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Article: INTERFERON SCIENCES REPORTS 1991 OPERATING RESULTS
- Article from:
- PR Newswire
- Article date:
- March 31, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INTERFERON SCIENCES REPORTS 1991 OPERATING RESULTS
NEW BRUNSWICK, N.J., March 31 /PRNewswire/ -- Interferon Sciences,
Inc. (NASDAQ-NMS: IFSC), today reported revenues of $2,503,000 for the year ended Dec. 31, 1991, up from $622,000 the year before. Revenues in the fourth quarter of 1991 advanced to $1,283,000, from $484,000 a year ago.
The company also reported reduced losses for the year and quarter. The net loss for 1991 fell to $5,896,000 from $8,314,000 in 1990. For the fourth quarter, the net loss declined to $1,444,000, from $2,048,000, in the corresponding year-earlier period.
In July 1991, ALFERON(R) N injection, the first ...