Nymox Pharmaceutical Reports 2011 Financial Results

HASBROUCK HEIGHTS, N.J., March 15, 2012 (GLOBE NEWSWIRE) -- Nymox Pharmaceutical Corporation (Nasdaq:NYMX) announced today its financial results for the year ended December 31, 2011 prepared in accordance with International Financial Reporting Standards. Nymox reported a net loss of $9,652,389, or $0.30 per share for the year ended December 31, 2011, compared to $6,536,313, or $0.20 per share for same period in 2010. The increase of the net loss for the year is attributable primarily to stock-based compensation charges which were $4,005,404 in 2011 compared to $478,865 in 2010. The weighted average number of common shares outstanding for the year ended December 31, 2011 was 32,711,431, compared to 31,940,584 for the same period in 2010.
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