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Adolor Corporation

Biopharmaceutical company reports loss of $0.22 per share

Published in Elder Law Weekly, December 1st, 2004

Adolor Corporation (ADLR) reported financial results for the 3 and 9 months ended September 30, 2004.

For the 3 months ended September 30, 2004, the company reported a net loss of $8.7 million or $0.22 per basic and diluted share, compared to a net loss of $13.8 million or $0.44 per basic and diluted share in the 3 months ended September 30, 2003.

For the 9 month period ended September 30, 2004, the company reported a net loss of $32.0 million or $0.82 per basic and diluted share, compared to a net loss of $36.7 million or $1.16 per basic and diluted share for the same period in 2003.

"The third quarter was highlighted by the...

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