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Article: Novavax Reports Third Quarter 2009 Financial Results.
- Article from:
- PR Newswire
- Article date:
- November 6, 2009
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ROCKVILLE, Md., Nov. 6 /PRNewswire-FirstCall/ -- Novavax, Inc. today announced financial results for the third quarter ended September 30, 2009 and reviewed its recent accomplishments and upcoming milestones.
Novavax's net loss for the third quarter of 2009 was $7.5 million, or $0.08 per share, compared to a net loss of $7.8 million, or $0.12 per share, for the same period last year.
For the nine-month period ended September 30, 2009, the net loss was $24.4 million, or $0.30 per share, compared to a net loss of $25.0 million, or $0.40 per share, for the comparable period in 2008. The decrease in the net loss was primarily due to a decrease in operating ...