Citi Upgrades Anthera Pharma (ANTH) to Neutral

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Anthera Pharmaceuticals Reports 2015 First Quarter and Operational Update

May 11, 2015 5:30 PM EDT

Completed Interim Analysis from Phase 3 Trial with Blisibimod for Systematic Lupus Erythematosus Completed Interim Analysis from Phase 2/3 Trial with Blisibimod for IgA Nephropathy Increased Cash Position by $43 Million Through Equity Investment by Zenyaku and Equity Offering Received $3 Million Research Award from Cystic Fibrosis Foundation Therapeutics for Phase 3 Development of Sollpura (liprotamase)

HAYWARD, Calif., May 11, 2015 (GLOBE NEWSWIRE) -- Anthera Pharmaceuticals, Inc. (Nasdaq: ANTH) today announced financial results and an operational update for the first quarter ended March 31, 2015.

Net loss for the quarter ended March 31, 2015 was $7.7 million, compared to... More