Crescita Therapeutics Inc: Falls on drop in quarterly revenue

Crescita Therapeutics

24/03/2021 17:19

** Shares of commercial dermatology co  CTX.TO  fall $8.5%
to 75 Canadian cents; set for biggest daily pct loss in nearly 6
months
    ** Q4 rev falls 26% to C$2.8 mln from yr-ago  urn:newsml:reuters.com:*:nBw4ZYNlQa
    ** Reduction in aesthetic treatments and procedures in
Canada and internationally negatively impacted product sales of
premium skincare brands-CTX
    ** Net loss widens to C$592,000 from C$483,000
    ** YTD, stock up 7%

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))