Nanosphere, Inc. Q1 2010 Earnings Call Transcript

Nanosphere, Inc. (NSPH)

Q1 2010 Earnings Call

May 6, 2010 11:00 am ET

Executives

William P. Moffitt III - Chief Executive Officer

J. Roger Moody Jr. – Chief Financial Officer

Michael K. McGarrity - Chief Marketing Officer

Analysts

Bruce Cranna - Jefferies & Co.

Jeff Ares - Leerink Swann

Scott Gleason - Stephens Inc.

Bill Quirk - Piper Jaffray

Operator

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Good day ladies and gentlemen and welcome to the first quarter 2010 Nanosphere, Inc. earnings conference call. My name is Carol and I'll be your coordinator for today. At this time all participants are in a listen-only mode. We will be facilitating a question-and-answer session towards the end of this conference. (Operator Instructions)

As a reminder ladies and gentlemen, this conference is being recorded for replay purposes. Before this call begins, Nanosphere would like to state that certain statements made during this conference call which are not based on historical fact may be deemed to constitute forward-looking statements within the meeting of the Private Securities Litigation Reform Act of 1995.

Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied from these forward-looking statements.

Such factors include those described from time to time in Nanosphere's filings with the United States Securities and Exchange Commission. Please note that Nanosphere undertakes no duty to update this information.

It is now my pleasure to turn the presentation over to your host for today's call, Mr. William Moffitt, President and Chief Executive Officer of Nanosphere. Sir, you may begin.