XTL Biopharma (XTLB) Reports Breakeven Q2 Loss

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XTL Biopharmaceuticals Reports Second Quarter 2015 Results

September 1, 2015 9:06 AM EDT

RAANANA, Israel, Sept. 1, 2015 /PRNewswire/ -- XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB, TASE: XTL) ("XTL" or the "Company"), a clinical-stage biopharmaceutical company focused on the acquisition, development and commercialization of pharmaceutical products for the treatment of unmet clinical needs, today provided its financial and operational results for the second quarter and the six months ended June 30, 2015.

Josh Levine, Chief Executive Officer of XTL, commented, "During the second quarter, we made significant progress towards developing our clinical asset for lupus/SLE and preparing it for a planned clinical trial. In April 2015, we closed a... More