WOBURN, Mass.--(BUSINESS WIRE)--ArQule, Inc. (NASDAQ: ARQL) today announced its financial results for the first quarter of 2011.
“In January 2011, the first patient was enrolled in our Phase 3 trial with tivantinib in combination with erlotinib for patients with non-squamous NSCLC who have received one or two prior systemic therapies”
For the quarter ended March 31, 2011, the Company reported a net loss of $1,466,000, or $0.03 per share, compared to a net loss of $9,752,000, or $0.22 per share, for the first quarter of 2010.
