEO of LifeCell. ``We share a common vision of maximizing the clinical benefit of donated human tissue and we look forward to a successful partnership.``
LifeCell`s tissue grafts are processed using the Company`s proprietary and patented tissue matrix technology platform and are used for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications.
``We are extremely pleased to work together with LifeCell to ensure that allograft skin tissue is available on a priority basis for burn victims,`` said Bill Anderson, LifeNet`s President and Chief Executive Officer. ``LifeNet and its affiliated OPO partners are dedicated to ensuring that donated human tissue is available to help as many patients as possible. Our responsibility to donor families is to see that others benefit from the gift of donated human tissues and we are confident that this agreement will help us to meet that objective.``
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
LifeNet is the largest, full-service, non-profit allograft tissue bank in the United States. LifeNet provides quality tissue allografts to nearly 200,000 patients a year and related services to thousands of hospitals and clinicians -- worldwide. LifeNet was founded in 1982 to address the need for human organs and tissues for transplantation. LifeNet is also a non-profit, federally-designated, Organ Procurement Organization, providing donation services for heart, liver, kidney, pancreas, lung, and other organs for transplantation. LifeNet is an accredited member of the American Association of Tissue Banks, an institutional member of the United Network for Organ Sharing, an accredited member of the Association of Organ Procurement Organizations and is registered to the ISO 9001 quality management system. LifeNet is headquartered in Virginia Beach, Virginia, with regional offices across the country.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectation for product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
SOURCE: LifeCell Corporation
Gruß Kubrick
@all
LifeCell spek. Verdopplungschance Datum: 29.01.2002
Zeit: 10:49
Die Analysten von Aktienservice Research empfehlen derzeit dem Anleger die Aktien von LifeCell zum Kauf. (WKN 888910) LifeCell sei ein Biotech-Unternehmen, das biologische Lösungen für Ersatz und Wiederherstellung von geschädigtem Gewebe (Tissue-Engineering) anbiete. Im Hinblick auf Terroranschläge habe LifeCell seine Umsatzprognosen reduziert. Der Kurs habe zu diesem Zeitpunkt deutlich nachgegeben. Zum Jahresbeginn habe sich jedoch der NewsFlow bei LifeCell verbessert, so erwarte man nun 25 Prozent Umsatzzuwachs auf 26,6 Millionen Euro in 2001. Zudem werde in Aussicht gestellt, im vierten Quartal erstmals operative Gewinne zu erzielen. Dies habe dem Kurs wieder deutlich Auftrieb verliehen. Mit einer Marktkapitalisierung von 65 Millionen US-Dollar (02e-Umsatzmultiple liege lediglich ca. zwei) sei der Titel für ein prosperierendes Biotech-Unternehmen sehr günstig bewertet. Befürchtungen, wonach dem Unternehmen in ca. 24 Monaten auf Grund der anhaltenden Verlustsituation die Mittel ausgehen könnten, seien durch den jüngsten Vorstoß in die operative Gewinnzone abgeschwächt bzw. widerlegt worden. Auch die fundamentalen Aussichten würden sich bei LifeCell recht positiv gestalten. LifeCell habe bisher vornehmlich Hautersatz für Verbrennungswunden hergestellt und habe hier bereits drei Produkte auf den Markt bringen können. Die hierbei entwickelte Technologie und die erworbene Kompetenz solle nun auf weitere Indikationsgebiete erweitert werden, so zum Beispiel auf die Herstellung von Blutgefäßen, die bei Beipassoperationen zum Einsatz kämen, und auf die Züchtung von neuem Knochengewebe. LifeCell verfolge mehrere hochinteressante Entwicklungsprojekte, so bspw. die Züchtung durch biotechnologische Prozesse von Arterien für Patienten, die an Arteriosklerose erkrankt seien. Da dies und damit verbundene Krankheitsbilder in den Industriestaaten immer noch Todesursache Nummer eins seien, adressiere LifeCell hiermit einen immensen Markt. Weitere Forschungserfolge würden vor diesem Hintergrund mit der Konkretisierung eines extremen finanziellen Potenzials einher gehen. Ferner komme dem Unternehmen im Kerngeschäftsbereich Tissue-Engineering die wachsende Nachfrage nach kosmetischen Operationen zu Gute. Dieses Geschäftsfeld erscheine langfristig attraktiv, selbst bei Nicht-Berücksichtigung der laufenden Entwicklungsprojekte auf anderen Gebieten sei die Aktie nach Einschätzung von Aktienservice Research derzeit attraktiv bewertet. Im prosperierenden Bereich Tissue-Engineering sei die marktführende LifeCell erste Wahl, erziele bereits nachhaltige Umsätze mit drei auf Basis von biotechnologischen Prozessen eigenentwickelten Produkten (AlloDerm, Cymetra und Repliform), die erfolgreich auf den Markt gebracht worden seien. Das sei erheblich mehr, als andere im Bereich Bio-Tissue angesiedelte Unternehmen vorweisen könnten. Vielversprechend positioniert sehe Aktienservice Research LifeCell hierbei im Heimatmarkt USA, da die Nachfrage nach Hautprodukten gerade auf Grund der boomenden Schönheitschirurgie gerade in den USA schnell ansteige. Nach Einschätzung von Aktienservice Research sichere die aussichtsreiche Entwicklung des Kerngeschäfts alleine das heutige Kursniveau ab. Sollten erste Forschungserfolge bei der Züchtung von Arterien verzeichnet werden können, werde der Aktienkurs von LifeCell voraussichtlich explodieren. Vor diesem Hintergrund sehe Aktienservice Research bei LifeCell ein langfristig positives Chance/Risiko-Profil. Mit Sicht auf zwölf Monate werde das Kursziel bei sieben US-Dollar gesehen. Das Rating der Analysten von Aktienservice Research für die LifeCell-Aktie lautet auf spekulativ kaufen. Auf Grund der jüngsten Kursbewegungen könnte zunächst eine Konsolidierung eintreten. Der Stoppkurs sollte bei 2,90 US-Dollar platziert werden.
Gruß Kubrick
LifeCell spek. Verdopplungschance Datum: 29.01.2002
Zeit: 10:49
Die Analysten von Aktienservice Research empfehlen derzeit dem Anleger die Aktien von LifeCell zum Kauf. (WKN 888910) LifeCell sei ein Biotech-Unternehmen, das biologische Lösungen für Ersatz und Wiederherstellung von geschädigtem Gewebe (Tissue-Engineering) anbiete. Im Hinblick auf Terroranschläge habe LifeCell seine Umsatzprognosen reduziert. Der Kurs habe zu diesem Zeitpunkt deutlich nachgegeben. Zum Jahresbeginn habe sich jedoch der NewsFlow bei LifeCell verbessert, so erwarte man nun 25 Prozent Umsatzzuwachs auf 26,6 Millionen Euro in 2001. Zudem werde in Aussicht gestellt, im vierten Quartal erstmals operative Gewinne zu erzielen. Dies habe dem Kurs wieder deutlich Auftrieb verliehen. Mit einer Marktkapitalisierung von 65 Millionen US-Dollar (02e-Umsatzmultiple liege lediglich ca. zwei) sei der Titel für ein prosperierendes Biotech-Unternehmen sehr günstig bewertet. Befürchtungen, wonach dem Unternehmen in ca. 24 Monaten auf Grund der anhaltenden Verlustsituation die Mittel ausgehen könnten, seien durch den jüngsten Vorstoß in die operative Gewinnzone abgeschwächt bzw. widerlegt worden. Auch die fundamentalen Aussichten würden sich bei LifeCell recht positiv gestalten. LifeCell habe bisher vornehmlich Hautersatz für Verbrennungswunden hergestellt und habe hier bereits drei Produkte auf den Markt bringen können. Die hierbei entwickelte Technologie und die erworbene Kompetenz solle nun auf weitere Indikationsgebiete erweitert werden, so zum Beispiel auf die Herstellung von Blutgefäßen, die bei Beipassoperationen zum Einsatz kämen, und auf die Züchtung von neuem Knochengewebe. LifeCell verfolge mehrere hochinteressante Entwicklungsprojekte, so bspw. die Züchtung durch biotechnologische Prozesse von Arterien für Patienten, die an Arteriosklerose erkrankt seien. Da dies und damit verbundene Krankheitsbilder in den Industriestaaten immer noch Todesursache Nummer eins seien, adressiere LifeCell hiermit einen immensen Markt. Weitere Forschungserfolge würden vor diesem Hintergrund mit der Konkretisierung eines extremen finanziellen Potenzials einher gehen. Ferner komme dem Unternehmen im Kerngeschäftsbereich Tissue-Engineering die wachsende Nachfrage nach kosmetischen Operationen zu Gute. Dieses Geschäftsfeld erscheine langfristig attraktiv, selbst bei Nicht-Berücksichtigung der laufenden Entwicklungsprojekte auf anderen Gebieten sei die Aktie nach Einschätzung von Aktienservice Research derzeit attraktiv bewertet. Im prosperierenden Bereich Tissue-Engineering sei die marktführende LifeCell erste Wahl, erziele bereits nachhaltige Umsätze mit drei auf Basis von biotechnologischen Prozessen eigenentwickelten Produkten (AlloDerm, Cymetra und Repliform), die erfolgreich auf den Markt gebracht worden seien. Das sei erheblich mehr, als andere im Bereich Bio-Tissue angesiedelte Unternehmen vorweisen könnten. Vielversprechend positioniert sehe Aktienservice Research LifeCell hierbei im Heimatmarkt USA, da die Nachfrage nach Hautprodukten gerade auf Grund der boomenden Schönheitschirurgie gerade in den USA schnell ansteige. Nach Einschätzung von Aktienservice Research sichere die aussichtsreiche Entwicklung des Kerngeschäfts alleine das heutige Kursniveau ab. Sollten erste Forschungserfolge bei der Züchtung von Arterien verzeichnet werden können, werde der Aktienkurs von LifeCell voraussichtlich explodieren. Vor diesem Hintergrund sehe Aktienservice Research bei LifeCell ein langfristig positives Chance/Risiko-Profil. Mit Sicht auf zwölf Monate werde das Kursziel bei sieben US-Dollar gesehen. Das Rating der Analysten von Aktienservice Research für die LifeCell-Aktie lautet auf spekulativ kaufen. Auf Grund der jüngsten Kursbewegungen könnte zunächst eine Konsolidierung eintreten. Der Stoppkurs sollte bei 2,90 US-Dollar platziert werden.
Gruß Kubrick
Lifecell ist heute bei starken Umsätzen nach oben ausgebrochen. Meldungen gab es keine aber so wie Ich die Lage einschätze, wissen ein paar Institutionelle Käufer mal wieder mehr als wir.
Vielleicht erfahren wir ja in den nächsten Tagen, etwas neues über den Entwicklungsstand der Arterien von Lifecell.
schöne Grüße
Kubrick
Vielleicht erfahren wir ja in den nächsten Tagen, etwas neues über den Entwicklungsstand der Arterien von Lifecell.
schöne Grüße
Kubrick
Die jüngste Kursexplosion wundert mich überhaupt nicht.
Mich überrascht eher, daß die Bude 1 Jahr nicht gestiegen
ist. Bei Betrachtung der Produktpipeline, der Kennzahlen
und des explosiven Wachstums halte ich Kurse jenseits der
20 $ mittelfristig für absolut realistisch. Das Kgv
ist nieddrig und wenn der Umsatz explodiert, muß der Kurs
mitziehen. Ehernes Naturgesetz.
Evtl fertigt Lifecell mal als 4 Produktlinie für
einige W.O ler gezüchtete Ersatzgehirne.
Mich überrascht eher, daß die Bude 1 Jahr nicht gestiegen
ist. Bei Betrachtung der Produktpipeline, der Kennzahlen
und des explosiven Wachstums halte ich Kurse jenseits der
20 $ mittelfristig für absolut realistisch. Das Kgv
ist nieddrig und wenn der Umsatz explodiert, muß der Kurs
mitziehen. Ehernes Naturgesetz.
Evtl fertigt Lifecell mal als 4 Produktlinie für
einige W.O ler gezüchtete Ersatzgehirne.
@all
Lifecell vorbörslich bei $3.99.
Kubrick
Lifecell vorbörslich bei $3.99.
Kubrick
Das hier ist wohl der Grund für den gestriegen Anstieg.
PROSPECTUS
LIFECELL CORPORATION
478,001 SHARES
COMMON STOCK
The selling stockholders listed on pages 18-19 are offering for resale 478,001 shares of our common stock under this prospectus.
Our common stock is listed on the Nasdaq National Market under the symbol "LIFC". On February 11, 2002, the closing price of the common stock on the Nasdaq National Market was $3.82 per share.
