GTx, Inc. Provides Corporate Update and Reports Third Quarter 2011 Financial Results

MEMPHIS, Tenn.--(BUSINESS WIRE)--GTx, Inc. (Nasdaq: GTXI) today reported financial results for the third quarter of 2011. The net loss for the quarter ended September 30, 2011 was $9.3 million compared with a net loss of $8.6 million for the quarter ended September 30, 2010, reflecting increased research and development costs in connection with the Company’s Ostarine™ and Capesaris™ clinical development programs.
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