Alcobra Ltd. (ADHD) Tops Q1 EPS by 4c

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Alcobra Announces First Quarter 2016 Financial Results and Provides Corporate Update

May 16, 2016 8:01 AM EDT

Conference Call & Webcast May 16th at 8:30 a.m. Eastern Time/5:30 a.m. Pacific Time

TEL AVIV, Israel, May 16, 2016 (GLOBE NEWSWIRE) -- Alcobra Ltd. (Nasdaq: ADHD), an emerging pharmaceutical company focused on the development of new medications to treat patients with cognitive disorders, including Attention Deficit Hyperactivity Disorder (ADHD) and Fragile X Syndrome (Fragile X), today announced financial results for the three months ended March 31, 2016, and provided a corporate update.

First Quarter Ended March 31, 2016 Financial Results:

Total operating expenses in the first quarter 2016 were $5.2 million, in... More