Oncothyreon Reports First Quarter 2015 Financial Results
Company to Hold Conference Call at 4:30 p.m. EDT Today
SEATTLE, May 11, 2015 - Oncothyreon Inc. (ONTY) today reported financial results for the first quarter ended March 31, 2015.
Net loss for the three months ended March 31, 2015 was $7.9 million, or $0.08 per basic and diluted share, compared with a net loss of $9.6 million, or $0.14 per basic and diluted share, for the comparable period in 2014. The $1.7 million decrease in net loss was primarily attributable to the difference in the change in the fair value of warrant liability of $2.6 million offset by increases in research and development of $1.0 million.
- Published: 14 May 2015
- Written by Editor