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Galectin Therapeutics Loss Narrows - Quick Facts

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8/10/2012 4:13 PM ET

Galectin Therapeutics Inc. (GALT: Quote) Friday reported second quarter net loss to common shares of $3.0 million or $0.19 per share, compared with a net loss of $3.9 million or $0.34 per share last year.

Research and development expense for the quarter was $1.2 million, compared with $1.3 million a year ago. Other expenses decreased to $1.5 million from $1.7 million in the prior year.

The company did not record any revenues for the quarter, as in the prior year.

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by RTT Staff Writer

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