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Corbus Pharmaceuticals: 1Q Earnings Snapshot

NORWOOD, Mass. (AP) _ Corbus Pharmaceuticals Holdings Inc. (CRBP) on Thursday reported a loss of $11.7 million in its first quarter.

The Norwood, Massachusetts-based company said it had a loss of 21 cents per share.

The drug developer posted revenue of $950,400 in the period. Its adjusted revenue was $950,000.

Corbus Pharmaceuticals shares have decreased roughly 10 percent since the beginning of the year. The stock has risen nearly 7 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRBP at https://www.zacks.com/ap/CRBP