Brief: PhaseRx reports Q4 loss per share of $0.30

PZ Wind Down

27/03/2017 13:30

March 27 (Reuters) - Phaserx Inc  PZRX.O  
    * PhaseRx reports fourth quarter and full year 2016 
financial results and provides corporate update 
    * Q4 loss per share $0.30 
    * As of December 31, 2016, company had cash, cash 
equivalents, and marketable securities of $15.5 million 
    * Believes it has sufficient cash to fund its operations for 
at least next 12 months 
    * In 2017, anticipate completing GLP toxicology and GMP 
manufacturing activities and submitting an ind for PRX-OTC in Q4 
 
Source text for Eikon:  ID:nPn6yBQ3Ma  
Further company coverage:  PZRX.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))