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Home > Company Index > Drugs > Biotechnology-Medicine > Texas Biotechnology Corporation

Texas Biotechnology Corporation
AMEX: TXBI
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 NEWS FROM THE WIRES
Texas Biotech reports Q2 net loss of $4.5 mln
Aug 09 2001 04:54 AM PDT

More WIRE STORIES about this company

 PROFILE
Texas Biotechnology is roundin' up some medical breakthroughs. It has received FDA approval for Argatroban, an anticoagulant used to treat heparin-induced thrombosis. The drug is being marketed in the US and Canada by partner GlaxoSmithKline. Drug candidates in the company's pipeline include a potential treatment for asthma being developed with Schering-Plough; a therapy for pediatric asthma being developed by the firm's German subsidiary, Revotar Biopharmaceuticals; and high blood pressure drugs. Texas Biotechnology counts among its research partners LG Chemical and ICOS-Texas Biotechnology, a joint venture it formed with fellow drug developer ICOS.

 COMPETITION
Abbott Laboratories (ABT)
Actelion Ltd. (dossier)
Sanofi-Synthélabo (SAN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 15.50
1-Yr. Sales Growth: 638.1%
Employees: 88
Revenue per employee: $176,136.36

 KEY PEOPLE
• David B. McWilliams
    CEO

 CONTACT INFO
7000 Fannin St., Ste. 1920
Houston, TX 77030
US
Phone: 713-796-8822
Fax: 713-796-8232
Online: Web Site

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