Momenta Phama (MNTA) Posts Mixed Q1 Results

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Momenta Pharmaceuticals Reports First Quarter 2015 Financial Results

May 1, 2015 7:59 AM EDT

CAMBRIDGE, Mass., May 1, 2015 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) today reported its financial results for the first quarter ended March 31, 2015.

For the first quarter of 2015, the company reported a net loss of $(21.9) million, or $(0.40) per share, compared to a net loss of $(27.4) million, or $(0.53) per share for the same period in 2014. At March 31, 2015, the company had cash, cash equivalents, and marketable securities of $198.7 million.

"The recent FDA approval of the ANDA for Glatopa, the first generic version of daily COPAXONE 20 mg, was another proud moment for our Company," said Craig Wheeler,... More

Momenta Pharmaceuticals Reports First Quarter 2015 Financial Results

May 1, 2015 7:59 AM EDT

CAMBRIDGE, Mass., May 1, 2015 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) today reported its financial results for the first quarter ended March 31, 2015.

For the first quarter of 2015, the company reported a net loss of $(21.9) million, or $(0.40) per share, compared to a net loss of $(27.4) million, or $(0.53) per share for the same period in 2014. At March 31, 2015, the company had cash, cash equivalents, and marketable securities of $198.7 million.

"The recent FDA approval of the ANDA for Glatopa, the first generic version of daily COPAXONE 20 mg, was another proud moment for our Company," said Craig Wheeler,... More