February 9, 2017 / 6:13 AM / 6 months ago

BRIEF-Molecular Partners FY 2016 net loss widens to CHF 18.6 million

Feb 9 (Reuters) - Molecular Partners AG:

* In 2016, Molecular Partners recognized total revenues of 23.0 million Swiss francs ($23.1 million)(2015: 29.1 million Swiss francs)

* Operating loss of 19.5 million francs for 2016 (2015: operating loss of 2.2 million francs)

* 2016 net loss of 18.6 million francs (2015: net loss of 0.1 million francs)

* For full year 2017, at constant exchange rates, company expects total expenses of around 50-60 million francs Source text for Eikon: Further company coverage: ($1 = 0.9957 Swiss francs) (Gdynia Newsroom)

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