Conference Call to Discuss First Quarter 2009 Financial ResultsA conference call to review results will be held on May 6, 2009 at 2 PMPacific Time.Details are below: Howard Robin, president and chief executive officer, and John Nicholson, chieffinancial officer, will host a conference call beginning at 5:00 p.m EasternTime (ET)/2:00 p.m. Nektar's technology and drug development expertise have enablednine approved products for partners, which include leading biopharmaceuticalcompanies. Nektar is also developing a robust pipeline of its own high-valuetherapeutics that addresses unmet medical needs by leveraging and expandingits technology platforms to improve and enable molecules.For more information on Nektar Therapeutics, please visit http:// press release contains forward-looking statements that reflectmanagement's current views regarding the progress and potential of thecompany's pipeline of proprietary drug candidates, the value and potential ofthe company's technology platform, and the company's position to enter intonew strategic collaborations with third parties. Bernanke`s Upbeat Report Supports a `Great Comeback` Fueled by ConsumersRALEIGH, N.C.--(Business Wire)--Business leaders are focusing too much on the timing of the macro bottom of theGreat Recession instead of planning for the bottoms that have hit or will hittheir companies. "Ben Bernanke had it right yesterday when he told the Joint Economic Committeethat the economy is beginning to bottom out and will turn upward later thisyear," says James A.
Tompkins, Ph.D., CEO of the global supply chain firmTompkins Associates. "This macro economic floor of the recession is aninteresting concept, but it is not nearly as relevant to CEOs and theircompanies as the sector-by-sector recovery timing." "Food, cosmetics, beverages, pharmaceuticals and inexpensive consumerelectronics will hit bottom in the second quarter of 2009, and businesses inthese industries are already behind if they do not have a `Great ComebackStrategy,`" he adds. (See Graph: "Economic Performance of Industry Sectors OverTime" and Graph: "Recovery by Sectors.")Tompkins has done extensive research since the beginning of the economicdownturn and has predicted exactly what is now occurring - that the worst of theGreat Recession is behind us and that recovery has begun in many industries. Forthe full data and conclusions, see Executive Briefing: The Great Recession GivesWay to the Great Comeback. In the report, Tompkins notes that the comeback began with the return ofconsumer confidence and will be followed by investor confidence. It will occurfirst in North America, then Asia, and then Europe. However, the key to makingthe most of this economic recovery still lies in the individual company bottoms."The bottom for some companies will be in the second quarter of 2009, for othersit will be in the third and fourth quarters, and for others it will come aboutin 2010," he says.
Despite the good news of an impending comeback, a number of CEOs maintain abunker mentality that places their companies and the marketplace at risk. "In aboom, there is a tendency for `experts` to assume that the good times will lastforever," says Tompkins. "And in a bust, there is a tendency to assume that thebad times will last forever. Of course neither is true." What is true is that company leaders who develop a Great Comeback Plan now willgrow their businesses and enjoy future prosperity. The Great Comeback: A 10-Part Blog SeriesAbout Tompkins AssociatesTompkins Associates designs and integrates global end-to-end solutions forcompanies that embrace supply chain excellence.