Brief: Geneuro H1 net loss widens to 6.8 million euros

Geneuro SA

30/09/2016 06:41

Sept 30 (Reuters) - Geneuro SA  GNRO.PA : 
    * Reported on Thursday H1 operating loss of 6.8 million 
euros  ($7.63 million) versus loss of 1.6 million euros year ago 
    * H1 net loss of 6.8 million euros versus 1.7 million euros 
year ago 
    * Geneuro is executing its business strategy on track as 
presented in its IPO 
    * Expects full recruitment of CHANGE-MS in Q1 2017 on or 
ahead of schedule and to announce results in Q4 2017 as planned 
    * Geneuro projects cash utilization (excluding IPO-related 
costs) to be roughly 17 million euros for 2016, of which 
approximately 7 million euros in the second half of 2016 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBw4pVYZma 
     
 Further company coverage:  GNRO.PA   
    
 
 
 
($1 = 0.8915 euros) 
 
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