Pharmos
News from Pharmos highlights the most recent developments
Published in Health Business Week, February 16th, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Pharmos.
Report 1: Pharmos Corporation (PARS) reported results for the third quarter, with a net loss of $4.2 million, or $0.22 per share, for the third quarter 2006, compared to a net loss of $3.3 million, or $0.17 per share, in the 2005 third quarter.
Cash and short-term investments totaled $35.3 million at September 30, 2006.
The acquisition of Vela Pharmaceuticals Inc. (Vela) was a major focus during the quarter. The transaction expands Pharmos'...
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Source: Health Business Week (2007-02-16)
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