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THE SHARES OF COMMON STOCK OFFERED OR SOLD UNDER THIS PROSPECTUS INVOLVE A
HIGH DEGREE OF RISK. SEE "RISK FACTORS" BEGINNING ON PAGE 4.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
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The date of this prospectus is February 12, 2002.
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TABLE OF CONTENTS
PAGE
----
The Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Risk Factors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Special Note Regarding Forward-Looking Statements . . . . . . . . . . . . 16
Where You Can Find More Information . . . . . . . . . . . . . . . . . . . 16
Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Selling Stockholders. . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Plan of Distribution. . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
-2-
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THIS SUMMARY HIGHLIGHTS SELECTED INFORMATION ABOUT US. IT MAY NOT CONTAIN ALL OF THE INFORMATION THAT YOU FIND IMPORTANT. YOU SHOULD CAREFULLY READ THIS ENTIRE DOCUMENT, INCLUDING THE ``RISK FACTORS`` AND OUR FINANCIAL STATEMENTS AND THEIR RELATED NOTES INCORPORATED BY REFERENCE.
THE COMPANY
LifeCell Corporation develops and markets biologic solutions for the repair, replacement and preservation of human tissue. Our core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. We currently market three human tissue products based on this technology:
- AlloDerm(R) for plastic reconstructive, burn and periodontal procedures;
- Repliform(TM), a version of AlloDerm(R) for urology and gynecology procedures.; and
- Cymetra(TM), a version of AlloDerm(R) in particulate form for the correction of soft tissue defects.
Our development programs include the application of our technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken from the patient, investigation of potential orthopedic applications of our technology, investigation of human tissue as carriers for therapeutics, ThromboSol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
We were incorporated in the State of Delaware in 1992 as the successor to a Delaware corporation that was incorporated in 1986. Our address is 1 Millennium Way, Branchburg, New Jersey 08876 and our phone number is (908) 947-1100.
-3-
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RISK FACTORS
You should carefully consider these risk factors in addition to our financial statements. In addition to the following risks, there may also be risks that we do not yet know of or that we currently think are immaterial that may also impair our business operations. If any of the following risks occur, our business, financial condition or operating results could be adversely affected, the trading price of our common stock could decline and you might lose all or part of your investment.
WE HAVE A HISTORY OF OPERATING LOSSES AND A SUBSTANTIAL ACCUMULATED EARNINGS DEFICIT AND WE MAY CONTINUE TO INCUR LOSSES.
Since our inception in 1986, we have generated only limited revenues from product sales and have incurred substantial net losses of approximately:
- $7.3 million for the year ended December 31, 1998;
- $9.2 million for the year ended December 31, 1999;
- $7.1 million for the year ended December 31, 2000; and
- $2.2 million for the nine months ended September 30, 2001.
At September 30, 2001, we had an accumulated deficit of approximately $64.7 million. We expect to incur additional operating losses as well as negative cash flow from operations in the short term as we continue to expand our marketing efforts with respect to our current products and to continue our product development programs. Our ability to increase revenues and achieve profitability and positive cash flows from operations will depend on:
- increased market acceptance and sales of AlloDerm, Repliform and Cymetra; and
- commercialization of products under development.
We may not achieve profitability and positive cash flows from operations.
WE MAY NEED ADDITIONAL CAPITAL TO MARKET OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS AND IT IS UNCERTAIN WHETHER SUCH CAPITAL WILL BE AVAILABLE.
We intend to expend funds for:
- product research and development;
- expansion of sales and marketing activities;
-4-
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- product education efforts; and
- other working capital and general corporate purposes, including potential acquisitions of complementary technologies or products.
We may need additional capital, depending on:
- the costs and progress of our research and development efforts;
- the number and types of product development programs undertaken;
- the costs and timing of expansion of sales and marketing activities;
- the costs and timing of expansion of manufacturing capacity;
- the amount of revenues from our existing and new products;
- changes in, termination of, and the success of existing and new distribution arrangements;
- the cost of maintaining, enforcing and defending patents and other intellectual property rights;
- competing technological and market developments; and
- developments related to regulatory and third party reimbursement matters.
We have no commitments for any future funding and there can be no assurance that we will be able to obtain additional financing in the future from either debt or equity financings, bank loans, collaborative arrangements or other sources on terms acceptable to us, or at all. If adequate funds are not available, we expect that we will be required to delay, scale back or eliminate one or more of our product development programs. Any additional equity financing may be dilutive to stockholders, and debt financing, if available, may involve significant restrictive covenants. Collaborative arrangements, if necessary to raise additional funds, may require us to relinquish our rights to certain of our technologies, products or marketing territories.
IF THE UNITED STATED FOOD AND DRUG ADMINISTRATION (THE "FDA") IMPOSES MEDICAL DEVICE OR OTHER REGULATIONS THAT AFFECT OUR PRODUCTS, THE COSTS OF DEVELOPING, MANUFACTURING AND MARKETING OUR PRODUCTS WILL BE INCREASED.
The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices or biologics usually must undergo a lengthy, uncertain and expensive approval process. In 1996, the FDA determined that AlloDerm used for the repair or replacement of damaged or inadequate integumental tissue (i.e. "tissue lining the surface of the body or a body cavity") would be regulated as transplanted human tissue. On that basis, we
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continued commercial distribution of this product for plastic reconstructive, burn and periodontal surgery. In its decision with respect to the regulation of AlloDerm, the FDA stated that the regulatory status of any different uses, such as a void filler for soft tissue, for cosmetic augmentation procedures or as a wound healing agent, would need to be determined on a case-by-case basis.
In 1999, we began marketing the following products as human tissue:
- Repliform, a version of AlloDerm, for urological and gynecological surgical procedures; and
- Cymetra, a version of AlloDerm in a particulate form, for non-surgical correction of soft tissue defects.
Repliform is used as a bladder sling for the treatment of urinary incontinence and for the repair of pelvic floor defects. Cymetra is used for the correction of soft tissue deficits, such as acne or other depressed scars, and to restore tissue loss from disease. In November 2000, the FDA wrote to us and requested detailed information about Repliform and Cymetra, including copies of existing labeling and advertising, a description of product composition and processing, and other information supporting our belief that each of these products is human tissue. In February 2001, we provided a detailed submission responding to the FDA`s request. In June 2001, we received a letter from the FDA indicating that each of these products, as currently marketed, meet the definition of transplanted human tissue.
We cannot assure that products we develop in the future will similarly be regulated as human tissue. The regulation of each new product we develop will be decided by the FDA on a case-by-case basis. If the FDA chooses to regulate any of our future products as a medical device or biologic, the process of obtaining FDA approval would be expensive, lengthy and unpredictable. We anticipate that it could take from one to three years or longer to obtain such approval. We do not know if such approval could be obtained in a timely fashion, or at all. Such approval process would almost certainly include a requirement to provide extensive supporting clinical data.
In addition, the FDA requires that devices and biologics be produced in accordance with the Quality System Regulation for medical devices or Good Manufacturing Practice regulation for biologics.
As a result, our manufacturing and compliance costs would increase and any such future device and biologic products would be subject to more comprehensive development, testing, monitoring and validation standards.
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A few states impose their own regulatory requirements on transplanted human tissue. We believe that we are in compliance with such regulations. There can be no assurance that the various states in which our products are sold will not impose additional regulatory requirements or marketing impediments on our products.
THE FDA CAN IMPOSE CIVIL AND CRIMINAL ENFORCEMENT ACTIONS AND OTHER PENALTIES ON US IF WE FAIL TO COMPLY WITH THE STRINGENT FDA REGULATIONS AT OUR TISSUE FACILITIES.
Failure to comply with any applicable FDA requirements could result in civil and criminal enforcement actions and other fines and penalties that would increase our expenses and adversely affect our cash flows. Tissue establishments must engage in:
- donor screening and infectious disease testing; and
- stringent record keeping.
As a result, our involvement in the processing and distribution of human tissue requires us to ensure that proper donor screening and infectious disease testing are done appropriately and conducted under strict procedures. In addition, we must maintain records, which are available for FDA inspectors documenting that the procedures were followed. The FDA has authority to conduct inspections of tissue establishments and to detain, recall, or destroy tissue if the procedures were not followed or appropriate documentation is not available.
The FDA has issued proposed rules that would impose additional donor suitability and Current Good Tissue Practice requirements on manufacturers of tissue-based products. If these or similar requirements actually become law, we will likely incur additional manufacturing and compliance costs for our tissue-based products, including AlloDerm, Repliform and Cymetra.
Labeling and promotional activities are also subject to scrutiny by the FDA and, in certain instances, by the Federal Trade Commission. From time to time, the FDA may modify such requirements, imposing additional or different requirements which may require us to alter our business methods.
THE NATIONAL ORGAN TRANSPLANT ACT COULD BE INTERPRETED IN A WAY THAT COULD REDUCE OUR REVENUES AND PROFITABILITY.
Procurement of certain human organs and tissue for transplantation is subject to the restrictions of National Organ Transplant Act, which prohibits the acquisition of certain human organs, including skin and related tissue for valuable consideration, but permits the payment of reasonable expenses associated with the procurement, transportation, processing, preservation, quality control and storage of human tissue, including skin. We reimburse tissue banks for expenses incurred that are associated with the recovering and
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transportation of donated human skin that we process into AlloDerm, Repliform, Cymetra and allograft skin as a temporary wound dressing. In addition to amounts paid to tissue banks to reimburse them for their expenses associated with the procurement and transportation of human skin, we include in our pricing structure certain costs associated with:
- processing;
- preservation;
- quality control and storage of the tissue; and
- marketing and medical education expenses.
National Organ Transplant Act payment allowances may be interpreted to limit the amount of costs and expenses that we may recover in our pricing for our products thereby negatively impacting our revenues and profitability. We also are potentially subject to enforcement sanctions if we are found to have violated the National Organ Transplant Act`s prohibition on the sale of human tissue.
WE ARE SUBJECT TO VARYING AND EXTENSIVE REGULATION BY FOREIGN GOVERNMENTS WHICH CAN BE COSTLY, TIME CONSUMING AND SUBJECT US TO UNANTICIPATED DELAYS.
We distribute some of our products in countries outside the United States. The regulation of our products in these countries varies. Certain countries regulate our products as a pharmaceutical product, requiring us to make extensive filings and obtain regulatory approvals before selling our product. Certain countries classify our products as transplant tissue but may restrict its import or sale. Other countries have no applicable regulations regarding the import or sale of products similar to our products, creating uncertainty as to what standards we may be required to meet.
The uncertainty of the regulations in each country may delay or impede the marketing of our products in these countries in the future or impede our ability to negotiate distribution arrangements on favorable terms. Certain foreign countries have laws similar to National Organ Transplant Act. These laws may restrict the amount that we can charge for our products and may restrict our ability to export or distribute our products to licensed not-for-profit organizations in those countries. Noncompliance with foreign country requirements may include some or all of the risks associated with noncompliance with FDA regulation as well as other risks.
INCREASING OUR REVENUES AND ACHIEVING PROFITABILITY WILL DEPEND ON OUR ABILITY TO INCREASE MARKET PENETRATION OF OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS.
Much of our ability to increase revenues and to achieve profitability and positive cash flows from operations will depend on:
- expanding the use and market penetration of our current products; and
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- the successful introduction of our products in development.
Products based on our technologies represent new methods of treatment. Physicians will not use our products unless they determine that the clinical benefits to the patient are greater than those available from competing products or therapies. Even if the advantage of our products is established as clinically significant, physicians may not elect to use such products for any number of reasons.
Consequently, physicians, health care payers and patients may not accept our current products or products under development. Broad market acceptance of our products may require the training of numerous physicians and clinicians, as well as conducting or sponsoring clinical studies to demonstrate the benefits of such products. The amount of time required to complete such training and studies could result in a delay or dampening of such market acceptance. Moreover, health care payers` approval of reimbursement for our products in development may be an important factor in establishing market acceptance.
We may be required to undertake time-consuming and costly development activities and seek regulatory clearance or approval for new products. Although we have conducted animal studies on many of our products under development which indicate that the product may be feasible for a particular application, results obtained from expanded studies may not be consistent with earlier trial results or be sufficient for us to obtain any required regulatory approvals or clearances. The completion of the development of any of our products under development remains subject to all the risks associated with the commercialization of new products based on innovative technologies, including:
- unanticipated technical or other problems;
- manufacturing difficulties; and
- the possibility of insufficient funds for the completion of such development.
WE ARE HIGHLY DEPENDENT UPON SALES OF OUR PRODUCTS THROUGH BOSTON SCIENTIFIC, OMP INC. AND DISTRIBUTORS TO GENERATE OUR REVENUES.
