IntelGenx Technologies Corp (IGXT): 3rd qtr. operating expenses were $1,731,...

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IntelGenx Technologies Corp (IGXT)

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Thursday, 12/01/2016 10:14:03 AM

Thursday, December 01, 2016 10:14:03 AM

3rd qtr. operating expenses were $1,731,000 and should be similar in qtr.4. Est. amortized revenue from upfront payments received to date should be about $640,000 w/o plus any cash for the new Chemco deal, which is probably $100K for 4th qtr.. The Korean deal may add another $100k at best, but still a loss for 4th qtr..If those numbers hold up the loss for the 4th qtr. will be around $991,000 or 1.5 cents per share.

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Recent IGXT News

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