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BRIEF-Veloxis FY operating loss widens to DKK 197.1 million
March 9, 2016 / 12:40 PM / 2 years ago

BRIEF-Veloxis FY operating loss widens to DKK 197.1 million

March 9 (Reuters) - Veloxis Pharmaceuticals A/S :

* FY revenue 14.2 million Danish crowns ($2.1 million) versus 123.4 million crowns year ago

* FY operating loss 197.1 million crowns versus loss 58.6 million crowns year ago

* Expect an operating loss in 2016 of 120 million - 160 million crowns compared to realized operating loss of 197 million crowns in 2015

* Net loss in 2016 is expected to be in range of 120 million - 160 million crowns compared to net loss of 176 million crowns in 2015 Source text for Eikon:

Further company coverage: ($1 = 6.8016 Danish crowns) (Gdynia Newsroom)

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