BNET Industries
Spherix Inc. (SPEX) is in the Business Services Industry
- Revenue
- Dec 31 2007
- $154.6K
- Profit
- Dec 31 2007
- ($7.7M)
- Market Cap
- Sep 04 2008
- $320.8M
Latest News and Analysis
Negotiated acquisitions
Late Proposals Lost In Project Resources, Inc., (1) the Government Accountability Office GAO placed a high burden on an offeror attempting to gain relief from a proposal lost by the government. The case involved a request for proposals RFP for environmental remediation services for the U.S. Army Corps...
Beltsville-based Spherix Inc. gets new shot at multimillion dollar
Beltsville-based Spherix Inc. has won an appeal to overturn the awarding of a 10-year, multimillion dollar national parks contract it had hoped to win last August. The decision could save 100 jobs from being lost at Spherix's call center in Cumberland. The contract to provide...
Additional Resources
The Daily Record News Briefs: November 20, 2008
Student enrollment record set The Maryland Higher Education Commission said enrollment in Maryland's two- and four-year public and private colleges and universities set a record of 337,533 students, a gain of 11,352 students, or 3.5 percent, in the fall 2008 semester. Since the previous head count 12...
Spherix Stockholders Authorize Potential Reverse Stock Split
BETHESDA, Md., Nov. 19 /PRNewswire-FirstCall/ -- Spherix Incorporated reported that at a special meeting of stockholders held on November 17, 2008, the stockholders authorized the Board of Directors to effect a reverse split of its common stock at any time within the next twelve (12) months at a...
Spherix Reports 3rd Quarter Earnings
BETHESDA, Md., Nov. 13 /PRNewswire-FirstCall/ -- Spherix Incorporated reported a net loss for the three and nine months ended September 30, 2008 of $1.7 million ($0.12 per share) and $4.8 million ($0.34 per share), respectively. Research and development and marketing costs related to the commercialization of Naturlose...
Spherix Transfers Stock Listing to Nasdaq Capital Market
BETHESDA, Md., Nov. 10 /PRNewswire-FirstCall/ -- Spherix Incorporated reported that the Nasdaq Stock Market has approved its application to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market. The common stock is expected to commence trading on the Nasdaq...
Patient Recruitment Begins in India for Phase 3 Diabetes Trial
BETHESDA, Md., Nov. 7 /PRNewswire-FirstCall/ -- Spherix Incorporated reported that patient recruitment for its Phase 3 clinical trial of its potential type 2 diabetes drug, NaturloseR, has begun in India. Expectations for India are to provide more than 300 patients spread across 35 sites for the pivotal Phase...
Spherix Receives Nasdaq Letter Extending Minimum Bid Price Compliance Period
BETHESDA, Md., Oct. 23 /PRNewswire-FirstCall/ -- Spherix Incorporated reported that on October 22, 2008, it received written notification from Nasdaq advising the Company that, because of the current instability in the financial markets, Nasdaq has suspended enforcement of the bid price and market value requirements for continued listing...
Spherix Incorporated to Seek Stockholder Approval of Reverse Stock Split
BETHESDA, Md., Sept. 8 /PRNewswire-FirstCall/ -- Spherix Incorporated announced that it will seek stockholder approval to implement a reverse stock split at a Special Meeting of Stockholders on November 17, 2008, in an effort to meet the minimum per share market price requirements for continued listing on the...
Bethesda-based Spherix narrows loss
Spherix Inc., of Bethesda, a provider of technical and regulatory consulting services to biotechnology and pharmaceutical companies, reported a first-quarter net loss of $1.9 million, or 13 cents per diluted share, on revenue of $143,000, versus a net loss of $2.3 million, or 16 cents per diluted share, on zero...
Bethesda-based Spherix Inc. hires operations chief
Spherix Inc., of Bethesda, a provider of technical and regulatory consulting services to biotechnology and pharmaceutical companies, announced the hiring of Randy Brown, a pharmaceutical industry executive, as chief of operations. Brown will monitor and oversee all aspects of Spherix's ongoing Phase 3 clinical trial regarding the use of its...
