Tag Archives: form

LPath’s Form / Fill Delay Disappoints Investors: Long-Term Buying Opportunity?

February 2, 2012   Invest

By Steven Breazzano:

Upcoming events: PEDigree phase Ib/2a preliminary data now expected late Q3 2012 or early Q4 2012

LPath, Inc. (LPTN.OB) - based in San Diego, CA engages in the development of lipidomic-based therapeutics. Utilizing its proprietary ImmuneY2™ discovery engine, the company aims to leverage its technology platform to provide monoclonal antibodies targeting bioactive lipids in a safe, efficacious, and reliable manner. LPath is an early stage biotechnology company currently involved in two efficacy trials with its partner, Pfizer (PFE), for its ocular formulation of the humanized monoclonal anti-S1P antibody (Sphingomab™). In addition, the company plans to begin its long-planned Asonep trials, the systemic formulation of its humanized monoclonal anti-S1P antibody (Sphingomab™) in renal cell carcinoma (RCC) in the next few months.

Unfortunately for holders of LPath stock, the clinical trials ground to an abrupt halt as LPath announced late last week that dosing of iSONEP will stop due to cGMP compliance


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Q&A: What form to modify excess IRA contribution?

August 16, 2011   IRA   No comments
ira
by avrene

Question by chillair23: What form to modify excess IRA contribution?
I just realized that I contributed $ 1000 to ROTH IRA for 2007, but I also contributed $ 4000 to Traditional IRA. I assume it is not ok, but I don’t know what I should do now. I don’t think it will affect my refund, but do I still need to file corrections? Thanks for any help!

Best answer:

Answer by Payroll Princess
If contributions to your Roth IRA for a year were more than the limit, you can apply the excess contribution in one year to a later year if the contributions for that later year are less than the maximum allowed for that year. A 6% excise tax applies to any excess contribution to a Roth or Traditional IRA combined. The additional tax is figured on Form 5329.

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