Threshold Pharmaceuticals, Inc. Reports Second Quarter 2011 Financial and Operational Results

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Threshold Pharmaceuticals, Inc. (Nasdaq:THLD), today reported financial results for the second quarter ended June 30, 2011. The net loss for the second quarter and six months ended June 30, 2011 was $7.9 million and $16.3 million, respectively. As of June 30, 2011, Threshold had $31.5 million in cash, cash equivalents and marketable securities, with no debt outstanding.
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