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Nervgen Pharma Corp (NGEN)

Nervgen Pharma Corp (NGEN)
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Nanogen's is a supplier of molecular diagnostic tests to the medical community and to clinical researchers. They commercialize instruments, consumables, electronic microarrays and reagents through a direct sales force and distributors in North America, Europe and Asia. The Company also provide a highly experienced technical support staff and Field Application Specialists dedicated to helping their customers around the world. The NanoChip(r) Molecular Biology Workstation, the Company's first commercial product, is an automated, multi-purpose instrument primarily used for DNA-based analyses. Researchers in the field of molecular biology and genetics use the platform to study how genes function and to understand the correlation between genetic variation and disease. The NanoChip(r) System can also be used for human identification, important in the forensics field. Their products are ASRs/Applications, NanoChip(r) MBW Workstation, NanoChip(r) 400 System, NanoChip(r) Electronic Microarray and Consumables.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2008 Dec, 2007 Dec, 2006 Dec, 2005 Dec, 2004
Sales 46,920 38,180 26,850 12,540 5,370
Sales Growth +22.89% +42.20% +114.11% +133.52% -85.94%
Net Income -38,100 -33,940 -49,070 -96,490 -38,900
Net Income Growth -12.26% +30.83% +49.15% -148.05% -14.61%
(Values in U.S. Thousands) Dec, 2008 Dec, 2007 Dec, 2006 Dec, 2005 Dec, 2004
Total Assets 87,000 98,350 119,250 98,080 176,020
Total Assets Growth -11.54% -17.53% +21.58% -44.28% +78.97%
Total Liabilities 77,910 56,840 59,040 23,580 18,500
Total Liabilities Growth +37.07% -3.73% +150.38% +27.46% -67.45%
(Values in U.S. Thousands) Dec, 2008 Dec, 2007 Dec, 2006 Dec, 2005 Dec, 2004
Operating Cash Flow -35,250 -38,440 -34,610 -29,490 0
Operating Cash Flow Growth +8.30% -11.07% -17.36% unch unch
Net Cash Flow -5,450 5,060 -9,170 6,820 0
Change in Net Cash Flow -207.71% +155.18% -234.46% unch unch
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