Burzynski Research Institute, Inc. Reports Earnings Results for the First Quarter Ended May 31, 2022
July 15, 2022 at 01:46 am IST
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Burzynski Research Institute, Inc. reported earnings results for the first quarter ended May 31, 2022. For the first quarter, the company reported net loss was USD 0.231737 million compared to USD 0.316283 million a year ago.
Burzynski Research Institute, Inc. is engaged in the research, production, marketing, promotion and sale of certain medical chemical compounds composed of growth-inhibiting peptides, amino acid derivatives and organic acids, which are known under the trade name Antineoplastons. Antineoplastons are useful in the treatment of human cancer and is reviewing data from its Phase II clinical trials of Antineoplastons relating to the treatment of various cancers. Antineoplastons are found in the bodily fluids of humans and food. The Company conducted all the Phase II clinical trials for the treatment of a variety of cancers using the combination of Antineoplastons A10 and AS2-1. Most of the trials involve the use of intravenous formulations of Antineoplastons; however, a few trials use oral formulations. The Company has not generated any operating revenue since its inception. The Company's clinical trials are conducted at the Burzynski Clinic.