BOSTON (AP) — BOSTON (AP) — Monte Rosa Therapeutics Inc. (GLUE) on Thursday reported a loss of $32 million in its first quarter.
The Boston-based company said it had a loss of 53 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.
The biopharmaceutical company posted revenue of $1.1 million in the period.
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