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Access Pharmaceuticals, Inc.

Pharmaceutical company reports loss of $0.16 per share

Published in Pharma Investments, Ventures and Law Weekly, December 26th, 2004

Access Pharmaceuticals, Inc., (AKC) reported its results for the third quarter and 9 months ended September 30, 2004.

The company reported a net loss of $2,428,000, or $0.16 per share, for the third quarter, as compared to net loss of $2,206,000, or $0.17 per share, for the corresponding quarter in 2003. The net loss for the 9-month period ended September 30, 2004, was $7,332,000, or $0.49 per share, compared with a net loss of $4,301,000, or $0.32 per share for the corresponding period in 2003.

The results in 2003 include miscellaneous income of $2.3 million resulting from the settlement of a dispute related to the supply of Aphthasol.

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