We have engaged:
- Boston Scientific Corporation as our exclusive worldwide sales and marketing representative for Repliform for use in the urology and gynecology markets; and
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- OMP Inc. as the exclusive sales and marketing representative of Cymetra for office-based dermatologists and plastic surgeons.
Additionally, we have granted distributors exclusive distribution rights and may grant additional distribution rights in the future. For the year ended December 31, 2000 and for the nine month period ended September 30, 2001, sales of our products through Boston Scientific Corporation, OMP Inc. and our distributors represented approximately 28%, 13% and 6% and 35%, 9% and 10% respectively, of our total product revenues. We expect sales of our products through our marketing agents and distributors to continue to increase as a percentage of total revenues. If an exclusive marketing agent, such as Boston Scientific Corporation or OMP Inc., or a distributor fails to adequately promote, market and sell our products, our revenues could be adversely affected until a replacement agent or distributor could be retained by us. Finding replacement agents and distributors could be a time consuming process during which our revenues could be negatively impacted.
WE DEPEND HEAVILY UPON A LIMITED NUMBER OF SOURCES OF HUMAN TISSUE AND ANY INTERRUPTION IN THE AVAILABILITY OF HUMAN TISSUE WOULD INTERFERE WITH OUR ABILITY TO PROCESS AND DISTRIBUTE OUR PRODUCTS.
Our business is dependent on the availability of donated human tissue. We currently receive human tissue from approximately 20 United States tissue banks. We estimate that there are at least 100 tissue banks in the United States. Although we have established what we believe to be adequate sources of donated human tissue to satisfy the expected demand for our products in the foreseeable future, we cannot be sure that donated human tissue will continue to be available at current levels or will be sufficient to meet our needs. If our current sources can no longer supply human tissue or our requirements for human tissue exceed their current capacity, we may not be able to locate other sources. Any significant interruption in the availability of human tissue would likely cause us to slow down the processing and distribution of our products.
NEGATIVE PUBLICITY CONCERNING THE USE OF DONATED HUMAN TISSUE IN RECONSTRUCTIVE COSMETIC PROCEDURES COULD REDUCE THE DEMAND FOR OUR PRODUCTS AND MAY NEGATIVELY IMPACT THE SUPPLY OF AVAILABLE DONOR TISSUE.
Although we do not promote the use of our products for cosmetic applications, clinicians may use our products in applications or procedures that may be considered "cosmetic." Negative publicity concerning the use of donated human tissue in cosmetic procedures could reduce the demand for our products or negatively impact the willingness of families of potential donors to agree to donate tissue or tissue banks to provide tissue to us for processing.
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THE BIOMEDICAL FIELD WHICH WE ARE IN IS HIGHLY COMPETITIVE AND SUSCEPTIBLE TO RAPID CHANGE AND SUCH CHANGES COULD RENDER OUR PRODUCTS OBSOLETE.
The biomedical field is undergoing rapid and significant technological change. Our success depends upon our ability to develop and commercialize efficient and effective products based on our technologies. There are many companies, including Regeneration Technologies, Inc., Collagenesis, Inc., Cook, Inc. and its affiliates, Cryolife, Inc., Organogenesis, Inc., Advance Tissue Sciences, Inc. and Integra Life Sciences Holdings Corporation, and academic institutions, including Rice University, The University of Pittsburgh and Georgia Institute of Technology, that are capable of developing products based on similar technology. Some or all of these competitors have developed and are capable of developing products based on other technologies, which are or may be competitive with our products. Many of these companies and academic institutions are well-established, and have substantially greater financial and other resources, research and development capabilities and more experience in conducting clinical trials, obtaining regulatory approvals, manufacturing and marketing than we do. These companies and academic institutions may succeed in developing competing products that are more effective than our products, or that receive government approvals more quickly than our products, which may render our products or technology uncompetitive, uneconomical or obsolete.
THE ABILITY TO OBTAIN THIRD-PARTY REIMBURSEMENT FOR THE COSTS OF NEW MEDICAL TECHNOLOGIES IS LIMITED.
Generally, hospitals, physicians and other health care providers purchase products, such as the products being sold or developed by us, for use in providing care to their patients. These parties typically rely on third-party payers, including:
- Medicare;
- Medicaid;
- private health insurance; and
- managed care plans
to reimburse all or part of the costs of acquiring those products and costs associated with the medical procedures performed with those products. Third-party payers have adopted cost control measures in recent years that have had and may continue to have a significant effect on the purchasing practices of many health care providers, generally causing them to be more selective in the purchase of medical products. Significant uncertainty exists as to the reimbursement status of newly approved health care products. We believe that certain third-party payers provide reimbursement for medical procedures at a specified rate without additional reimbursement for products, such as those being sold or developed by us, used in such procedures. Adequate third-party payer reimbursement may not be available for us to maintain price levels sufficient for realization of an appropriate return on our investment in
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developing new products. The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices usually require such approval. Certain government and other third-party payers refuse, in some cases, to provide any coverage for uses of products for indications for which the FDA has not granted marketing approval. Further, certain of our products are used in medical procedures that typically are not covered by third-party payers or for which patients sometimes do not obtain coverage. These and future changes in third-party payer reimbursement practices regarding the procedures performed with our products could adversely affect the market acceptance of our products.
OUR SUCCESS DEPENDS ON THE SCOPE OF OUR INTELLECTUAL PROPERTY RIGHTS AND NOT INFRINGING THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS. THE VALIDITY, ENFORCEABILITY AND COMMERCIAL VALUE OF THESE RIGHTS ARE HIGHLY UNCERTAIN.
Our ability to compete effectively with other companies is materially dependent upon the proprietary nature of our technologies. We rely primarily on patents and trade secrets to protect our technologies. We currently license:
- the exclusive right to nine United States patents and related foreign patents; and
- non-exclusive rights to 14 patents.
In addition, we:
- have been issued one United States design patent and five United States utility patents; and
- have seven United States patent applications pending.
Third parties may seek to challenge, invalidate, circumvent or render unenforceable any patents or proprietary rights owned by or licensed to us based on, among other things:
- subsequently discovered prior art;
- lack of entitlement to the priority of an earlier, related application; or
- failure to comply with the written description, best mode, enablement or other applicable requirements.
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In general, the patent position of biotechnology and medical product firms is highly uncertain, still evolving and involves complex legal, scientific and factual questions. We are at risk that:
- other patents may be granted with respect to the patent applications filed by us; and
- any patents issued or licensed to us may not provide commercial benefit to us or will be infringed, invalidated or circumvented by others.
The United States Patent and Trademark Office currently has a significant backlog of patent applications, and the approval or rejection of patents may take several years. Prior to actual issuance, the contents of United States patent applications are generally not made public. Once issued, such a patent would constitute prior art from its filing date, which might predate the date of a patent application on which we rely. Conceivably, the issuance of such a prior art patent, or the discovery of "prior art" of which we are currently unaware, could invalidate a patent of ours or our licensor or prevent commercialization of a product claimed thereby.
Although we generally conduct a cursory review of issued patents prior to engaging in research or development activities, we may be required to obtain a license from others to commercialize any of our new products under development. If patents that cover our existing or new products are issued to other companies, there can be no assurance that any necessary license could be obtained on favorable terms or at all.
There can be no assurance that we will not be required to resort to litigation to protect our patented technologies or other proprietary rights or that we will not be the subject of additional patent litigation to defend our existing or proposed products or processes against claims of patent infringement or other intellectual property claims. Any of such litigation could result in substantial costs and diversion of our resources.
We also have applied for patent protection in several foreign countries. Because of the differences in patent laws and laws concerning proprietary rights, the extent of protection provided by United States patents or proprietary rights owned by or licensed to us may differ from that of their foreign counterparts.
We may decide for business reasons to retain certain knowledge that we consider proprietary as confidential and elect to protect such information as a trade secret, as business confidential information or as know-how. In that event, we must rely upon trade secrets, know-how and continuing technological innovation to maintain our competitive position. There can be no assurance that others will not independently develop substantially equivalent proprietary information or otherwise gain access to or disclose such information.
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WE ARE EXPOSED TO PRODUCT LIABILITY CLAIMS FOR WHICH OUR PRODUCT LIABILITY INSURANCE MAY BE INADEQUATE.
Our business exposes us to potential product liability risks inherent in the testing, manufacturing and marketing of medical products. We cannot be certain that:
- our insurance will provide adequate coverage against potential liabilities;
- adequate product liability insurance will continue to be available in the future; or
- our insurance can be maintained on acceptable terms.
The obligation to pay any product liability claim in excess of whatever insurance we are able to acquire would increase our expenses.
We use donated human tissue as the raw material for our products. The non-profit organizations that supply such tissue are required to follow FDA regulations for screening donors for potential disease transmission. Such procedures include donor testing for certain viruses, including HIV. Our manufacturing process also has been demonstrated to inactivate concentrated suspensions of HIV. While we believe such procedures are adequate to reduce the threat of disease transmission, there can be no assurance that:
- our products will not be associated with transmission of disease; or
- a patient otherwise infected with disease would not erroneously assert a claim that the use of our products resulted in the disease transmission.
Any such transmission or alleged transmission could have a material adverse effect on our ability to manufacture or market our products and could result in litigation.
OUR FAILURE TO COMPLY WITH REGULATIONS REGARDING DISPOSAL OF HAZARDOUS MATERIALS COULD RESULT IN THE IMPOSITION OF PENALTIES, FINES OR SANCTIONS.
Our research and development and processing techniques generate waste that is classified as hazardous by the United States Environmental Protection Agency and the New Jersey Natural Resources Commission. We segregate such waste and dispose of it through licensed hazardous waste transporters. Although we believe we are currently in compliance in all material respects with applicable environmental regulations, our failure to comply fully with any such regulations could result in the imposition of penalties, fines or sanctions.
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FUTURE SALES OF OUR COMMON STOCK MAY DEPRESS OUR STOCK PRICE.
Sales of a substantial number of shares of our common stock in the public market could cause a reduction in the market price of our common stock. We had 20,312,504 shares of common stock issued and outstanding as of January 15, 2002. As of that date, all of those shares were eligible for sale under Rule 144 or are otherwise freely tradable, excluding the 478,001 shares registered for resale under this prospectus. In addition, 5,564,630 options and warrants were outstanding as of January 15, 2002. As of January 15, 2002, 4,087,155 of those stock options and warrants are vested and the remainder will vest within the next four years. We also have 101,726 shares of Series B preferred stock issued and outstanding as of January 15, 2002, which are convertible, at the option of the holders or automatically, in certain instances, into 3,685,736 shares of our common stock. We may also issue additional shares in connection with our business and may grant additional stock options to our employees, officers, directors and consultants under our stock option plan.
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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "anticipate," "estimate" and similar words, although some forward-looking statements are expressed differently. Forward-looking statements represent our management`s judgment regarding future events. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. All statements other than statements of historical fact included in this prospectus regarding our financial position, business strategy, products, products under development and clinical trials, markets, budgets, plans, or objectives for future operations are forward-looking statements. We cannot guarantee the accuracy of the forward-looking statements, and you should be aware that our actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including the statements under "Risk Factors" set forth above.
WHERE YOU CAN FIND MORE INFORMATION
We are subject to the information requirements of the Exchange Act. We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC. You may read and copy any document we file at the SEC`s public reference rooms at the following locations:
- Main Public Reference Room Judiciary Plaza Building 450 Fifth Street, N.W.
Washington, D.C. 20549
- Regional Public Reference Room
75 Park Place, 14th Floor
New York, New York 10007
You may obtain information on the operation of the SEC`s public reference rooms by calling 1-800-SEC-0330. We are required to file these documents with the SEC electronically. You can access the electronic versions of these filings at the SEC`s website, located at www.sec.gov.
This prospectus is part of a registration statement that we filed with the SEC. The registration statement contains more information than this prospectus regarding LifeCell and its common stock, including certain exhibits. You can get a copy of the registration statement from the SEC at the address listed above or from its web site.
The SEC allows us to "incorporate" into this prospectus information we file with it in other documents. This means that we can disclose important information to you by referring to other documents that contain that
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information. The information incorporated by reference is considered to be part of this prospectus, and information we file later with the SEC will automatically update and supersede this information. For further information about the Company and our common stock, you should refer to the registration statement and the following documents which we are incorporating by reference except to the extent information in those documents is different from the information contained in this prospectus:
- Our Annual Report on Form 10-K for the year ended December 31, 2000, filed with the SEC on March 30, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, filed with the SEC on May 15, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed with the SEC on August 13, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended September 30, 2001, filed with the SEC on November 13, 2001;
- Our Current Reports on Form 8-K filed with the SEC on July 2, 2001, July 11, 2001 and December 11, 2001;
- Our definitive Proxy Statement for our 2001 Annual Meeting of Stockholders on Schedule 14A filed with the SEC on April 26, 2001;
- The description of our common stock set forth in our registration statement on Form 8-A filed pursuant to Section 12 of the Exchange Act and declared effective by the SEC on February 27, 1992 and any amendment or report filed for the purpose of updating such description; and
- All documents we file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act after the date of this prospectus until we terminate the offering of these shares.
