LecTec Corp Announces Year End 2010 Results

May 2011
Biomedical Market Newsletter;5/21/2011, p916
The article provides details on the intellectual property licensing and holding company LecTec Corp.'s fiscal 2010 financial statement. The company's cash and cash equivalents have decreased 8,689,280 dollars for the year ended December 31 2010 to 7,076,827 dollars, from cash and cash equivalents of 15,766,107 dollars at December 31, 2009. In addition, the company had investments in certificates of deposits of 1,959,573 with maturities of 6 months or less at December 31 2010.


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