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Stock impact report

PLx Pharma Inc. Reports Fourth Quarter 2018 Results

PLx Pharma Inc. (PLXP) 
Last plx pharma inc. earnings: 3/13 06:50 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plxpharma.com
Company Research Source: GlobeNewswire
– Company Completes Successful $15 Million Financing – HOUSTON, March 08, 2019 (GLOBE NEWSWIRE) -- PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), a late-stage specialty pharmaceutical company initially focused on developing its clinically validated and patent-protected PLxGuard™ delivery system to provide more effective and safer products, Vazalore™ 325 mg and Vazalore™ 81 mg (referred to together as “Vazalore”™), announced today certain financial and operational results for the three- and twelve-month periods ended December 31, 2018. Highlights of, and certain events subsequent to, the fourth quarter of 2018 include: Net income totaled $2.9 million, or $0.34 per share, compared to net loss of $7.9 million, or ($0.90) per share, for the fourth quarter of 2017. This includes a non-cash gain of $5.7 million for a change in the fair value of warrant liability, or $0.65 per share; Successfully completed development scale batches to enable generation of data to be submitted Show less Read more
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