April 5, 2017 / 5:11 AM / 4 months ago

BRIEF-Addex Therapeutics FY2016 net loss shrinks to CHF 3.1 mln

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April 5(Reuters) - Addex Therapeutics Ltd :

* FY net loss for the year decreased significantly to 3.1 million Swiss francs ($3.09 million)for 2016, compared to 4.2 million Swiss francs for 2015

* Cash and cash equivalents decreased by 46% to 1.4 million francs at Dec. 31, 2016, compared to 2.6 million francs at Dec. 31, 2015

Source text for Eikon:

Further company coverage: ($1 = 1.0022 Swiss francs) (Gdynia Newsroom)

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