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Biotech / Medical : Aurora Biosciences (ABSC)

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To: Richard Haugland who wrote (94)5/16/1998 3:48:00 PM
From: Richard Haugland  Read Replies (1) of 359
 
ABSC Quarterly Report

sec.yahoo.com

Although the Company reported a small net income in 1997, the $3.7 million net loss in the first quarter of 1998 reflects the Company's expectation that substantial expenditures will be made in 1998 to accelerate the development of UHTSS technology. Accordingly, the Company does not expect to be profitable in 1998.
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