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Duska Therapeutics, Inc.

ATP maker reports net loss of $1,561,000 for 2004

Published in Lab Business Week, May 8th, 2005

Duska Therapeutics, Inc., (DSKT) reported its financial results for the fourth quarter and year ended December 31, 2004.

For the fourth quarter of 2004, Duska reported a net loss of $589,000 ($0.04 per share) compared to a net loss of $266,000 ($0.02 per share) for the comparable period in 2003. The net loss for the year ended December 31, 2004, was $1,561,000 ($0.10 per share), compared with a net loss of $799,000 ($0.06 per share) for the year ended December 31, 2003.

General and administrative expenses were $269,000 for the 2004 fourth quarter and $915,000 for the year ended December 31, 2004, as compared to $168,000 and $472,000 for corresponding...

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