March 9, 2017 / 6:10 PM / 6 months ago

BRIEF-Txcell net loss widens to 13.6 million euros

March 9 (Reuters) - Txcell SA:

* FY net loss of 13.6 million euros versus loss of 11.3 million euros year ago

* Operational cash burn of 10.9 million euros ($11.5 million)in 2016 compared to 12.3 million euros in 2015

* Cash and cash equivalents of 3.5 million as of December 31, 2016 compared to 9.2 million euros as of December 31, 2015

* FY revenue and other income of eur 2.9 million compared to eur 4.6 million in 2015

* FY operating loss of 12.8 million euros versus loss of 11.3 million euros year ago

* Objectives for 2017: generate additional preclinical proof-of-concept data sets, both from car-treg solid organ transplantation program and from car-treg programs

* Objectives for 2017: develop a manufacturing process for entria car-treg platform and initiate transfer to a third-party contract manufacturing organization

* Aims to be first company in the world to start a clinical trial with a CAR-Treg, in 2018 Source text for Eikon: Further company coverage: ($1 = 0.9454 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