Ohr Pharmaceutical Reports Fiscal Third Quarter 2018 Financial Results
OHR PHARMACEUTICALS (OHRP)
Last ohr pharmaceuticals earnings: 8/8 04:01 pm
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ir.ohrpharmaceutical.com
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Source: GlobeNewswire
NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Ohr Pharmaceutical, Inc. (Nasdaq: OHRP), a pharmaceutical company developing therapies for ophthalmic diseases, today reported financial results for its fiscal third quarter ended June 30, 2018. “We continue to work with our advisor to pursue strategic alternatives with the goal of maximizing shareholder value,” said Dr. Jason Slakter, chief executive officer of Ohr Pharmaceutical. “We look forward to updating the market on our progress.” Financial Results for the Third Quarter ended June 30, 2018 For the quarter ended June 30, 2018, the Company reported a net loss of approximately $0.5 million, or ($0.01) per share, compared to a net loss of approximately $3.9 million, or ($0.07) per share in the same period of 2017.For the quarter ended June 30, 2018, total operating expenses were approximately $1.2 million, consisting of $0.8 million in general and administrative expenses, $0.1 million of research and development expenses, and $0.3
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