Sunesis Pharmaceuticals (SNSS) Misses Q2 EPS by 2c

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Sunesis Pharmaceuticals Reports Second Quarter 2015 Financial Results and Recent Highlights

July 30, 2015 7:01 AM EDT

SOUTH SAN FRANCISCO, Calif., July 30, 2015 (GLOBE NEWSWIRE) -- Sunesis Pharmaceuticals, Inc. (Nasdaq: SNSS) today reported financial results for the second quarter ended June 30, 2015. Loss from operations for the three and six months ended June 30, 2015 was $10.6 million and $19.4 million, respectively. As of June 30, 2015, cash, cash equivalents and marketable securities totaled $39.6 million.

"We remain committed to moving vosaroxin forward as an important new therapy for patients with AML, and to realizing the value of this product candidate for all our constituents," said Daniel Swisher, Chief Executive Officer of Sunesis. "As part of this effort,... More