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IN BRIEF: ValiRx Annual Loss Narrows As Expenses Fall

Wed, 01st Jul 2020 13:10

ValiRx PLC - London-based clinical stage biotechnology company - Pretax loss narrowed in 2019 to GBP2.7 million from GBP4.8 million. Research and development costs down 42% to GBP984,457, and administrative expenses trimmed 14% to GBP1.9 million. Like in 2018, ValiRx generated no revenue.

Current stock price: 7.29 pence

Year-to-date change: down 51%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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