pSivida (PSDV) Reports Q3 Loss of $0.19/Share

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pSivida Corp. Provides Company Update and Reports Fourth Quarter and FY 2016 Results

September 12, 2016 4:01 PM EDT

WATERTOWN, Mass., Sept. 12, 2016 (GLOBE NEWSWIRE) -- pSivida Corp. (NASDAQ: PSDV) (ASX: PVA), a leader in the development of sustained release drug delivery products for treating eye diseases, today provided a Company update and announced financial results for its fourth quarter and fiscal year ended June 30, 2016.

Fiscal 2016 was a year of substantial progress for pSivida.  We significantly advanced Medidur for posterior segment uveitis toward planned EU and U.S. marketing applications, progressing toward a treatment with the potential to inhibit the disease for three years from a single injection without... More