Vical (VICL) Tops Q2 EPS by 3c

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Vical Reports Second Quarter 2015 Financial Results and Progress in Key Development Programs

July 30, 2015 6:30 AM EDT

SAN DIEGO, July 30, 2015 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq: VICL) today reported financial results for the three and six months ended June 30, 2015. Net loss for the second quarter of 2015 was $2.8 million, or $0.03 per share, compared with a net loss of $4.0 million, or $0.05 per share, for the second quarter of 2014. Revenues for the second quarter of 2015 were $4.2 million, compared with revenues of $4.5 million for the second quarter of 2014, reflecting revenues from Astellas Pharma Inc. for manufacturing services performed under our ASP0113 collaborative agreements. ASP0113 is Vical's therapeutic vaccine designed to prevent cytomegalovirus (CMV) disease and associated... More