Sirna Q4, 2005 Losses Fall on Lower Operating Costs

Sirna Therapeutics reported this week its financial results for the fourth-quarter and full-year 2005, posting a drop in losses amid lower operating costs.

For the fourth quarter, Sirna's net loss was $5.8 million, or $0.10 per share, versus a year-ago loss of $8.9 million, or $0.23 per share. For 2005, the company's net loss fell to $23.9 million, or $0.48 per share, from $28.9 million, or $0.81 per share.

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