Akcea Reports Financial Results and Highlights for Fourth Quarter and Year End 2017
AKCEA THERAPEUTICS (AKCA)
Last akcea therapeutics earnings: 2/25 04:05 pm
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US:NASDAQ Investor Relations:
ir.akceatx.com/media-investors/press-releases
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Source: GlobeNewswire
Preparing for mid-2018 approval and launch of volanesorsen for FCS in the US, EU and Canada Advancing the pipeline with four Phase 2 trials underway and data planned from two studies in 2018 Conference Call Webcast Monday, February 26, 4:30 p.m. ET at www.akceatx.com CAMBRIDGE, Mass., Feb. 26, 2018 (GLOBE NEWSWIRE) -- Akcea Therapeutics, Inc. (NASDAQ:AKCA), an affiliate of Ionis Pharmaceuticals, Inc., today reported financial results for the fourth quarter and year ended December 31, 2017. Akcea is focused on developing and commercializing drugs to treat patients with serious cardiometabolic diseases. The company reported an operating loss for the fourth quarter and year ended December 31, 2017 on a GAAP basis of $25 million and $109 million, respectively, and on a pro forma basis of $19 million and $91 million, respectively. Akcea had $260 million of cash, cash equivalents and short-term investments as of December 31, 2017. “With our marketing submissions accepted in the US, EU
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