April 3, 2017 / 6:13 AM / 6 months ago

BRIEF-Poxel reports FY operating loss of 24.3 million euros

April 3 (Reuters) - Poxel SA:

* Fy operating loss of 24.3 million euros ($25.93 million) versus loss of 11.7 million euros year ago

* Fy net loss of 24.5 million euros versus loss of 12.2 million euros year ago

* Fy revenue 70,000 euros versus 59,000 eurosyear ago

* As of year-end 2016, cash and cash equivalents were eur 45.6 million

* In 2017, we anticipate several important milestones beginning with Phase 2b data results during Q2

* We plan to be in position to initiate Phase 3 program for Imeglimin in Japan during q4 of 2017 Source text for Eikon: Further company coverage: ($1 = 0.9373 euros) (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below