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BRIEF-Molecular Partners posts H1 net loss of 19.4 mln francs
August 30, 2017 / 5:10 AM / 21 days ago

BRIEF-Molecular Partners posts H1 net loss of 19.4 mln francs

Aug 30 (Reuters) - Molecular Partners Ag

* H1 cash & equivalents chf 156.9 million versus chf 169 million end march

* Says financial position in h1 2017 continued to develop in line with expectations and guidance

* Says operating loss of 16.7 million and net loss of chf 19.4 million in the first half 2017

* Says for the full year 2017, at constant exchange rates, the company expects total expenses of chf 50-60 million

* Says employed 104 ftes, up 2% year-over-year as well as compared to year-end 2016

* Says net cash used from operating activities during first half 2017 was chf 20.5 million Source text for Eikon: [file:///C:/Users/u6031885/AppData/Local/Fastwire/Download/16140 4514/Body.Html] Further company coverage: (Reporting by John Miller)

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