Alexza Pharmaceuticals, Inc.
Alexza Reports 2008 Third Quarter Financial Results and Updates Development of Product Candidates
Published in Medical Letter on the CDC and FDA, November 23rd, 2008
Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) reported financial results for the quarter and nine month period ended September 30, 2008, and provided an update on its product development candidates. The net loss for the quarter and nine month period ended September 30, 2008, as reported in accordance with accounting principles generally accepted in the United States (GAAP), was $14.7 million and $43.4 million, respectively, compared to a net loss of $10.8 million and $31.9 million in the comparable periods in 2007. Alexza had consolidated cash, cash equivalents and marketable securities (including investments held by Symphony Allegro) at September 30, 2008 of $78.0 million.
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