Skip to main content
Premium Trial:

Request an Annual Quote

RXi Q1 Loss Up on Slightly Higher Expenses

Premium

NEW YORK (GenomeWeb) – RXi Pharmaceuticals this week reported a slight increase in its first-quarter net loss on modestly higher costs.

For the three-month period ended March 31, 2014, RXi's net loss was $2.3 million, up from $2.1 million in the year-ago quarter. The first-quarter 2013 loss does not include the impact of a one-time charge of $12.3 million related to the company's acquisition of Opko Health's RNAi assets.

Research and development spending in the quarter was $1.5 million, essentially flat with the first quarter a year earlier, excluding the one-time Opko charge. Meantime, general and administrative costs rose to $800,000 from $700,000.

At the end of the first quarter, RXi had cash and cash equivalents totaling $12 million.

The Scan

J&J Booster Support

A US Food and Drug Administration advisory panel has voted to support a booster dose of Johnson & Johnson's SARS-CoV-2 vaccine, according to the Los Angeles Times.

To Keep the Cases Moving

The president of the UK Royal College of Pathologists tells the Financial Times that more investment is needed to tackle a backlog of cases.

NAS Expels Archaeologist

Science reports Luis Jaime Castillo Butters' expulsion is the first of an international member from the US National Academy of Sciences.

PLOS Papers on Angelman Syndrome-Like Cases, Salmonella Paratyphi A, SARS-CoV-2 in Brazil

In PLOS this week: exome sequencing analysis of Angelman syndrome-like cases, genetic epidemiology of Salmonella Paratyphi A, and more.