Business in the Burbs

Higher losses reported at EpiCept

August

EpiCept Corp. of Eastview reported higher second-quarter losses after its successful challenge of European regulatorsâ€™ negative opinion of its leukemia treatment Ceplene.
EpiCept said it had a net loss of $7.77 million, or 15 cents a share, on revenue of $42,000. For the comparable quarter a year earlier, it had a net loss of $7.04 million, or 22 cents a share, on revenue of $100,000. The weighted average of outstanding common stock rose from 32.4 million shares to 52 million shares in the period.

This entry was posted on Monday, August 11th, 2008 at 3:49 pm by Jerry Gleeson.
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