CymaBay Therapeutics (CBAY) Tops Q2 EPS by 33c

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CymaBay Announces Second Quarter 2015 Financial Results

August 10, 2015 4:01 PM EDT

NEWARK, CA -- (Marketwired) -- 08/10/15 -- CymaBay Therapeutics, Inc. (NASDAQ: CBAY), a clinical-stage biopharmaceutical company developing therapies to treat metabolic diseases with high unmet medical need, today announced financial results for the second quarter ended June 30, 2015.

"We continue to make significant progress with our arhalofenate and MBX-8025 clinical programs," said Harold Van Wart, President and Chief Executive Officer of CymaBay. "The positive Phase 2 results we announced earlier in the year demonstrating arhalofenate's potential use in combination with febuxostat were presented at the European Congress of Rheumatology (EULAR) in June. These data... More