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DX-88 and DX-890 maker reports increased net loss

Published in Clinical Trials Week, March 21st, 2005

Dyax Corp. (DYAX) announced financial results for the fourth quarter and year ended December 31, 2004.

For the quarter ended December 31, 2004, the company reported a net loss from continuing operations of $9.5 million or $0.31 per share, as compared to a net loss from continuing operations of $7.0 million or $0.28 per share for the comparable quarter of 2003.

For the year ended December 31, 2004, the company reported a net loss from continuing operations of $33.1 million or $1.06 per share, as compared to a net loss from continuing operations of $24.5 million or $1.04 per share for the year ended December 31, 2003. Due to the sale in October 2003 of...

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