SAN DIEGO (AP) _ Cidara Therapeutics Inc. (CDTX) on Wednesday reported a loss of $17.3 million in its first quarter.
The San Diego-based company said it had a loss of 46 cents per share.
The biopharmaceutical company posted revenue of $2.5 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $3.20. A year ago, they were trading at $2.01.