aTyr Pharma (LIFE) Tops Q1 EPS by 6c

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aTyr Pharma Announces First Quarter 2016 Operating Results

May 11, 2016 4:01 PM EDT

SAN DIEGO, May 11, 2016 /PRNewswire/ -- aTyr Pharma, Inc. (Nasdaq: LIFE), a biotherapeutics company engaged in the discovery and development of Physiocrine-based therapeutics to address severe rare diseases, today announced operating results for the first quarter ended March 31, 2016.

First Quarter Results  

Research and development expenses were $12.0 million and $6.6 million for the quarters ended March 31, 2016 and 2015, respectively. The increase of $5.4 million was due primarily to a $5.8 million increase related to manufacturing costs and clinical and non-clinical development costs incurred in support... More