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By March 21, 2017 0 Comments

CFRX: Phase 2 Trial of CF-301 to Initiate in mid-2017

As expected, the company did not report any revenues for the quarter or the full year. For the full year, the company reported a net loss of $ 28.5 million, or $ 0.85 per share, which was comprised of $ 22.1 million in R&D expenses and $ 11.4 million in G&A expenses. The company exited 2016 with approximately $ 35.2 million in cash, cash equivalents, and marketable securities.

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