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Alexion Pharmaceuticals, Inc.

Pharmaceutical firm reports loss of $1.01 per share

Published in Lab Business Week, January 16th, 2005

Alexion Pharmaceuticals, Inc., (ALXN) announced financial results for its first fiscal quarter ended October 31, 2004.

Alexion reported revenues amounting to $147,000 for the first quarter ended October 31, 2004. This matched revenues of $147,000 reported for the same period last year.

Total operating expenses for the quarter were $22.3 million, compared to $19.5 million for the same quarter last year. The company's research and development expenses for the 3-month period ended October 31, 2004 were $18.7 million compared to $16.7 million for the same period last year.

The $2.0 million increase in research and development expenses...

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