Dominion Lending Centres Clearlease Reports Drug developer Protox Therapeutics Inc. (TSX:PRX) posts net loss of $2.4 million in Q4

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Drug developer Protox Therapeutics Inc. (TSX:PRX) reported Thursday a fourth-quarter net loss of $2.4 million, compared with a loss of $1.5 million for the same period in 2009.

That amounted to a loss of two cents per share in both periods.

The Vancouver-based company reported a net loss of $4.5 million for the full year versus a loss of $7.9 million for 2009. Revenue for the full year was $2.8 million.

Protox said it earned $3 million in licence revenue during the year from Japan’s Kissei Pharmaceutical Co.

“2010 was transformative for Protox across all fronts commencing with very positive clinical data, followed by a valuable partnership with a leading Japanese pharmaceutical company and culminating with a significant financial commitment by a major private equity group,” chief executive Fahar Merchant said in a news release.

Research and development costs for 2010 were $4.4 million, representing a $1.1 million or 20 per cent decrease from the $5.5 million in 2009.

Protox is working treatment of prostate cancer and other diseases of the prostate. Shares in the company were up two cents or 3.5 per cent at 60 cents in midday trading on the Toronto Stock Exchange.0 13,000 PROTOX THERAPEUTICS INC.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Dominion Lending Centres Clearlease Reports Drug developer Protox Therapeutics Inc. (TSX:PRX) posts net loss of $2.4 million in Q4

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Drug developer Protox Therapeutics Inc. (TSX:PRX) reported Thursday a fourth-quarter net loss of $2.4 million, compared with a loss of $1.5 million for the same period in 2009.

That amounted to a loss of two cents per share in both periods.

The Vancouver-based company reported a net loss of $4.5 million for the full year versus a loss of $7.9 million for 2009. Revenue for the full year was $2.8 million.

Protox said it earned $3 million in licence revenue during the year from Japan’s Kissei Pharmaceutical Co.

“2010 was trans-formative for Protox across all fronts commencing with very positive clinical data, followed by a valuable partnership with a leading Japanese pharmaceutical company and culminating with a significant financial commitment by a major private equity group,” chief executive Fahar Merchant said in a news release.

Research and development costs for 2010 were $4.4 million, representing a $1.1 million or 20 per cent decrease from the $5.5 million in 2009.

Protox is working treatment of prostate cancer and other diseases of the prostate. Shares in the company were up two cents or 3.5 per cent at 60 cents in midday trading on the Toronto Stock Exchange.0 13,000 PROTOX THERAPEUTICS INC.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Drug developer Protox Therapeutics Inc. (TSX:PRX) reported Thursday a fourth-quarter net loss of $2.4 million, compared with a loss of $1.5 million for the same period in 2009.

That amounted to a loss of two cents per share in both periods.

The Vancouver-based company reported a net loss of $4.5 million for the full year versus a loss of $7.9 million for 2009. Revenue for the full year was $2.8 million.

Protox said it earned $3 million in licence revenue during the year from Japan’s Kissei Pharmaceutical Co.

“2010 was transformative for Protox across all fronts commencing with very positive clinical data, followed by a valuable partnership with a leading Japanese pharmaceutical company and culminating with a significant financial commitment by a major private equity group,” chief executive Fahar Merchant said in a news release.

Research and development costs for 2010 were $4.4 million, representing a $1.1 million or 20 per cent decrease from the $5.5 million in 2009.

Protox is working treatment of prostate cancer and other diseases of the prostate. Shares in the company were up two cents or 3.5 per cent at 60 cents in midday trading on the Toronto Stock Exchange.0 13,000 PROTOX THERAPEUTICS INC.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###



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