FREMONT, Calif.--(BUSINESS WIRE)--Genitope Corporation (NASDAQ: GTOP) today reported financial results for the second quarter ended June 30, 2007. Financial Results For the second quarter of 2007, Genitope Corporation (“Company”) reported total operating expenses of $16.4 million and a net loss of $17.0 million, or $0.42 per share. This compares to total operating expenses of $13.0 million and a net loss of $11.8 million, or $0.33 per share, for the second quarter of 2006. For the six months ended June 30, 2007, the Company reported total operating expenses of $30.9 million and a net loss of $32.2 million, or $0.85 per share, which compares to total operating expenses of $24.8 million and a net loss of $22.7 million, or $0.66 per share, for the six months ended June 30, 2006.
