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RegeneRx Biopharmaceuticals, Inc.

Biopharmaceutical company reports 2003 financial results

Published in Health Business Week, April 30th, 2004

RegeneRx Biopharmaceuticals, Inc., (RGRX) announced the results of its year ended December 31, 2003.

The company had a net loss of $1,659,875 or $0.06 per share for the year ended December 31, 2003, compared with net loss of $1,404,547 or $0.05 per share for the year ended December 31, 2002.

The net loss for 2003 resulted primarily from the continued research and development expenditures related to the conduct of phase I clinical trials to study the company's product, Thymosin Beta 4 (TB4) for the treatment of chronic dermal wounds, and the administrative costs associated with managing the company's various projects.

The...

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