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Tapestry Pharmaceuticals reports Q4 2005 net loss from continuing operations of $3 million

Published in Biotech Business Week, March 20th, 2006

Tapestry Pharmaceuticals, Inc. (TPPHD) announced financial results for the fourth quarter and year ended December 28, 2005.

The net loss from continuing operations for the fourth quarter of 2005 was $3 million compared to a net loss from continuing operations of $5.3 million for the fourth quarter of 2004. The net loss for the fourth quarter of 2005 was $3 million, or 87 cents basic and diluted loss per share. This compares to a net loss for the fourth quarter of 2004 of $8 million, or $2.41 basic and diluted loss per share, which included a loss from discontinued operations of $2.7 million resulting from the exit of substantially all of our Genomics Division related...

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