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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.

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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

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Keywords: Corbus Pharmaceuticals, Earnings Report