March 27, 2017
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Imprimis reports $19 million net loss in 2016
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Imprimis Pharmaceuticals reported a net loss of $19 million, or $1.50 per common share, in 2016 compared with a net loss of $15.9 million, or $1.66 per common share, in 2015, according to a company press release.
Total revenue for the year was up 105% from 2015 to $19.9 million, and ophthalmology-related sales were up 200% to $11 million.
In the fourth quarter, the company reported a net loss of $6.1 million compared with a net loss of $5.1 million in the same period of 2015.
Revenue in the fourth quarter was $5.8 million, an increase of 65% from 2015’s fourth quarter revenue of $3.5 million.