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Corbus Pharmaceuticals reports 2Q loss

NORWOOD, Mass. (AP) _ Corbus Pharmaceuticals Holdings Inc. (CRBP) on Wednesday reported a loss of $7.3 million in its second quarter.

On a per-share basis, the Norwood, Massachusetts-based company said it had a loss of 15 cents.

The drug developer posted revenue of $350,200 in the period. Its adjusted revenue was $350,000.

Corbus Pharmaceuticals shares have decreased 28 percent since the beginning of the year. The stock has more than doubled in the last 12 months.


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


Keywords: Corbus Pharmaceuticals, Earnings Report