Biota Pharma (BOTA) Swings to Q2 Loss

Go back to Biota Pharma (BOTA) Swings to Q2 Loss

Biota Pharmaceuticals Reports Second Quarter Fiscal Year 2016 Financial Results

February 5, 2016 7:00 AM EST

ATLANTA, Feb. 05, 2016 (GLOBE NEWSWIRE) -- Biota Pharmaceuticals, Inc. (NASDAQ: BOTA) today announced its financial results for the three month period ended December 31, 2015, which is the second quarter of the Company's 2016 fiscal year, and also provided an update on recent corporate developments.

I am very pleased today to report that significant progress is being made with our antiviral pipeline for respiratory indications and we remain on track to have Phase 2 data readouts in the second half of the year from both the HRV and RSV programs. Our oral RSV fusion inhibitor, BTA585, successfully completed... More