Issue: July 25, 2017
May 31, 2017
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Alimera Sciences reports $6.7 million quarterly net loss
Issue: July 25, 2017
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A first-quarter net loss of $6.7 million was reported by Alimera Sciences, compared with an $11.1 million net loss for the first quarter of 2016.
Operating expenses went down from $14.2 million in 2016’s first quarter to $11.5 million in 2017’s first quarter, according to a press release. Research, development and medical affairs expenses went down approximately 30% to $2.1 million.
Net revenue increased by about 14%, from $5.8 million in 2016 to $6.6 million in 2017. International revenue went up from $1.7 million to $2.2 million, while U.S. revenue increased from $4.1 million to $4.4 million.