Beltsville-based Spherix's CEO leaves along with IT subsidiary
As Spherix Inc. of Beltsville reinvents itself by selling off the only revenue-generating portion of its business, the company is losing its CEO and president as well. The firm, an unusual combination of information technology and bioscience, Thursday closed the $17 million sale of its IT subsidiary,...
The Active Network Sets Up Camp with Acquisition of InfoSpherix
Acquisition Bolsters Active's Government Business and Extends Presence into Camping Market SAN DIEGO -- The Active Network, Inc. Active, a leading provider of application services technology and marketing solutions for community service and participatory sports organizations, today announced that it has finalized its acquisition of InfoSpherix, Inc., a...
News Summary
Spherix reports loss Spherix Inc., of Beltsville, a biotechnology, information services and information technology company, reported a second- quarter net loss of $1.7 million, or 12 cents per share, on revenue of $4,000, versus net income of $239,000, or 2 cents per share, on zero revenue for...
Beltsville-based Spherix Inc. reports loss
Spherix Inc., of Beltsville, a biotechnology, information services and information technology company, reported a second- quarter net loss of $1.7 million, or 12 cents per share, on revenue of $4,000, versus net income of $239,000, or 2 cents per share, on zero revenue for the corresponding period last year. Spherix...
Week in review
U.S. Foodservice sold Royal Ahold NV, the Netherlands-based operator of Giant Food, Stop & Shop and other grocery chains, said Wednesday it agreed to sell Columbia-based U.S. Foodservice to a consortium of private- equity firms for $7.1 billion. The sale cuts ties between Ahold and the food...
Maryland-based Spherix signs letter of intent to sell its stock of
Spherix to sell subsidiary Spherix Inc., of Beltsville, a biotechnology, information services and information technology company, said it signed a letter of intent to sell the stock of its subsidiary, InfoSpherix Inc., to The Active Network Inc., of San Diego. Terms were not disclosed. InfoSpherix designs, hosts...
News Summary
Lockheed receives subpoena Lockheed Martin Corp., of Bethesda, the world's biggest defense contractor, said it received a subpoena from a federal grand jury in Washington related to its bid for work with the U.S. National Archives and Records Administration. The subpoena, issued on Feb. 22, requests documents...
A Closer Look at Spherix Incorporated in 2007.
M2 PRESSWIRE-24 April 2007-www.streetinvesting.com: A Closer Look at Spherix Incorporated in 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:24042007 Please visit www.Streetinvesting.com for the full report. Wall Street was unable to continue its record breaking success Monday, as a spike in oil...
Trading Alert for Spherix, Inc.
M2 PRESSWIRE-3 April 2007-Small Cap News: Trading Alert for Spherix, Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:04042007 Spherix formerly Biospherics is sweet on health-related concerns. The company operates through two divisions: BioSpherix biotechnology and InfoSpherix information services. Its information services division consists...
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- Incorporated: 1967
- CEO: Dr. Claire L. Kruger Ph.D.
- Employees: 10
Spherix consists of a biotechnology segment, BioSpherix, and a technical and regulatory consulting business, Health Sciences. BioSpherix is Co.'s biotechnology research and development arm, developing proprietary products for commercial applications. Meanwhile Co.'s Health Sciences consulting business provides technical and regulatory consulting services to biotechnology and pharmaceutical companies, as well as aiding the Company's own R&D activities. Co. is exploring prospects for growth of its Health Sciences consulting business, including employing additional professional personnel and/or acquiring a complimentary consulting business.
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Spherix Inc. Company Info
Board of Directors
Mr. A. Paul Cox Jr.
Chairman
Mr. Douglas T. Brown
Dr. Claire L. Kruger Ph.D.
Dr. Gilbert V. Levin Ph.D.
Mr. Aris Melissaratos
Dr. Robert A. Lodder Jr., Ph.
Dr. Robert J. Vander Zanden Ph.D.
Contact Information
12051 Indian Creek Court
Beltsville, MD
301 419-3900