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Autoimmune Disease
AutoImmune Inc. Reports 2009 First Quarter Financial Results
May 24th, 2009
AutoImmune Inc. (OTC Bulletin Board: AIMM) reported a net loss of $170,000, or $0.01 per share basic and diluted, for the three months ended March 31, 2009, compared with a net loss of $107,000, or $0.01 per share basic and diluted, for the three months ended March 31, 2008. As of March 31, 2009, the Company reported $8.5 million in cash and marketable securities, the same amount reported as of December 31, 2008. Chairman of the Board and Chief Executive Officer Robert C. Bishop, Ph.D. stated, "Product sales in the first quarter of 2009 at Colloral LLC, our joint venture with Deseret Laboratories, Inc., were up from the fourth quarter of 2008 and from the first quarter...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-24)
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