Fennec Provides Business Update and Announces Fiscal Year 2018 Financial Results

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Fennec Pharmaceuticals (FENC) Misses Q4 EPS by 1c

March 13, 2019 6:23 AM EDT

Fennec Pharmaceuticals (NASDAQ: FENC) reported Q4 EPS of ($0.15), $0.01 worse than the analyst estimate of ($0.14).

Fourth Quarter and Year End 2018 Financial Results

Cash Position - Cash and cash equivalents were $22.8 million as of December 31, 2018.Research & Development (R&D) Expenses - R&D expenses were $1.7 million and $5.0 million, respectively, for the fourth quarter and year ended December 31, 2018, compared to $0.8 million and $1.9... More