HASBROUCK HEIGHTS, N.J., Nov. 12, 2010 (GLOBE NEWSWIRE) -- Nymox Pharmaceutical Corporation (Nasdaq:NYMX) announced today its financial results for the third quarter of 2010. Nymox reported a net loss of $1,760,474, or $0.05 per share for the quarter and $4,775,822, or $0.15 per share for the nine months ended September 30, 2010, compared to $1,362,840, or $0.04 per share for the quarter and $3,587,251, or $0.12 per share for the nine months ended September 30, 2009. Net losses include stock compensation charges of $262,900 for the quarter and $703,365 for the nine months ending September 30, 2010, and $322,808 and $881,344 respectively for the same periods in 2009. The increase in net losses is attributable to higher clinical trial expenditures compared to 2009. Product sales amounted to $378,307 for the nine months ending September 30, 2010, compared to $248,471 for the same period in 2009. Sales to new clients explain the increase. The weighted average number of common shares outstanding for the nine months ended September 30, 2010 was 31,768,510 compared to 30,570,732 for the same period in 2009.