We will provide without charge to each person, including any beneficial owner of common stock to whom this prospectus is delivered, upon written or oral request of such person, a copy of any and all of the documents that have been incorporated by reference in this prospectus (not including exhibits to such documents unless such exhibits are specifically incorporated by reference therein). Requests for such copies should be directed to: LifeCell Corporation, 1 Millennium Way, Branchburg, NJ 08876, Attention: Secretary (telephone (908) 947-1106).
You should rely only on the information contained or incorporated by reference in this document. We have not authorized anyone to provide you with information that is different.
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The common stock is not being offered in any state where the offer is not permitted. You should not assume that the information in this prospectus is accurate as of any date other than the date on the front of this prospectus.
USE OF PROCEEDS
We will not receive any of the proceeds from the sale of the common stock by the selling stockholders named in this prospectus. All proceeds from the sale of the common stock will be paid directly to the selling stockholders.
SELLING STOCKHOLDERS
The shares are being registered to permit public secondary trading of the shares, and the selling stockholders, or their pledgees, donees, transferees or other successors-in interest, may offer all or any portion of the shares for resale from time to time. See "Plan of Distribution."
We have filed with the Commission under the Securities Act a registration statement on Form S-3, of which this prospectus forms a part, relating to the resale of the shares. We have agreed to pay expenses in connection with the registration and sale of the shares being offered by the selling stockholders. See "Plan of Distribution."
1999 Private Placement
On November 17, 1999, LifeCell and The Tail Wind Fund, Ltd. entered into a purchase agreement under which we issued to TailWind 925,000 shares of the Company`s common stock and a warrant to purchase up to an additional 200,000 shares of our common stock, subject to certain adjustments. In consideration for the issuance of the common stock and warrant, Tail Wind paid us an aggregate of $3,885,000 in cash. Under the terms of the Warrant as issued, Tail Wind is entitled to exercise the Warrant at a price of $5.46 per share of common stock, subject to certain adjustments, for an aggregate of $1,092,000 if all 200,000 shares are exercised. The exercise price of the Warrant is also subject to anti-dilution adjustments.
The shares being registered herein were issued to Tail Wind pursuant to certain purchase price protection provisions contained in the purchase agreement. In addition, the exercise price of the Warrant has been adjusted to $1.96 per share pursuant to similar provisions contained in the Warrant. As a result of the adjustment of the exercise price of the Warrant, we would receive an aggregate of $392,000 if all 200,000 shares are exercised.
Based on information provided by the selling stockholders, the following table lists:
- the name of the selling stockholders;
- the number of shares of common stock beneficially owned before the commencement of the offering;
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- the number of shares of common stock offered for resale in this offering; and
- the number of shares and percentage of common stock owned after this offering, assuming the sale of all shares offered in this offering by each selling stockholder.
Number of Common stock beneficially
Shares of owned after the offering
Common -----------------------------
Stock Shares
Selling Beneficially Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
------------------------- -------------- ------- ---------------- -----------
The Tail Wind Funds, Ltd. 660,637 (1)(2) 478,001 1,138,636 (1)(2) 5.5
_________________
(1) Includes shares of common stock purchased in a private placement in
November 1999 which shares have been previously registered for resale
by us.
(2) Includes 200,000 shares of common stock issuable upon the exercise of
warrants purchased in November 1999.
PLAN OF DISTRIBUTION
The selling stockholders, their pledgees, donees, transferees or other successors-in-interest may from time to time, sell all or a portion of the shares in privately negotiated transactions or otherwise, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices related to these market prices or at negotiated prices.
The selling stockholders may sell the shares by one or more of the following methods:
- a block trade in which the broker or dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;
- purchases by a broker or dealer as principal and resale by such broker or dealer for its account pursuant to this prospectus;
- an exchange distribution in accordance with the rules of the applicable exchange;
- ordinary brokerage transactions and transactions in which the broker solicits purchasers;
- privately negotiated transactions;
- short sales;
- a combination of any such methods of sale; and
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- any other method permitted pursuant to applicable law.
The selling stockholders are not restricted as to the price or prices at which they may sell their shares. Sales of shares by the selling stockholders may depress the market price of our common stock since the number of shares which may be sold by the selling stockholders is relatively large compared to the historical average weekly trading of our common stock. Accordingly, if the selling stockholders were to sell, or attempt to sell, all of such shares at once or during a short time period, we believe such transactions could adversely affect the market price of our common stock.
From time to time the selling stockholders may engage in short sales, short sales against the box, puts and calls and other transactions in our securities or derivatives of our securities, and can sell and deliver the shares in connection with any of these transactions or in settlement of securities loans. From time to time the selling stockholders may pledge their shares under margin provisions of their customer agreements with their brokers. Upon a default by the selling stockholders, the broker may offer and sell the pledged shares from time to time.
In effecting sales, brokers and dealers engaged by the selling stockholders may arrange for other brokers or dealers to participate in the sale. Brokers or dealers may receive commissions or discounts from the selling stockholders or, if the broker-dealer acts as agent for the purchaser of such shares, from the purchaser in amounts to be negotiated. Broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share, and to the extent the broker-dealer is unable to do so acting as agent for the selling stockholders, to purchase as principal any unsold shares at the price required to fulfill the broker-dealer commitment to the selling stockholders. Broker-dealers who acquire shares as principal may then resell those shares from time to time in transactions:
- in the over-the counter market or otherwise;
- at prices and on terms then prevailing at the time of sale;
- at prices then related to the then-current market price; or
- in negotiated transactions.
These resales may involve block transactions or sales to and through other broker-dealers, including any of the transactions described above. In connection with these sales, these broker-dealers may pay to or receive from the purchasers of those shares commissions as described above. The selling stockholders may also sell the shares under Rule 144 under the Securities Act, rather than under this prospectus.
The selling stockholders and any broker-dealers or agents that participate with the selling stockholders in sales of the shares may be deemed to be "underwriters" within the meaning of the Securities Act in connection with these
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sales. In this event, any commissions received by these broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. Because selling stockholders may be deemed to be "underwriters" within the meaning of the Securities Act, the selling stockholders will be subject to the prospectus delivery requirements of the Securities Act.
We are required to pay all fees and expenses incident to the registration of the shares. We have agreed to indemnify the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act. The selling stockholders may agree to indemnify any agent, dealer or broker-dealer that participates in transactions involving sales of the shares against certain liabilities, including liabilities arising under the Securities Act. The selling stockholders will be required to pay commissions and brokerage expenses on their sales, if any.
At the time a particular offer of shares is made, to the extent required, a supplement to this prospectus will be distributed which will identify and set forth the following:
- the names of the selling stockholders;
- the number of shares being sold;
- the price;
- commissions being paid;
- that there has been no investigation by broker-dealer; and
- any other facts material to the transaction.
The selling stockholders are subject to applicable provisions of the Exchange Act and the Commission`s rules and regulations, including Regulation M, which provisions may limit the timing of purchases and sales of the shares by the selling stockholders. We will make copies of this prospectus available to the selling stockholders and have informed them of the need to deliver copies of this prospectus to purchasers at or prior to the time of any sale of the shares.
In order to comply with certain states` securities laws, if applicable, the selling stockholders may sell the shares in those jurisdictions only through registered or licensed brokers or dealers. In certain states the selling stockholders may not sell the shares unless the shares have been registered or qualified for sale in such state, or unless an exemption from registration or qualification is available and is obtained.
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LEGAL MATTERS
The validity of the securities offered hereby have been passed upon for us by Lowenstein Sandler PC, Roseland, New Jersey.
EXPERTS
The financial statements incorporated by reference in this prospectus and elsewhere in the registration statement have been audited by Arthur Andersen LLP, independent public accountants, as indicated in their reports with respect thereto, and are included herein in reliance upon the authority of said firm as experts in accounting and auditing in giving said report.
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Prospective investors may rely only on the information contained in this prospectus. LifeCell Corporation has not authorized anyone to provide prospective investors with information different from that contained in this prospectus. This prospectus is not an offer to sell nor is it seeking an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is correct only as of the date of this prospectus, regardless of the time of the delivery of this prospectus or any sale of these securities.
LIFECELL CORPORATION
478,001 SHARES OF COMMON STOCK
PROSPECTUS
February 12, 2002
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Gute news wären mir wesentlich lieber gewesen, aber Ich denke wir haben trotzdem auf das richtige Pferd gesetzt.
Gruß Kubrick
PROSPECTUS
LIFECELL CORPORATION
478,001 SHARES
COMMON STOCK
The selling stockholders listed on pages 18-19 are offering for resale 478,001 shares of our common stock under this prospectus.
Our common stock is listed on the Nasdaq National Market under the symbol "LIFC". On February 11, 2002, the closing price of the common stock on the Nasdaq National Market was $3.82 per share.
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THE SHARES OF COMMON STOCK OFFERED OR SOLD UNDER THIS PROSPECTUS INVOLVE A
HIGH DEGREE OF RISK. SEE "RISK FACTORS" BEGINNING ON PAGE 4.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
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The date of this prospectus is February 12, 2002.
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TABLE OF CONTENTS
PAGE
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The Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Risk Factors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Special Note Regarding Forward-Looking Statements . . . . . . . . . . . . 16
Where You Can Find More Information . . . . . . . . . . . . . . . . . . . 16
Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Selling Stockholders. . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Plan of Distribution. . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
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THIS SUMMARY HIGHLIGHTS SELECTED INFORMATION ABOUT US. IT MAY NOT CONTAIN ALL OF THE INFORMATION THAT YOU FIND IMPORTANT. YOU SHOULD CAREFULLY READ THIS ENTIRE DOCUMENT, INCLUDING THE ``RISK FACTORS`` AND OUR FINANCIAL STATEMENTS AND THEIR RELATED NOTES INCORPORATED BY REFERENCE.
THE COMPANY
LifeCell Corporation develops and markets biologic solutions for the repair, replacement and preservation of human tissue. Our core technology removes all cells from the tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. We currently market three human tissue products based on this technology:
- AlloDerm(R) for plastic reconstructive, burn and periodontal procedures;
- Repliform(TM), a version of AlloDerm(R) for urology and gynecology procedures.; and
- Cymetra(TM), a version of AlloDerm(R) in particulate form for the correction of soft tissue defects.
Our development programs include the application of our technology to process small diameter blood vessel grafts as an alternative to blood vessel grafts taken from the patient, investigation of potential orthopedic applications of our technology, investigation of human tissue as carriers for therapeutics, ThromboSol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
We were incorporated in the State of Delaware in 1992 as the successor to a Delaware corporation that was incorporated in 1986. Our address is 1 Millennium Way, Branchburg, New Jersey 08876 and our phone number is (908) 947-1100.
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RISK FACTORS
You should carefully consider these risk factors in addition to our financial statements. In addition to the following risks, there may also be risks that we do not yet know of or that we currently think are immaterial that may also impair our business operations. If any of the following risks occur, our business, financial condition or operating results could be adversely affected, the trading price of our common stock could decline and you might lose all or part of your investment.
WE HAVE A HISTORY OF OPERATING LOSSES AND A SUBSTANTIAL ACCUMULATED EARNINGS DEFICIT AND WE MAY CONTINUE TO INCUR LOSSES.
Since our inception in 1986, we have generated only limited revenues from product sales and have incurred substantial net losses of approximately:
- $7.3 million for the year ended December 31, 1998;
- $9.2 million for the year ended December 31, 1999;
- $7.1 million for the year ended December 31, 2000; and
- $2.2 million for the nine months ended September 30, 2001.
At September 30, 2001, we had an accumulated deficit of approximately $64.7 million. We expect to incur additional operating losses as well as negative cash flow from operations in the short term as we continue to expand our marketing efforts with respect to our current products and to continue our product development programs. Our ability to increase revenues and achieve profitability and positive cash flows from operations will depend on:
- increased market acceptance and sales of AlloDerm, Repliform and Cymetra; and
- commercialization of products under development.
We may not achieve profitability and positive cash flows from operations.
WE MAY NEED ADDITIONAL CAPITAL TO MARKET OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS AND IT IS UNCERTAIN WHETHER SUCH CAPITAL WILL BE AVAILABLE.
