Marina Q3 Losses Rise Amid Costs of Restarting Operations | GenomeWeb

NEW YORK (GenomeWeb) – Marina Biotech today announced its third-quarter financial results, posting a surge in its net loss amid spending related to its resumption of operations.

For the three-month period ended Sept. 30, Marina's net loss was $7.1 million, up from $1 million in the year-ago period. The company attributed the rise to debt extinguishment accounting and increased expenses as it attempts to restart its operations.

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