Isis Q4 Losses Drop on Higher Revenues; Nastech Losses Rise After Failed Alliance | GenomeWeb
Isis Pharmaceuticals last week reported a sharp drop in its net loss for 2007 despite higher operating expenses as the company experienced a strong increase in collaboration-related revenues.
 
Given the revenue jump, the antisense drug developer projected that it would finish 2008 with more than $450 million in cash, giving it resources enough to last at least five years.
 

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