We intend to expend funds for:
- product research and development;
- expansion of sales and marketing activities;
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- product education efforts; and
- other working capital and general corporate purposes, including potential acquisitions of complementary technologies or products.
We may need additional capital, depending on:
- the costs and progress of our research and development efforts;
- the number and types of product development programs undertaken;
- the costs and timing of expansion of sales and marketing activities;
- the costs and timing of expansion of manufacturing capacity;
- the amount of revenues from our existing and new products;
- changes in, termination of, and the success of existing and new distribution arrangements;
- the cost of maintaining, enforcing and defending patents and other intellectual property rights;
- competing technological and market developments; and
- developments related to regulatory and third party reimbursement matters.
We have no commitments for any future funding and there can be no assurance that we will be able to obtain additional financing in the future from either debt or equity financings, bank loans, collaborative arrangements or other sources on terms acceptable to us, or at all. If adequate funds are not available, we expect that we will be required to delay, scale back or eliminate one or more of our product development programs. Any additional equity financing may be dilutive to stockholders, and debt financing, if available, may involve significant restrictive covenants. Collaborative arrangements, if necessary to raise additional funds, may require us to relinquish our rights to certain of our technologies, products or marketing territories.
IF THE UNITED STATED FOOD AND DRUG ADMINISTRATION (THE "FDA") IMPOSES MEDICAL DEVICE OR OTHER REGULATIONS THAT AFFECT OUR PRODUCTS, THE COSTS OF DEVELOPING, MANUFACTURING AND MARKETING OUR PRODUCTS WILL BE INCREASED.
The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices or biologics usually must undergo a lengthy, uncertain and expensive approval process. In 1996, the FDA determined that AlloDerm used for the repair or replacement of damaged or inadequate integumental tissue (i.e. "tissue lining the surface of the body or a body cavity") would be regulated as transplanted human tissue. On that basis, we
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continued commercial distribution of this product for plastic reconstructive, burn and periodontal surgery. In its decision with respect to the regulation of AlloDerm, the FDA stated that the regulatory status of any different uses, such as a void filler for soft tissue, for cosmetic augmentation procedures or as a wound healing agent, would need to be determined on a case-by-case basis.
In 1999, we began marketing the following products as human tissue:
- Repliform, a version of AlloDerm, for urological and gynecological surgical procedures; and
- Cymetra, a version of AlloDerm in a particulate form, for non-surgical correction of soft tissue defects.
Repliform is used as a bladder sling for the treatment of urinary incontinence and for the repair of pelvic floor defects. Cymetra is used for the correction of soft tissue deficits, such as acne or other depressed scars, and to restore tissue loss from disease. In November 2000, the FDA wrote to us and requested detailed information about Repliform and Cymetra, including copies of existing labeling and advertising, a description of product composition and processing, and other information supporting our belief that each of these products is human tissue. In February 2001, we provided a detailed submission responding to the FDA`s request. In June 2001, we received a letter from the FDA indicating that each of these products, as currently marketed, meet the definition of transplanted human tissue.
We cannot assure that products we develop in the future will similarly be regulated as human tissue. The regulation of each new product we develop will be decided by the FDA on a case-by-case basis. If the FDA chooses to regulate any of our future products as a medical device or biologic, the process of obtaining FDA approval would be expensive, lengthy and unpredictable. We anticipate that it could take from one to three years or longer to obtain such approval. We do not know if such approval could be obtained in a timely fashion, or at all. Such approval process would almost certainly include a requirement to provide extensive supporting clinical data.
In addition, the FDA requires that devices and biologics be produced in accordance with the Quality System Regulation for medical devices or Good Manufacturing Practice regulation for biologics.
As a result, our manufacturing and compliance costs would increase and any such future device and biologic products would be subject to more comprehensive development, testing, monitoring and validation standards.
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A few states impose their own regulatory requirements on transplanted human tissue. We believe that we are in compliance with such regulations. There can be no assurance that the various states in which our products are sold will not impose additional regulatory requirements or marketing impediments on our products.
THE FDA CAN IMPOSE CIVIL AND CRIMINAL ENFORCEMENT ACTIONS AND OTHER PENALTIES ON US IF WE FAIL TO COMPLY WITH THE STRINGENT FDA REGULATIONS AT OUR TISSUE FACILITIES.
Failure to comply with any applicable FDA requirements could result in civil and criminal enforcement actions and other fines and penalties that would increase our expenses and adversely affect our cash flows. Tissue establishments must engage in:
- donor screening and infectious disease testing; and
- stringent record keeping.
As a result, our involvement in the processing and distribution of human tissue requires us to ensure that proper donor screening and infectious disease testing are done appropriately and conducted under strict procedures. In addition, we must maintain records, which are available for FDA inspectors documenting that the procedures were followed. The FDA has authority to conduct inspections of tissue establishments and to detain, recall, or destroy tissue if the procedures were not followed or appropriate documentation is not available.
The FDA has issued proposed rules that would impose additional donor suitability and Current Good Tissue Practice requirements on manufacturers of tissue-based products. If these or similar requirements actually become law, we will likely incur additional manufacturing and compliance costs for our tissue-based products, including AlloDerm, Repliform and Cymetra.
Labeling and promotional activities are also subject to scrutiny by the FDA and, in certain instances, by the Federal Trade Commission. From time to time, the FDA may modify such requirements, imposing additional or different requirements which may require us to alter our business methods.
THE NATIONAL ORGAN TRANSPLANT ACT COULD BE INTERPRETED IN A WAY THAT COULD REDUCE OUR REVENUES AND PROFITABILITY.
Procurement of certain human organs and tissue for transplantation is subject to the restrictions of National Organ Transplant Act, which prohibits the acquisition of certain human organs, including skin and related tissue for valuable consideration, but permits the payment of reasonable expenses associated with the procurement, transportation, processing, preservation, quality control and storage of human tissue, including skin. We reimburse tissue banks for expenses incurred that are associated with the recovering and
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transportation of donated human skin that we process into AlloDerm, Repliform, Cymetra and allograft skin as a temporary wound dressing. In addition to amounts paid to tissue banks to reimburse them for their expenses associated with the procurement and transportation of human skin, we include in our pricing structure certain costs associated with:
- processing;
- preservation;
- quality control and storage of the tissue; and
- marketing and medical education expenses.
National Organ Transplant Act payment allowances may be interpreted to limit the amount of costs and expenses that we may recover in our pricing for our products thereby negatively impacting our revenues and profitability. We also are potentially subject to enforcement sanctions if we are found to have violated the National Organ Transplant Act`s prohibition on the sale of human tissue.
WE ARE SUBJECT TO VARYING AND EXTENSIVE REGULATION BY FOREIGN GOVERNMENTS WHICH CAN BE COSTLY, TIME CONSUMING AND SUBJECT US TO UNANTICIPATED DELAYS.
We distribute some of our products in countries outside the United States. The regulation of our products in these countries varies. Certain countries regulate our products as a pharmaceutical product, requiring us to make extensive filings and obtain regulatory approvals before selling our product. Certain countries classify our products as transplant tissue but may restrict its import or sale. Other countries have no applicable regulations regarding the import or sale of products similar to our products, creating uncertainty as to what standards we may be required to meet.
The uncertainty of the regulations in each country may delay or impede the marketing of our products in these countries in the future or impede our ability to negotiate distribution arrangements on favorable terms. Certain foreign countries have laws similar to National Organ Transplant Act. These laws may restrict the amount that we can charge for our products and may restrict our ability to export or distribute our products to licensed not-for-profit organizations in those countries. Noncompliance with foreign country requirements may include some or all of the risks associated with noncompliance with FDA regulation as well as other risks.
INCREASING OUR REVENUES AND ACHIEVING PROFITABILITY WILL DEPEND ON OUR ABILITY TO INCREASE MARKET PENETRATION OF OUR CURRENT PRODUCTS AND TO DEVELOP AND COMMERCIALIZE NEW PRODUCTS.
Much of our ability to increase revenues and to achieve profitability and positive cash flows from operations will depend on:
- expanding the use and market penetration of our current products; and
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- the successful introduction of our products in development.
Products based on our technologies represent new methods of treatment. Physicians will not use our products unless they determine that the clinical benefits to the patient are greater than those available from competing products or therapies. Even if the advantage of our products is established as clinically significant, physicians may not elect to use such products for any number of reasons.
Consequently, physicians, health care payers and patients may not accept our current products or products under development. Broad market acceptance of our products may require the training of numerous physicians and clinicians, as well as conducting or sponsoring clinical studies to demonstrate the benefits of such products. The amount of time required to complete such training and studies could result in a delay or dampening of such market acceptance. Moreover, health care payers` approval of reimbursement for our products in development may be an important factor in establishing market acceptance.
We may be required to undertake time-consuming and costly development activities and seek regulatory clearance or approval for new products. Although we have conducted animal studies on many of our products under development which indicate that the product may be feasible for a particular application, results obtained from expanded studies may not be consistent with earlier trial results or be sufficient for us to obtain any required regulatory approvals or clearances. The completion of the development of any of our products under development remains subject to all the risks associated with the commercialization of new products based on innovative technologies, including:
- unanticipated technical or other problems;
- manufacturing difficulties; and
- the possibility of insufficient funds for the completion of such development.
WE ARE HIGHLY DEPENDENT UPON SALES OF OUR PRODUCTS THROUGH BOSTON SCIENTIFIC, OMP INC. AND DISTRIBUTORS TO GENERATE OUR REVENUES.
We have engaged:
- Boston Scientific Corporation as our exclusive worldwide sales and marketing representative for Repliform for use in the urology and gynecology markets; and
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- OMP Inc. as the exclusive sales and marketing representative of Cymetra for office-based dermatologists and plastic surgeons.
Additionally, we have granted distributors exclusive distribution rights and may grant additional distribution rights in the future. For the year ended December 31, 2000 and for the nine month period ended September 30, 2001, sales of our products through Boston Scientific Corporation, OMP Inc. and our distributors represented approximately 28%, 13% and 6% and 35%, 9% and 10% respectively, of our total product revenues. We expect sales of our products through our marketing agents and distributors to continue to increase as a percentage of total revenues. If an exclusive marketing agent, such as Boston Scientific Corporation or OMP Inc., or a distributor fails to adequately promote, market and sell our products, our revenues could be adversely affected until a replacement agent or distributor could be retained by us. Finding replacement agents and distributors could be a time consuming process during which our revenues could be negatively impacted.
WE DEPEND HEAVILY UPON A LIMITED NUMBER OF SOURCES OF HUMAN TISSUE AND ANY INTERRUPTION IN THE AVAILABILITY OF HUMAN TISSUE WOULD INTERFERE WITH OUR ABILITY TO PROCESS AND DISTRIBUTE OUR PRODUCTS.
Our business is dependent on the availability of donated human tissue. We currently receive human tissue from approximately 20 United States tissue banks. We estimate that there are at least 100 tissue banks in the United States. Although we have established what we believe to be adequate sources of donated human tissue to satisfy the expected demand for our products in the foreseeable future, we cannot be sure that donated human tissue will continue to be available at current levels or will be sufficient to meet our needs. If our current sources can no longer supply human tissue or our requirements for human tissue exceed their current capacity, we may not be able to locate other sources. Any significant interruption in the availability of human tissue would likely cause us to slow down the processing and distribution of our products.
NEGATIVE PUBLICITY CONCERNING THE USE OF DONATED HUMAN TISSUE IN RECONSTRUCTIVE COSMETIC PROCEDURES COULD REDUCE THE DEMAND FOR OUR PRODUCTS AND MAY NEGATIVELY IMPACT THE SUPPLY OF AVAILABLE DONOR TISSUE.
Although we do not promote the use of our products for cosmetic applications, clinicians may use our products in applications or procedures that may be considered "cosmetic." Negative publicity concerning the use of donated human tissue in cosmetic procedures could reduce the demand for our products or negatively impact the willingness of families of potential donors to agree to donate tissue or tissue banks to provide tissue to us for processing.
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THE BIOMEDICAL FIELD WHICH WE ARE IN IS HIGHLY COMPETITIVE AND SUSCEPTIBLE TO RAPID CHANGE AND SUCH CHANGES COULD RENDER OUR PRODUCTS OBSOLETE.
