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Genetics company reports second quarter 2004 financial results

Published in AIDS Weekly, August 23rd, 2004

Targeted Genetics Corporation (TGEN) announced its financial results for the second quarter of 2004.

For the second quarter of 2004, the company reported a net loss of $4.5 million, or $0.05 per share, compared to $6.9 million, or $0.13 per share for the second quarter of 2003. For the 6 months ended June 30, 2004, the company reported a net loss of $9.3 million, or $0.12 per share, compared to $7.7 million, or $0.15 per share for the same period in 2003.

Revenue for the 3 months ended June 30, 2004 increased to $2.8 million compared to $2.1 million for the second quarter of 2003, and was $4.1 million for the 6 months ended June 30, 2004, compared to...

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