April 10, 2018 / 7:03 AM / 14 days ago

BRIEF-Motif Bio Says 2017 Net Loss Widened To $44.8 Mln

April 10 (Reuters) - Motif Bio PLC:

* REPORTED A NET LOSS OF $44.8 MILLION FOR 2017 COMPARED TO A NET LOSS OF $40.3 MILLION IN 2016

* GROSS CASH AND CASH EQUIVALENTS WERE $22.7 MILLION AS OF DECEMBER 31, 2017

* DEBT FINANCING OF $20 MILLION SUCCESSFULLY COMPLETED; $15 MILLION HAS BEEN DRAWN DOWN Source text for Eikon: Further company coverage:

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