The biomedical field is undergoing rapid and significant technological change. Our success depends upon our ability to develop and commercialize efficient and effective products based on our technologies. There are many companies, including Regeneration Technologies, Inc., Collagenesis, Inc., Cook, Inc. and its affiliates, Cryolife, Inc., Organogenesis, Inc., Advance Tissue Sciences, Inc. and Integra Life Sciences Holdings Corporation, and academic institutions, including Rice University, The University of Pittsburgh and Georgia Institute of Technology, that are capable of developing products based on similar technology. Some or all of these competitors have developed and are capable of developing products based on other technologies, which are or may be competitive with our products. Many of these companies and academic institutions are well-established, and have substantially greater financial and other resources, research and development capabilities and more experience in conducting clinical trials, obtaining regulatory approvals, manufacturing and marketing than we do. These companies and academic institutions may succeed in developing competing products that are more effective than our products, or that receive government approvals more quickly than our products, which may render our products or technology uncompetitive, uneconomical or obsolete.
THE ABILITY TO OBTAIN THIRD-PARTY REIMBURSEMENT FOR THE COSTS OF NEW MEDICAL TECHNOLOGIES IS LIMITED.
Generally, hospitals, physicians and other health care providers purchase products, such as the products being sold or developed by us, for use in providing care to their patients. These parties typically rely on third-party payers, including:
- Medicare;
- Medicaid;
- private health insurance; and
- managed care plans
to reimburse all or part of the costs of acquiring those products and costs associated with the medical procedures performed with those products. Third-party payers have adopted cost control measures in recent years that have had and may continue to have a significant effect on the purchasing practices of many health care providers, generally causing them to be more selective in the purchase of medical products. Significant uncertainty exists as to the reimbursement status of newly approved health care products. We believe that certain third-party payers provide reimbursement for medical procedures at a specified rate without additional reimbursement for products, such as those being sold or developed by us, used in such procedures. Adequate third-party payer reimbursement may not be available for us to maintain price levels sufficient for realization of an appropriate return on our investment in
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developing new products. The FDA generally permits transplanted human tissue to be commercially distributed without obtaining prior FDA approval of the product. In contrast, products regulated as medical devices usually require such approval. Certain government and other third-party payers refuse, in some cases, to provide any coverage for uses of products for indications for which the FDA has not granted marketing approval. Further, certain of our products are used in medical procedures that typically are not covered by third-party payers or for which patients sometimes do not obtain coverage. These and future changes in third-party payer reimbursement practices regarding the procedures performed with our products could adversely affect the market acceptance of our products.
OUR SUCCESS DEPENDS ON THE SCOPE OF OUR INTELLECTUAL PROPERTY RIGHTS AND NOT INFRINGING THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS. THE VALIDITY, ENFORCEABILITY AND COMMERCIAL VALUE OF THESE RIGHTS ARE HIGHLY UNCERTAIN.
Our ability to compete effectively with other companies is materially dependent upon the proprietary nature of our technologies. We rely primarily on patents and trade secrets to protect our technologies. We currently license:
- the exclusive right to nine United States patents and related foreign patents; and
- non-exclusive rights to 14 patents.
In addition, we:
- have been issued one United States design patent and five United States utility patents; and
- have seven United States patent applications pending.
Third parties may seek to challenge, invalidate, circumvent or render unenforceable any patents or proprietary rights owned by or licensed to us based on, among other things:
- subsequently discovered prior art;
- lack of entitlement to the priority of an earlier, related application; or
- failure to comply with the written description, best mode, enablement or other applicable requirements.
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In general, the patent position of biotechnology and medical product firms is highly uncertain, still evolving and involves complex legal, scientific and factual questions. We are at risk that:
- other patents may be granted with respect to the patent applications filed by us; and
- any patents issued or licensed to us may not provide commercial benefit to us or will be infringed, invalidated or circumvented by others.
The United States Patent and Trademark Office currently has a significant backlog of patent applications, and the approval or rejection of patents may take several years. Prior to actual issuance, the contents of United States patent applications are generally not made public. Once issued, such a patent would constitute prior art from its filing date, which might predate the date of a patent application on which we rely. Conceivably, the issuance of such a prior art patent, or the discovery of "prior art" of which we are currently unaware, could invalidate a patent of ours or our licensor or prevent commercialization of a product claimed thereby.
Although we generally conduct a cursory review of issued patents prior to engaging in research or development activities, we may be required to obtain a license from others to commercialize any of our new products under development. If patents that cover our existing or new products are issued to other companies, there can be no assurance that any necessary license could be obtained on favorable terms or at all.
There can be no assurance that we will not be required to resort to litigation to protect our patented technologies or other proprietary rights or that we will not be the subject of additional patent litigation to defend our existing or proposed products or processes against claims of patent infringement or other intellectual property claims. Any of such litigation could result in substantial costs and diversion of our resources.
We also have applied for patent protection in several foreign countries. Because of the differences in patent laws and laws concerning proprietary rights, the extent of protection provided by United States patents or proprietary rights owned by or licensed to us may differ from that of their foreign counterparts.
We may decide for business reasons to retain certain knowledge that we consider proprietary as confidential and elect to protect such information as a trade secret, as business confidential information or as know-how. In that event, we must rely upon trade secrets, know-how and continuing technological innovation to maintain our competitive position. There can be no assurance that others will not independently develop substantially equivalent proprietary information or otherwise gain access to or disclose such information.
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WE ARE EXPOSED TO PRODUCT LIABILITY CLAIMS FOR WHICH OUR PRODUCT LIABILITY INSURANCE MAY BE INADEQUATE.
Our business exposes us to potential product liability risks inherent in the testing, manufacturing and marketing of medical products. We cannot be certain that:
- our insurance will provide adequate coverage against potential liabilities;
- adequate product liability insurance will continue to be available in the future; or
- our insurance can be maintained on acceptable terms.
The obligation to pay any product liability claim in excess of whatever insurance we are able to acquire would increase our expenses.
We use donated human tissue as the raw material for our products. The non-profit organizations that supply such tissue are required to follow FDA regulations for screening donors for potential disease transmission. Such procedures include donor testing for certain viruses, including HIV. Our manufacturing process also has been demonstrated to inactivate concentrated suspensions of HIV. While we believe such procedures are adequate to reduce the threat of disease transmission, there can be no assurance that:
- our products will not be associated with transmission of disease; or
- a patient otherwise infected with disease would not erroneously assert a claim that the use of our products resulted in the disease transmission.
Any such transmission or alleged transmission could have a material adverse effect on our ability to manufacture or market our products and could result in litigation.
OUR FAILURE TO COMPLY WITH REGULATIONS REGARDING DISPOSAL OF HAZARDOUS MATERIALS COULD RESULT IN THE IMPOSITION OF PENALTIES, FINES OR SANCTIONS.
Our research and development and processing techniques generate waste that is classified as hazardous by the United States Environmental Protection Agency and the New Jersey Natural Resources Commission. We segregate such waste and dispose of it through licensed hazardous waste transporters. Although we believe we are currently in compliance in all material respects with applicable environmental regulations, our failure to comply fully with any such regulations could result in the imposition of penalties, fines or sanctions.
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FUTURE SALES OF OUR COMMON STOCK MAY DEPRESS OUR STOCK PRICE.
Sales of a substantial number of shares of our common stock in the public market could cause a reduction in the market price of our common stock. We had 20,312,504 shares of common stock issued and outstanding as of January 15, 2002. As of that date, all of those shares were eligible for sale under Rule 144 or are otherwise freely tradable, excluding the 478,001 shares registered for resale under this prospectus. In addition, 5,564,630 options and warrants were outstanding as of January 15, 2002. As of January 15, 2002, 4,087,155 of those stock options and warrants are vested and the remainder will vest within the next four years. We also have 101,726 shares of Series B preferred stock issued and outstanding as of January 15, 2002, which are convertible, at the option of the holders or automatically, in certain instances, into 3,685,736 shares of our common stock. We may also issue additional shares in connection with our business and may grant additional stock options to our employees, officers, directors and consultants under our stock option plan.
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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "anticipate," "estimate" and similar words, although some forward-looking statements are expressed differently. Forward-looking statements represent our management`s judgment regarding future events. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. All statements other than statements of historical fact included in this prospectus regarding our financial position, business strategy, products, products under development and clinical trials, markets, budgets, plans, or objectives for future operations are forward-looking statements. We cannot guarantee the accuracy of the forward-looking statements, and you should be aware that our actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including the statements under "Risk Factors" set forth above.
WHERE YOU CAN FIND MORE INFORMATION
We are subject to the information requirements of the Exchange Act. We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC. You may read and copy any document we file at the SEC`s public reference rooms at the following locations:
- Main Public Reference Room Judiciary Plaza Building 450 Fifth Street, N.W.
Washington, D.C. 20549
- Regional Public Reference Room
75 Park Place, 14th Floor
New York, New York 10007
You may obtain information on the operation of the SEC`s public reference rooms by calling 1-800-SEC-0330. We are required to file these documents with the SEC electronically. You can access the electronic versions of these filings at the SEC`s website, located at www.sec.gov.
This prospectus is part of a registration statement that we filed with the SEC. The registration statement contains more information than this prospectus regarding LifeCell and its common stock, including certain exhibits. You can get a copy of the registration statement from the SEC at the address listed above or from its web site.
The SEC allows us to "incorporate" into this prospectus information we file with it in other documents. This means that we can disclose important information to you by referring to other documents that contain that
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information. The information incorporated by reference is considered to be part of this prospectus, and information we file later with the SEC will automatically update and supersede this information. For further information about the Company and our common stock, you should refer to the registration statement and the following documents which we are incorporating by reference except to the extent information in those documents is different from the information contained in this prospectus:
- Our Annual Report on Form 10-K for the year ended December 31, 2000, filed with the SEC on March 30, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, filed with the SEC on May 15, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed with the SEC on August 13, 2001;
- Our Quarterly Report on Form 10-Q for the quarter ended September 30, 2001, filed with the SEC on November 13, 2001;
- Our Current Reports on Form 8-K filed with the SEC on July 2, 2001, July 11, 2001 and December 11, 2001;
- Our definitive Proxy Statement for our 2001 Annual Meeting of Stockholders on Schedule 14A filed with the SEC on April 26, 2001;
- The description of our common stock set forth in our registration statement on Form 8-A filed pursuant to Section 12 of the Exchange Act and declared effective by the SEC on February 27, 1992 and any amendment or report filed for the purpose of updating such description; and
- All documents we file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act after the date of this prospectus until we terminate the offering of these shares.
We will provide without charge to each person, including any beneficial owner of common stock to whom this prospectus is delivered, upon written or oral request of such person, a copy of any and all of the documents that have been incorporated by reference in this prospectus (not including exhibits to such documents unless such exhibits are specifically incorporated by reference therein). Requests for such copies should be directed to: LifeCell Corporation, 1 Millennium Way, Branchburg, NJ 08876, Attention: Secretary (telephone (908) 947-1106).
You should rely only on the information contained or incorporated by reference in this document. We have not authorized anyone to provide you with information that is different.
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The common stock is not being offered in any state where the offer is not permitted. You should not assume that the information in this prospectus is accurate as of any date other than the date on the front of this prospectus.
USE OF PROCEEDS
We will not receive any of the proceeds from the sale of the common stock by the selling stockholders named in this prospectus. All proceeds from the sale of the common stock will be paid directly to the selling stockholders.
SELLING STOCKHOLDERS
The shares are being registered to permit public secondary trading of the shares, and the selling stockholders, or their pledgees, donees, transferees or other successors-in interest, may offer all or any portion of the shares for resale from time to time. See "Plan of Distribution."
We have filed with the Commission under the Securities Act a registration statement on Form S-3, of which this prospectus forms a part, relating to the resale of the shares. We have agreed to pay expenses in connection with the registration and sale of the shares being offered by the selling stockholders. See "Plan of Distribution."
1999 Private Placement
On November 17, 1999, LifeCell and The Tail Wind Fund, Ltd. entered into a purchase agreement under which we issued to TailWind 925,000 shares of the Company`s common stock and a warrant to purchase up to an additional 200,000 shares of our common stock, subject to certain adjustments. In consideration for the issuance of the common stock and warrant, Tail Wind paid us an aggregate of $3,885,000 in cash. Under the terms of the Warrant as issued, Tail Wind is entitled to exercise the Warrant at a price of $5.46 per share of common stock, subject to certain adjustments, for an aggregate of $1,092,000 if all 200,000 shares are exercised. The exercise price of the Warrant is also subject to anti-dilution adjustments.
The shares being registered herein were issued to Tail Wind pursuant to certain purchase price protection provisions contained in the purchase agreement. In addition, the exercise price of the Warrant has been adjusted to $1.96 per share pursuant to similar provisions contained in the Warrant. As a result of the adjustment of the exercise price of the Warrant, we would receive an aggregate of $392,000 if all 200,000 shares are exercised.
