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As of June 30, 2016, our combined cash and financial investments amounted to CHF310.9 million compared to CHF364.7 million as of December of 31, 2015. We confirm our guidance for total operating expenses for 2016 of approximately CHF9 million to CHF10 million on average per month and average operating loss in 2016 of approximately CHF4 million to CHF5 million per month. We also maintain our total product sales guidance of approximately CHF5 million for the year. ——————————————————————————– Ronald Scott, Basilea Pharmaceutica Ltd. – CEO  ——————————————————————————– Thank you, Donato. To summarize our milestones for the second half of 2016, we will continue to increase market access to gain formulary adoption for CRESEMBA and Zevtera in key European countries. We plan http://sophiarobertsondream.denaliinstitute.org/2016/08/03/as-long-as-the-disability-of-the-applicant-does-not-harm-the-business-welcome-the-new-employee-into-your-company to conclude further license and distribution agreements for both drugs to fully leverage their commercial potential in additional territories. We are in active discussions with the FDA regarding SPAs for ceftobiprole and aim in the first half of 2017 to initiate ceftobiprole phase 3 studies necessary for a potential regulatory approval in the US. Furthermore, we remain focused on further advancing our phase 1/2a studies for our oncology drug candidates BAL101553 and BAL3833. Specifically, we http://www.aprasw.org/wwwaprasworg9564/2016/08/06/and-finally-what-can-you-do-when-youre-just-not-happy-with-that-b-and-would-like-to-turn-it-into-an-a/ plan to initiate a continuous infusion phase 1/2a study for BAL101553 in the second half.
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Teleflex is the home of Arrow, Deknatel, Hudson RCI, LMA, Pilling, Rusch and Weck trusted brands united by a common sense of purpose. Forward-Looking Statements Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management’s current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from see post what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our go right here filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K. Teleflex, the Teleflex logo, Arrow, Deknatel, Hudson RCI, LMA, Pilling, Rusch and Weck are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries. 2016 Teleflex Incorporated. All rights reserved. MC-002136 References: 1. Pandit JJ, Popat MT, Cook TM et al.
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