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Lipid Sciences, Inc. (LIPD) Reports Financial Results for the Second Quarter 2008


8/14/2008 10:42:15 AM

PLEASANTON, CA--(Marketwire - August 14, 2008) - Lipid Sciences, Inc. (NASDAQ: LIPD) today reported financial results for the second quarter of 2008. For the three months ending June 30, 2008, the Company reported a net loss of $2.0 million, or $0.05 per share on a basic and diluted basis. This compares with a net loss of $2.7 million, or $0.07 per share, on a basic and diluted basis, for the same period in 2007. The financial results for the second quarter of 2007, included revenue of $137,000 related to a collaborative research agreement entered into with Elanco Animal Health in November 2006.

Read at BioSpace.com

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