Cytogen net loss widens in Q2 despite revenue gains

Pharmaceutical firm Cytogen reported second-quarter revenues of $2.8 million, up 16% from the $2.4 million posted in the same period last year. For the quarter (end-June 30), the Princeton, NJ-based vendor had a net loss of $3.1 million, compared with a net loss of $2.4 million in the second quarter of 2000. Among the bright spots, product sales from OncoScint, ProstaScint, and BrachySeed turned in revenues of $2 million, up 22% from the $1.6 million posted in the second quarter of 2000.

By AuntMinnie.com staff writers
August 7, 2001

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