WOBURN, Mass.--(BUSINESS WIRE)--July 27, 2006--ArQule, Inc. (NASDAQ: ARQL - News) today announced its financial results for the second quarter of 2006. For the quarter ended June 30, 2006, the Company reported a net loss of $7,575,000 or $0.21 per share, compared with a net loss of $2,427,000, or $0.07 per share, for the second quarter of 2005. For the six-month period ended June 30, 2006, the Company reported a net loss of $3,288,000, or $0.09 per share, compared to a net loss of $3,871,000, or $0.11 per share, for the six-month period ended June 30, 2005.
