Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.00 USD
Change Today +0.075 / 8.15%
Volume 1.8M
BGMD On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 5:20 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

bg medicine inc (BGMD) Snapshot

Open
$0.96
Previous Close
$0.92
Day High
$1.05
Day Low
$0.92
52 Week High
03/28/14 - $2.08
52 Week Low
12/15/14 - $0.27
Market Cap
34.2M
Average Volume 10 Days
242.1K
EPS TTM
$-0.27
Shares Outstanding
34.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BG MEDICINE INC (BGMD)

bg medicine inc (BGMD) Related Businessweek News

No Related Businessweek News Found

bg medicine inc (BGMD) Details

BG Medicine, Inc., a diagnostics company, develops and commercializes novel cardiovascular diagnostic tests to address unmet medical needs in the United States. The company offers BGM Galectin-3 test, a novel assay for measuring galectin-3 levels in blood plasma or serum for use as an aid in assessing the prognosis of patients diagnosed with heart failure; and CardioSCORE test, which is designed to identify individuals at high risk for cardiovascular events, such as heart attack and stroke. It has license, development, and commercialization agreements with Abbott Laboratories, Alere Inc., bioMérieux SA, and Siemens Healthcare Diagnostics Inc. for the development of galectin-3 test on their automated instrument platforms; and a strategic collaboration with Abbott Laboratories to develop and commercialize galectin-3 assay kits, and related control kits and calibrators. The company was formerly known as Beyond Genomics, Inc. and changed its name to BG Medicine, Inc. in October 2004. BG Medicine, Inc. was founded in 2000 and is headquartered in Waltham, Massachusetts.

23 Employees
Last Reported Date: 03/27/14
Founded in 2000

bg medicine inc (BGMD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $258.5K
Chief Scientific Officer and Senior Vice Pres...
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

bg medicine inc (BGMD) Key Developments

BG Medicine, Inc. Receives Delisting Notice From NASDAQ

On March 10, 2015, BG Medicine, Inc. received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC indicating that, because the company did not maintain a minimum closing bid price of $1.00 and did not meet the minimum $2.5 million in stockholders’ equity, as required by NASDAQ Listing Rules 5550(a)(2) and 5550(b)(1), respectively, the company’s common stock would be subject to delisting unless it timely requests a hearing before the NASDAQ Listing Qualifications Panel. The company will request such a hearing, at which the company will request an extension within which to pursue its plan to regain and maintain compliance with all applicable requirements for continued listing on NASDAQ. The company’s common shares will remain listed and continue to trade on NASDAQ pending the hearing and the expiration of any extension granted by the Panel. However, there can be no assurance that the Panel will grant the company’s request for continued listing or that the company will be able to regain compliance within any extension period granted by the Panel.

BG Medicine Announces Receipt Of Favorable NASDAQ Listing Determination

BG Medicine, Inc. announced its receipt of a favorable decision from the Listing Qualifications Department (the "Staff") of The NASDAQ Stock Market LLC ("NASDAQ"), which granted the Company's request for continued listing on NASDAQ, pursuant to an extension within which to evidence compliance with NASDAQ Listing Rule 5550(b) (the "Rule"). In the Company's case, the Rule requires the Company to evidence either a minimum of $2.5 million in stockholders' equity or a market capitalization of at least $35 million. The Company is diligently working to evidence compliance with the Rule on or before May 19, 2015, as required by the Staff.

BG Medicine, Inc. Announces U.S. Food and Drug Administration's 510(k) Clearance for Galectin-3 Testing

BG Medicine, Inc. announced that on December 29, 2014, the U.S. Food and Drug Administration made publicly available the 510(k) clearance for premarket notification number K140436, which represents the first automated version of galectin-3 testing to receive regulatory clearance in the United States. BG Medicine, Inc. is the developer of the BGM Galectin-3 Test, which is the FDA-cleared manual microtiter plate version of the galectin-3 test, and the licensor of this first automated galectin-3 assay, which is used with the Abbott ARCHITECT fully-automated immunoassay analyzer. The new assay will be commercialized through an agreement between BG Medicine and Abbott Laboratories. As cleared by the FDA, galectin-3 testing may be used by doctors in conjunction with clinical evaluation as an aid in assessing the prognosis of patients diagnosed with chronic heart failure.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BGMD:US $1.00 USD +0.075

BGMD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alere Inc $48.18 USD +1.51
Bio-Reference Laboratories Inc $35.17 USD +0.52
BioMerieux €88.56 EUR -0.36
Laboratory Corp of America Holdings $127.15 USD +1.35
Quest Diagnostics Inc $76.22 USD +0.35
View Industry Companies
 

Industry Analysis

BGMD

Industry Average

Valuation BGMD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 9.4x
Price/Book 18.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BG MEDICINE INC, please visit www.bg-medicine.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.