Cardiome Pharma Corp. (Cardiome) is a life sciences company focused on developing drugs to treat or prevent cardiovascular diseases. The Company’s drug development efforts are focused on the treatment of atrial arrhythmias, a Phase I program for GED-aPC, an engineered analog of human activated protein C, and a pre-clinical program directed at improving cardiovascular function. As of December 31, 2008, Cardiome had five wholly owned subsidiaries: Rhythm-Search Developments Ltd., Cardiome, Inc., Artesian, Cardiome Development AG, and Cardiome UK Limited. On February 28, 2009, its wholly owned subsidiary Cardiome Research and Development (Barbados), Inc., a company incorporated under the Companies Act of Barbados, was continued into Canada under the Canada Business Corporations Act and was amalgamated with Cardiome Pharma Corp. on March 1, 2009.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Cardiome Pharma Corp.'s revenues totaled C$8.8M, up from C$658K. Net loss decreased 67% to C$13.5M. Revenues reflect an increase in licensing fees and higher research collaborative fees. Lower loss was partially offset by an increase in general & administrative expenses and lower interest & other income. The company is in drug research & development.
Company Address
Cardiome Pharma Corp.
6190 Agronomy Road 6th Floor Vancouver BC V6T 1Z3
P: +1604.6776905 F: +1604.6776915