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14 April 2021 | 09:22am
StockMarketWire.com - Organ transplant diagnostics group Verici Dx posted an inaugural loss since listing last April that included share-based payments to executives and administrative costs.
The company, which has yet to post any revenue, booked a pre-tax loss for the period between 22 April and 31 December of $4.7 million.
Since the end of 2020, Verici Dx said it had expanded the scope of licence agreement with Mount Sinai and accelerated an approval strategy to enable faster commercial launch of leading products. We have been very pleased with the progress of the company in such a short time and our primary focus remains on the successful prosecution of our clinical trials, as the first key step in commercialising our innovative transplant products, chairman Julian Baines said.