Momenta Phama (MNTA) Reports In-Line Q2 EPS

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Momenta Pharmaceuticals Reports Second Quarter 2017 Financial Results and Provides Corporate Update

August 2, 2017 8:00 AM EDT

 $10M milestone payment from Sandoz earned for the second anniversary of Glatopa® 20 mg as the sole FDA-approved generic on the market for patients with relapsing forms of multiple sclerosis

 Ended second quarter with a strong cash position of $457M

 CAMBRIDGE, Mass., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) today reported its financial results for the second quarter ended June 30, 2017 and provided a corporate update.

 In the second quarter Glatopa 20 mg continued to provide us with steady funding and recently earned us a $10 million... More