BRISBANE, Calif.--(BUSINESS WIRE)--Tercica, Inc. (Nasdaq:TRCA) today announced financial results for the quarter ended March 31, 2007. Net product sales totaled $1.1 million, compared with $85,000 in the first quarter of 2006. Net loss for the quarter was $12.4 million, or $0.25 per share, compared to a net loss of $14.3 million, or $0.40 per share, for the first quarter of 2006.