Based on information provided by the selling stockholders, the following table lists:
- the name of the selling stockholders;
- the number of shares of common stock beneficially owned before the commencement of the offering;
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- the number of shares of common stock offered for resale in this offering; and
- the number of shares and percentage of common stock owned after this offering, assuming the sale of all shares offered in this offering by each selling stockholder.
Number of Common stock beneficially
Shares of owned after the offering
Common -----------------------------
Stock Shares
Selling Beneficially Being Number Percent of
Stockholders Owned Offered of Shares Outstanding
------------------------- -------------- ------- ---------------- -----------
The Tail Wind Funds, Ltd. 660,637 (1)(2) 478,001 1,138,636 (1)(2) 5.5
_________________
(1) Includes shares of common stock purchased in a private placement in
November 1999 which shares have been previously registered for resale
by us.
(2) Includes 200,000 shares of common stock issuable upon the exercise of
warrants purchased in November 1999.
PLAN OF DISTRIBUTION
The selling stockholders, their pledgees, donees, transferees or other successors-in-interest may from time to time, sell all or a portion of the shares in privately negotiated transactions or otherwise, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices related to these market prices or at negotiated prices.
The selling stockholders may sell the shares by one or more of the following methods:
- a block trade in which the broker or dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;
- purchases by a broker or dealer as principal and resale by such broker or dealer for its account pursuant to this prospectus;
- an exchange distribution in accordance with the rules of the applicable exchange;
- ordinary brokerage transactions and transactions in which the broker solicits purchasers;
- privately negotiated transactions;
- short sales;
- a combination of any such methods of sale; and
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- any other method permitted pursuant to applicable law.
The selling stockholders are not restricted as to the price or prices at which they may sell their shares. Sales of shares by the selling stockholders may depress the market price of our common stock since the number of shares which may be sold by the selling stockholders is relatively large compared to the historical average weekly trading of our common stock. Accordingly, if the selling stockholders were to sell, or attempt to sell, all of such shares at once or during a short time period, we believe such transactions could adversely affect the market price of our common stock.
From time to time the selling stockholders may engage in short sales, short sales against the box, puts and calls and other transactions in our securities or derivatives of our securities, and can sell and deliver the shares in connection with any of these transactions or in settlement of securities loans. From time to time the selling stockholders may pledge their shares under margin provisions of their customer agreements with their brokers. Upon a default by the selling stockholders, the broker may offer and sell the pledged shares from time to time.
In effecting sales, brokers and dealers engaged by the selling stockholders may arrange for other brokers or dealers to participate in the sale. Brokers or dealers may receive commissions or discounts from the selling stockholders or, if the broker-dealer acts as agent for the purchaser of such shares, from the purchaser in amounts to be negotiated. Broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share, and to the extent the broker-dealer is unable to do so acting as agent for the selling stockholders, to purchase as principal any unsold shares at the price required to fulfill the broker-dealer commitment to the selling stockholders. Broker-dealers who acquire shares as principal may then resell those shares from time to time in transactions:
- in the over-the counter market or otherwise;
- at prices and on terms then prevailing at the time of sale;
- at prices then related to the then-current market price; or
- in negotiated transactions.
These resales may involve block transactions or sales to and through other broker-dealers, including any of the transactions described above. In connection with these sales, these broker-dealers may pay to or receive from the purchasers of those shares commissions as described above. The selling stockholders may also sell the shares under Rule 144 under the Securities Act, rather than under this prospectus.
The selling stockholders and any broker-dealers or agents that participate with the selling stockholders in sales of the shares may be deemed to be "underwriters" within the meaning of the Securities Act in connection with these
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sales. In this event, any commissions received by these broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. Because selling stockholders may be deemed to be "underwriters" within the meaning of the Securities Act, the selling stockholders will be subject to the prospectus delivery requirements of the Securities Act.
We are required to pay all fees and expenses incident to the registration of the shares. We have agreed to indemnify the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act. The selling stockholders may agree to indemnify any agent, dealer or broker-dealer that participates in transactions involving sales of the shares against certain liabilities, including liabilities arising under the Securities Act. The selling stockholders will be required to pay commissions and brokerage expenses on their sales, if any.
At the time a particular offer of shares is made, to the extent required, a supplement to this prospectus will be distributed which will identify and set forth the following:
- the names of the selling stockholders;
- the number of shares being sold;
- the price;
- commissions being paid;
- that there has been no investigation by broker-dealer; and
- any other facts material to the transaction.
The selling stockholders are subject to applicable provisions of the Exchange Act and the Commission`s rules and regulations, including Regulation M, which provisions may limit the timing of purchases and sales of the shares by the selling stockholders. We will make copies of this prospectus available to the selling stockholders and have informed them of the need to deliver copies of this prospectus to purchasers at or prior to the time of any sale of the shares.
In order to comply with certain states` securities laws, if applicable, the selling stockholders may sell the shares in those jurisdictions only through registered or licensed brokers or dealers. In certain states the selling stockholders may not sell the shares unless the shares have been registered or qualified for sale in such state, or unless an exemption from registration or qualification is available and is obtained.
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LEGAL MATTERS
The validity of the securities offered hereby have been passed upon for us by Lowenstein Sandler PC, Roseland, New Jersey.
EXPERTS
The financial statements incorporated by reference in this prospectus and elsewhere in the registration statement have been audited by Arthur Andersen LLP, independent public accountants, as indicated in their reports with respect thereto, and are included herein in reliance upon the authority of said firm as experts in accounting and auditing in giving said report.
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Prospective investors may rely only on the information contained in this prospectus. LifeCell Corporation has not authorized anyone to provide prospective investors with information different from that contained in this prospectus. This prospectus is not an offer to sell nor is it seeking an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is correct only as of the date of this prospectus, regardless of the time of the delivery of this prospectus or any sale of these securities.
LIFECELL CORPORATION
478,001 SHARES OF COMMON STOCK
PROSPECTUS
February 12, 2002
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Gute news wären mir wesentlich lieber gewesen, aber Ich denke wir haben trotzdem auf das richtige Pferd gesetzt.
Gruß Kubrick
@all
Der Aktionär
LifeCell spekulativ kaufen Datum: 12.02.2002
Zeit: 17:01
Die Analysten des Anlegermagazins "Der Aktionär" empfehlen die Aktie von LifeCell für spekulativ orientierte Anleger zum Kauf. (WKN 888910) Mit einer Marktkapitalisierung von aktuell rund 63,5 Millionen US-Dollar sei das US-Unternehmen eine der aussichtsreichsten Gesellschaften aus dem Small-Cap-Segment. Im Gegensatz zu vielen anderen Gesellschaften der Biotech/Pharma-Branche könne LifeCell bereits mit drei am Markt zugelassenen Produkten gegen Brandwunden, Akne, sowie falten und Narben aufwarten. Der Break-even werde im laufenden Geschäftsjahr bei einem Umsatz von circa 40 Millionen US-Dollar erwartet. Möglich sei ein Gewinn von 0,42 US-Dollar je Aktie. Für das kommende Jahr gehe man von einer signifikanten Umsatzsteigerung auf rund 64 Millionen US-Dollar aus. Mit einem Kurs/Gewinn-Verhältnis von 7 auf Basis der Schätzungen für 2002 und einem Kurs/Umsatz-Verhältnis von 1,6 sei die Aktie von LifeCell nicht nur im Branchenvergleich äußerst günstig bewertet. Von daher ist die Aktie von LifeCell für die Experten des Anlegermagazins "Der Aktionär" ein spekulativer Kauf.
Gruß Kubrick
Der Aktionär
LifeCell spekulativ kaufen Datum: 12.02.2002
Zeit: 17:01
Die Analysten des Anlegermagazins "Der Aktionär" empfehlen die Aktie von LifeCell für spekulativ orientierte Anleger zum Kauf. (WKN 888910) Mit einer Marktkapitalisierung von aktuell rund 63,5 Millionen US-Dollar sei das US-Unternehmen eine der aussichtsreichsten Gesellschaften aus dem Small-Cap-Segment. Im Gegensatz zu vielen anderen Gesellschaften der Biotech/Pharma-Branche könne LifeCell bereits mit drei am Markt zugelassenen Produkten gegen Brandwunden, Akne, sowie falten und Narben aufwarten. Der Break-even werde im laufenden Geschäftsjahr bei einem Umsatz von circa 40 Millionen US-Dollar erwartet. Möglich sei ein Gewinn von 0,42 US-Dollar je Aktie. Für das kommende Jahr gehe man von einer signifikanten Umsatzsteigerung auf rund 64 Millionen US-Dollar aus. Mit einem Kurs/Gewinn-Verhältnis von 7 auf Basis der Schätzungen für 2002 und einem Kurs/Umsatz-Verhältnis von 1,6 sei die Aktie von LifeCell nicht nur im Branchenvergleich äußerst günstig bewertet. Von daher ist die Aktie von LifeCell für die Experten des Anlegermagazins "Der Aktionär" ein spekulativer Kauf.
Gruß Kubrick
Press Release
SOURCE: LifeCell Corporation
LifeCell Corporation Invites You to Join Its FOURTH Quarter 2001 AND FULL YEAR Results Conference Call
BRANCHBURG, N.J., Feb. 20 /PRNewswire-FirstCall/ -- In conjunction with LifeCell Corporation`s Fourth Quarter 2001 and Full Year Earnings Release, Paul G. Thomas, Chairman, President and CEO of LifeCell Corporation will be hosting a conference call on Tuesday, February 26, 2002 at 10:00 AM EST. A listen-only, live webcast of the conference call will be available at the following link: http://www.videonewswire.com/event.asp?id=3615. (Minimum requirements to listen to the webcast: The RealPlayer software, downloadable free from http://www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet.)
What: Fourth Quarter 2001 and Full Year Earnings Release
When: Tuesday, February 26, 2002
10:00 AM EST
Conference Call Information
Participants: 800-711-5301
Access Code: LifeCell
Replay #: 888 566-0175
-- Available approximately 2 hours after event ends.
From February 26, 2002 through March 5, 2002
Contact: Steven Sobieski, VP, CFO, 908-947-1100
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.videonewswire.com/event.asp?id=3615
SOURCE: LifeCell Corporation
mfg
Kubrick
SOURCE: LifeCell Corporation
LifeCell Corporation Invites You to Join Its FOURTH Quarter 2001 AND FULL YEAR Results Conference Call
BRANCHBURG, N.J., Feb. 20 /PRNewswire-FirstCall/ -- In conjunction with LifeCell Corporation`s Fourth Quarter 2001 and Full Year Earnings Release, Paul G. Thomas, Chairman, President and CEO of LifeCell Corporation will be hosting a conference call on Tuesday, February 26, 2002 at 10:00 AM EST. A listen-only, live webcast of the conference call will be available at the following link: http://www.videonewswire.com/event.asp?id=3615. (Minimum requirements to listen to the webcast: The RealPlayer software, downloadable free from http://www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet.)
What: Fourth Quarter 2001 and Full Year Earnings Release
When: Tuesday, February 26, 2002
10:00 AM EST
Conference Call Information
Participants: 800-711-5301
Access Code: LifeCell
Replay #: 888 566-0175
-- Available approximately 2 hours after event ends.
From February 26, 2002 through March 5, 2002
Contact: Steven Sobieski, VP, CFO, 908-947-1100
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm® for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.videonewswire.com/event.asp?id=3615
SOURCE: LifeCell Corporation
mfg
Kubrick
Neues Geld von der Armee für die Thrombosol Entwicklung!
Office of Naval Research Awards LifeCell Grant for Cell Preservation Program Development
BRANCHBURG, N.J., Feb. 21 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC), a leader in developing and commercializing biological solutions to repair or replace the body`s damaged tissue, announced today that the Office of Naval Research has awarded the Company with an $824,000, three-year grant to continue funding of LifeCell`s cell preservation program.
LifeCell currently markets three biologic products -- AlloDerm(R), Cymetra(TM) and Repliform(TM) -- which are based on the Company`s proprietary tissue matrix technology that directs cellular repopulation enabling the products to become the patient`s own tissue.
The Company`s cell preservation program has been funded by, and conducted in collaboration with, the US Department of Defense and includes initiatives to develop biologic products that would enable practical blood storage and mass availability.
"We are pleased to add the Office of Naval Research to LifeCell`s long list of reputable academic and government agency collaborations," said Paul Thomas, President and CEO of Lifecell. "This agreement as well as existing relationships with the Department of Defense and the National Institute of Health further underscores LifeCell`s position as a leader in developing new solutions for cell preservation."
