Isis Pharma (ISIS) Reports In-Line Q2 EPS
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Isis Reports Financial Results And Highlights For Second Quarter 2015
August 4, 2015 9:00 AM EDTCARLSBAD, Calif., Aug. 4, 2015 /PRNewswire/ -- Isis Pharmaceuticals, Inc. (Nasdaq: ISIS) today reported net income of $35.6 million and $18.9 million for the three and six months ended June 30, 2015, respectively, compared to a net loss of $12.1 million and $43.4 million for the same periods in 2014.  Isis' significantly improved financial results were driven primarily by the more than $90 million of revenue Isis earned in the second quarter related to the upfront payment from Bayer to license ISIS-FXIRx. Isis increased its cash position during the first half of 2015, ending June with more than $750 million in cash compared to... More
