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Acendis Pharma Announces Third Quarter 2016 Financial Results
Nov. 30, 2016 01:50PM PST
Pharmaceutical InvestingAcendis Pharma today announces its financial results for the third quarter of 2016, which ended on September 30.
Acendis Pharma (NASDAQ:ASND) today announces its financial results for the third quarter of 2016, which ended on September 30.
According to the press release:
“For the third quarter of 2016, Ascendis Pharma reported a net loss of €18.3 million, or €0.72 per share (basic and diluted) compared to a net loss of €7.3 million, or €0.30 per share (basic and diluted) during the same period in 2015.”
CEO Jan Mikkelsen said the following:
The third quarter was productive and successful as we outlined our Vision 20/20 strategic roadmap, initiated the TransCon Growth Hormone Phase 3 heiGHt Trial, and announced two additional pipeline programs, TransCon Parathyroid Hormone (PTH) and TransCon C-Type Natriuretic Peptide (CNP).
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