AcuTect sales add to Diatide results
In its first quarterly statement since it began selling its AcuTect acute venous thrombosis agent, radiopharmaceutical firm Diatide last month reported fiscal and fourth-quarter (end-December) 1998 results. The Londonderry, NH, company’s year-end
In its first quarterly statement since it began selling its AcuTect acute venous thrombosis agent, radiopharmaceutical firm Diatide last month reported fiscal and fourth-quarter (end-December) 1998 results. The Londonderry, NH, companys year-end revenues were $6.4 million, compared with $4.1 million in 1997. The companys net loss for the year was $10.2 million, compared with $11 million the year before.
Diatides annual revenues for both 1997 and 1998 were primarily due to milestone payments from sales and marketing partner Nycomed Amersham. Nycomed paid Diatide $4 million in 1998, when it filed a new drug application for NeoTect, a lung cancer imaging agent, and when it received Food and Drug Administration clearance for AcuTect (SCAN 10/14/98). Diatides 1997 revenues included a $2 million milestone payment from Nycomed for Diatides NDA for AcuTect.
Diatides fourth-quarter revenues were $717,000, up from $510,000 the year before. Its net loss for the fourth quarter was $3.4 million, compared with $3.8 million in 1997. AcuTect contributed $177,000 to Diatides fourth-quarter revenues, a number that company executives acknowledged was disappointing. The firm attributed the slow start to the complexity of its marketing effort: In October AcuTect was introduced to physicians who make diagnoses, and in January it was presented to referring physicians.
Meta-Analysis Shows No Difference Between bpMRI and mpMRI in Ruling Out csPCa
March 6th 2025In an 18-study meta-analysis involving over 4,600 patients, researchers found that bpMRI and mpMRI had equivalent pooled negative predictive value (NPV) of 92 percent for clinically significant prostate cancer (csPCa).
Is MRI Contrast Enhancement Necessary for Long-Term Monitoring of Diffuse Glioma?
March 4th 2025In a comparison of contrast-enhanced T1-weighted (CET1w) MRI (and T2-weighted MRI/FLAIR imaging, researchers found that only three out of 82 cases of glioma progression were solely detected with CET1w MRI.
