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Article: DOV Pharmaceutical, Inc. Announces Second Quarter 2003 Results.
- Article from:
- PR Newswire
- Article date:
- August 14, 2003
CopyrightCOPYRIGHT 2003 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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DOV Pharmaceutical, Inc. today announced results for the second quarter ended June 30, 2003.
Second Quarter 2003 Performance
For the second quarter of 2003, the Company reported a net loss of $4.7 million, or $0.32 per share, compared with $3.8 million, or $0.32 per share, for the comparable period last year. For the six months ended June 30, 2003, the Company reported a net loss of $7.3 million, or $0.50 per share, compared with $7.7 million, or $0.91 per share, for the comparable period last year. At June 30, 2003, cash and cash equivalents and marketable securities totaled $54.2 million. In addition, on July 2, 2003, the Company concluded a private ...