Anthera Pharmaceuticals, Inc. (ANTH) Reports 2012 Third Quarter Financial Results and Provides Clinical Progress Update
10/25/2012 10:10:21 AM
HAYWARD, Calif., Oct. 24, 2012 -- /PRNewswire/ -- Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH), today announced financial results and business highlights for the quarter ended September 30, 2012.
Financial Results and Corporate Update:
Total operating expenses for the third quarter ended September 30, 2012 were $12.0 million, as compared to $17.6 million for the second quarter ended June 30, 2012. The decrease in operating expenses for the period is related primarily to the reduced clinical activity following the completion and wind-down of activities on the PEARL-SC study.