WESTMINSTER, Colo.--(BUSINESS WIRE)--Allos Therapeutics, Inc. (Nasdaq: ALTH) today reported results for the third quarter of 2009. For the three months ended September 30, 2009, the Company reported a net loss of $18.7 million, or ($0.21) per share. This compares to a net loss of $13.2 million, or ($0.16) per share, for the third quarter of 2008. For the nine months ended September 30, 2009, the Company reported a net loss of $50.6 million, or ($0.58) per share, compared to a net loss of $37.0 million, or ($0.50) per share, for the same period last year. Net cash used in operating activities, together with the $5.8 million milestone payment under our license agreement for FOLOTYNTM (pralatrexate injection), was $47.8 million for the nine months ended September 30, 2009. Cash, cash equivalents and investments in marketable securities as of September 30, 2009 were $84.1 million. In October 2009, the Company received net proceeds of approximately $93.0 million from a public offering of 14 million shares of the Company’s common stock.
