SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Wednesday reported a loss of $9.1 million in its first quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of $1.66.
The biotech drug developer posted revenue of $5.8 million in the period.
Assembly Biosciences shares have increased 31% since the beginning of the year. The stock has risen almost 3% in the last 12 months.
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