Aerie reports net loss of $18.8 million for second quarter
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Aerie Pharmaceuticals reported a GAAP net loss of $18.8 million, or $0.73 per share, in the second quarter compared with $11.8 million, or $0.49 per share, in the same quarter of 2014, according to a press release.
The net loss included $18.1 million in operating expenses, which reflected $10.6 million in research and development expenses and $7.5 million in general and administrative expenses. Operating expenses were reported at $9.4 million in the same quarter of 2014.
The increase in operating expenses was primarily attributed to increased clinical activities for Rhopressa, increased non-clinical activities for Roclatan and growth in company operations.