Monday, May 9, 2011

Affymax Q1 loss widens to $9.6 million

Affymax Inc. on Monday reported a first quarter loss of $9.6 million, widened from a loss of $7.9 million in the same period last year.
Palo Alto-based Affymax (NASDAQ:AFFY) had revenue of $16.7 million, about half the year-ago quarter's $34.7 million.

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