WALTHAM, Mass.--(BUSINESS WIRE)--May 5, 2006--PRAECIS PHARMACEUTICALS INCORPORATED (NASDAQ: PRCS - News) today announced consolidated financial results for the three months ended March 31, 2006. First Quarter 2006 Results. The Company’s net loss for the three months ended March 31, 2006 was approximately $7,052,000, or $0.67 per diluted share, compared to a net loss of approximately $12,345,000, or $1.18 per diluted share, for the three months ended March 31, 2005.