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm(R) for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
The Office of Naval Research coordinates, executes, and promotes the science and technology programs of the United States Navy and Marine Corps through schools, universities, government laboratories, and nonprofit and for-profit organizations. It provides technical advice to the Chief of Naval Operations and the Secretary of the Navy and works with industry to improve technology manufacturing processes. For additional information visit: http://www.onr.navy.mil.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectations for product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
Schöne Grüße
Kubrick
Office of Naval Research Awards LifeCell Grant for Cell Preservation Program Development
BRANCHBURG, N.J., Feb. 21 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC), a leader in developing and commercializing biological solutions to repair or replace the body`s damaged tissue, announced today that the Office of Naval Research has awarded the Company with an $824,000, three-year grant to continue funding of LifeCell`s cell preservation program.
LifeCell currently markets three biologic products -- AlloDerm(R), Cymetra(TM) and Repliform(TM) -- which are based on the Company`s proprietary tissue matrix technology that directs cellular repopulation enabling the products to become the patient`s own tissue.
The Company`s cell preservation program has been funded by, and conducted in collaboration with, the US Department of Defense and includes initiatives to develop biologic products that would enable practical blood storage and mass availability.
"We are pleased to add the Office of Naval Research to LifeCell`s long list of reputable academic and government agency collaborations," said Paul Thomas, President and CEO of Lifecell. "This agreement as well as existing relationships with the Department of Defense and the National Institute of Health further underscores LifeCell`s position as a leader in developing new solutions for cell preservation."
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm(R) for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
The Office of Naval Research coordinates, executes, and promotes the science and technology programs of the United States Navy and Marine Corps through schools, universities, government laboratories, and nonprofit and for-profit organizations. It provides technical advice to the Chief of Naval Operations and the Secretary of the Navy and works with industry to improve technology manufacturing processes. For additional information visit: http://www.onr.navy.mil.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectations for product development. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
Schöne Grüße
Kubrick
Entschuldigung, diesmal kommt das Geld nicht von der Armee, sondern von der Navy.
Grüße
Kubrick
Grüße
Kubrick
Jahresabschlußbericht 2001 Lifecell
LifeCell Reports Fourth Quarter and Full Year 2001 Financial Results
Reports Record Product Revenues for 2001 and Fourth Quarter Net Income
BRANCHBURG, N.J., Feb. 26 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC), a leader in the development and commercialization of biological solutions to repair or replace the body`s damaged tissue, today reported financial results for the fourth quarter and year ended December 31, 2001.
Highlights
* 2001 product revenues of $26.6 million, a 25 percent increase over 2000
* First time net income in the fourth quarter of 2001
* A decrease in net loss to $2.1 million in 2001 from $7.1 million in
2000
Fourth Quarter 2001
The Company reported product revenue of $6.7 million for the fourth quarter of 2001, up 19 percent from $5.6 million for the same period in 2000. The increase in product revenues in the fourth quarter of 2001 was largely due to increased demand for the Company`s AlloDerm(R) and Repliform(TM) products.
Net income for the fourth quarter rose to $102,000 compared to a net loss of $2.2 million in the fourth quarter of 2000. The improvement in net income was principally due to an increase in net contribution resulting from the increase in product revenue, improved efficiency in our tissue processing and reduced general and administrative expenses. At the same time, LifeCell was able to maintain its previous level of investment in research & development activities to fuel future growth of new products.
"Reaching profitability is an important milestone for LifeCell," said Paul Thomas, President and CEO of LifeCell. "We have turned our operating performance around, succeeded in our existing markets and are poised for substantial growth as we target the larger orthopedic and cardiovascular markets." Full Year 2001 Results
Product revenues for the year increased 25 percent to $26.6 million from $21.3 million in 2000. The increase in product revenues in 2001 was largely due to increased demand for the Company`s AlloDerm(R) and Repliform(TM) products.
Net loss for the year decreased to $2.1 million compared to a net loss of $7.1 million in 2000. The decrease in net loss was principally due to an increase in net contribution resulting from the increase in product revenue and a reduction in general and administrative expenses. Conference Call
As previously reported, a conference call will be conducted by LifeCell management today, February 26, 2002 at 10:00 a.m. Eastern time to discuss these operating results and related matters. You may listen to the conference call by calling (800) 711-5301 and indicating access code: LifeCell. The conference call will be recorded and an automated playback of the conference call will be available through March 5, 2002 by dialing (888) 566-0175 and indicating access code LifeCell.
A listen-only, live webcast of the conference call will be available at http://www.videonewswire.com/event.asp?id=3615. If you are unable to listen during the live webcast, the call will be archived on LifeCell`s web site http://www.LifeCell.com/about/ through March 5, 2002. About LifeCell
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm(R) for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectations for growth, product development and entry into target markets. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
Statement of
Operations Data: Three Months Ended Year Ended
December 31, December 31,
2001 2000 2001 2000
Revenues:
Product revenues $6,671,000 $5,586,000 $26,560,000 $21,330,000
Research grant
revenues 222,000 273,000 1,209,000 1,442,000
Total revenues 6,893,000 5,859,000 27,769,000 22,772,000
Costs and Expenses:
Cost of products
sold 2,060,000 2,156,000 8,862,000 6,949,000
Research and
development 1,064,000 1,104,000 4,351,000 4,523,000
General and
administrative 821,000 1,664,000 4,098,000 6,180,000
Selling and
marketing 2,793,000 3,077,000 11,978,000 11,779,000
Total costs and
expenses 6,738,000 8,001,000 29,289,000 29,431,000
Income (Loss) from
Operations 155,000 (2,142,000) (1,520,000) (6,659,000)
Interest and other
expense, net (53,000) (42,000) (550,000) (479,000)
Net Income (Loss) 102,000 (2,184,000) (2,070,000) (7,138,000)
Preferred Stock
and Deemed
Dividends (a) (1,151,000) (187,000) (1,591,000) (636,000)
Net Loss Applicable
to Common
Stockholders $(1,049,000) $(2,371,000) $(3,661,000) $(7,774,000)
Loss per Common Share -
Basic and Diluted $(0.05) $(0.15) $ (0.20) $(0.54)
Shares Used in Computing
Loss per Common Share -
Basic and
Diluted 19,964,000 16,001,000 18,240,000 14,372,000
December 31, December 31,
Balance Sheet Data: 2001 2000
Cash and cash equivalents
and short-term investments $4,900,000 $5,535,000
Working capital 8,851,000 5,330,000
Total assets 23,131,000 25,410,000
Common Stock, subject to redemption (b) 1,935,000 3,885,000
Total stockholders` equity (b) 14,833,000 8,904,000
(a) The Company recorded a deemed dividend resulting from the issuance of
additional shares of common stock in November 2001 to one of its
investors pursuant to the terms of an investment made in 1999.
(b) The 2000 stockholders` equity balance was revised to reclassify
certain shares from stockholders` equity to common stock, subject to
redemption.
Hier der link
LifeCell Reports Fourth Quarter and Full Year 2001 Financial Results
Reports Record Product Revenues for 2001 and Fourth Quarter Net Income
BRANCHBURG, N.J., Feb. 26 /PRNewswire-FirstCall/ -- LifeCell Corporation (Nasdaq: LIFC), a leader in the development and commercialization of biological solutions to repair or replace the body`s damaged tissue, today reported financial results for the fourth quarter and year ended December 31, 2001.
Highlights
* 2001 product revenues of $26.6 million, a 25 percent increase over 2000
* First time net income in the fourth quarter of 2001
* A decrease in net loss to $2.1 million in 2001 from $7.1 million in
2000
Fourth Quarter 2001
The Company reported product revenue of $6.7 million for the fourth quarter of 2001, up 19 percent from $5.6 million for the same period in 2000. The increase in product revenues in the fourth quarter of 2001 was largely due to increased demand for the Company`s AlloDerm(R) and Repliform(TM) products.
Net income for the fourth quarter rose to $102,000 compared to a net loss of $2.2 million in the fourth quarter of 2000. The improvement in net income was principally due to an increase in net contribution resulting from the increase in product revenue, improved efficiency in our tissue processing and reduced general and administrative expenses. At the same time, LifeCell was able to maintain its previous level of investment in research & development activities to fuel future growth of new products.
"Reaching profitability is an important milestone for LifeCell," said Paul Thomas, President and CEO of LifeCell. "We have turned our operating performance around, succeeded in our existing markets and are poised for substantial growth as we target the larger orthopedic and cardiovascular markets." Full Year 2001 Results
Product revenues for the year increased 25 percent to $26.6 million from $21.3 million in 2000. The increase in product revenues in 2001 was largely due to increased demand for the Company`s AlloDerm(R) and Repliform(TM) products.
Net loss for the year decreased to $2.1 million compared to a net loss of $7.1 million in 2000. The decrease in net loss was principally due to an increase in net contribution resulting from the increase in product revenue and a reduction in general and administrative expenses. Conference Call
As previously reported, a conference call will be conducted by LifeCell management today, February 26, 2002 at 10:00 a.m. Eastern time to discuss these operating results and related matters. You may listen to the conference call by calling (800) 711-5301 and indicating access code: LifeCell. The conference call will be recorded and an automated playback of the conference call will be available through March 5, 2002 by dialing (888) 566-0175 and indicating access code LifeCell.
A listen-only, live webcast of the conference call will be available at http://www.videonewswire.com/event.asp?id=3615. If you are unable to listen during the live webcast, the call will be archived on LifeCell`s web site http://www.LifeCell.com/about/ through March 5, 2002. About LifeCell
LifeCell is a leader in developing and marketing biologically based solutions for the repair and replacement of damaged or inadequate tissue in numerous different clinical applications. The Company`s proprietary patented tissue matrix technology removes all cells from allograft tissue and preserves the tissue without damaging the essential biochemical and structural components necessary for normal tissue regeneration. LifeCell currently markets three human tissue based products: AlloDerm(R) for plastic reconstructive and burn procedures through LifeCell`s direct sales force and for periodontal procedures through BioHorizons, Inc.; Cymetra(TM), a version of AlloDerm in particulate form for the correction of soft tissue defects, through LifeCell`s direct sales force and a co-promotion agreement with OMP, Inc.; and Repliform(TM), a version of AlloDerm for urology and gynecology procedures, through a marketing and distribution agreement with Boston Scientific Corporation. The Company`s development programs include the application of its tissue matrix technology to vascular, nerve and orthopedic tissue repair; investigation of human tissues as carriers for therapeutics; Thrombosol(TM), a formulation for extended storage of platelets and technologies to enhance the storage of red blood cells for transfusion.
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, such as our expectations for growth, product development and entry into target markets. Forward-looking statements represent management`s judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risks detailed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2000 and other reports filed with the Securities and Exchange Commission.
LIFECELL CORPORATION
Financial Highlights
(Unaudited)
Statement of
Operations Data: Three Months Ended Year Ended
December 31, December 31,
2001 2000 2001 2000
Revenues:
Product revenues $6,671,000 $5,586,000 $26,560,000 $21,330,000
Research grant
revenues 222,000 273,000 1,209,000 1,442,000
Total revenues 6,893,000 5,859,000 27,769,000 22,772,000
Costs and Expenses:
Cost of products
sold 2,060,000 2,156,000 8,862,000 6,949,000
Research and
development 1,064,000 1,104,000 4,351,000 4,523,000
General and
administrative 821,000 1,664,000 4,098,000 6,180,000
Selling and
marketing 2,793,000 3,077,000 11,978,000 11,779,000
Total costs and
expenses 6,738,000 8,001,000 29,289,000 29,431,000
Income (Loss) from
Operations 155,000 (2,142,000) (1,520,000) (6,659,000)
Interest and other
expense, net (53,000) (42,000) (550,000) (479,000)
Net Income (Loss) 102,000 (2,184,000) (2,070,000) (7,138,000)
Preferred Stock
and Deemed
Dividends (a) (1,151,000) (187,000) (1,591,000) (636,000)
Net Loss Applicable
to Common
Stockholders $(1,049,000) $(2,371,000) $(3,661,000) $(7,774,000)
Loss per Common Share -
Basic and Diluted $(0.05) $(0.15) $ (0.20) $(0.54)
Shares Used in Computing
Loss per Common Share -
Basic and
Diluted 19,964,000 16,001,000 18,240,000 14,372,000
December 31, December 31,
Balance Sheet Data: 2001 2000
Cash and cash equivalents
and short-term investments $4,900,000 $5,535,000
Working capital 8,851,000 5,330,000
Total assets 23,131,000 25,410,000
Common Stock, subject to redemption (b) 1,935,000 3,885,000
Total stockholders` equity (b) 14,833,000 8,904,000
(a) The Company recorded a deemed dividend resulting from the issuance of
additional shares of common stock in November 2001 to one of its
investors pursuant to the terms of an investment made in 1999.
(b) The 2000 stockholders` equity balance was revised to reclassify
certain shares from stockholders` equity to common stock, subject to
redemption.
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