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Audeo Oncology (Audeo Oncology) Beginning Cash Position : $7.80 Mil (As of Sep. 2012)


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What is Audeo Oncology Beginning Cash Position?

Audeo Oncology's Beginning Cash Position for the quarter that ended in Sep. 2012 was $7.80 Mil.

Audeo Oncology's quarterly Beginning Cash Position declined from Mar. 2012 ($-0.02 Mil) to Jun. 2012 ($-0.11 Mil) but then increased from Jun. 2012 ($-0.11 Mil) to Sep. 2012 ($7.80 Mil).

Audeo Oncology's annual Beginning Cash Position declined from Jun. 2010 ($0.16 Mil) to Jun. 2011 ($0.05 Mil) and declined from Jun. 2011 ($0.05 Mil) to Jun. 2012 ($0.03 Mil).


Audeo Oncology Beginning Cash Position Historical Data

The historical data trend for Audeo Oncology's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Audeo Oncology Beginning Cash Position Chart

Audeo Oncology Annual Data
Trend Jun10 Jun11 Jun12
Beginning Cash Position
0.16 0.05 0.03

Audeo Oncology Quarterly Data
Jun11 Mar12 Jun12 Sep12
Beginning Cash Position 0.01 -0.02 -0.11 7.80

Audeo Oncology Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.


Audeo Oncology Beginning Cash Position Related Terms

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Audeo Oncology (Audeo Oncology) Business Description

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Audeo Oncology, Inc was incorporated in Delaware in June 2012. It is a late stage biopharmaceutical company utilizing its Hyaluronic Acid Chemotransport Technology, or HyACT, to target cancer drugs preferentially to tumor cells to enhance drug activity. HyACT is a flexible platform technology designed to increase the effectiveness of anti-cancer agents without increasing treatment toxicity. It seeks to reduce the risks related to drug development by using known anti-cancer drugs, and aim to enhance their commercial value by improving their effectiveness. The Company's lead HyACT product candidate, HA-Irinotecan, is currently in a pivotal Phase III clinical trial for metastatic colorectal cancer, or mCRC. HA-Irinotecan is also in an investigator-sponsored Phase II clinical trial for small cell lung cancer, or SCLC. It also has two other HyACT product candidates that have successfully completed Phase I clinical trials. In addition to its current clinical-stage product candidates, it aims to develop a pipeline of product candidates by exploiting its significant know-how in cancer stem cell biology and cancer metabolism combined with the Versatile Assembly on Stable Templates, or VAST, molecule drug discovery technology that it will in-license. The Company's lead product candidate is HyACT-targeted irinotecan, or HA-Irinotecan, for the treatment of mCRC. Irinotecan, which is marketed in major markets by Pfizer as Camptosar, is an off-patent chemotherapy drug widely used in the treatment of mCRC. Government authorities in the United States (including federal, state and local authorities) and in other countries extensively regulate the manufacture, research, clinical development, labeling, packaging, distribution, post-approval monitoring and reporting, advertising, promotion, export and import of pharmaceutical products, such as those it is developing.