PALO ALTO, Calif., May 3 /PRNewswire-FirstCall/ -- Telik, Inc. (Nasdaq: TELK - News) reported a net loss of $16.3 million, or $0.31 per share, for the first quarter ended March 31, 2007, compared with a net loss of $20.1 million, or $0.38 per share, for the comparable period in 2006.
