Advancis Pharmaceutical Corp. reported net loss for the first quarter at $7.6 million, narrower than $11.4 million in the year-ago quarter. On a per share basis, loss for the current quarter narrowed to $0.25 from $0.50 in the same quarter last year. Analysts polled by First Call/Thomson Financial expected a loss of $0.29 per share. Trading Markets (http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/241716/)
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The FDA said it “continues to receive a high volume of pre-submissions from industry requesting feedback about the necessary data to support pivotal clinical studies and marketing applications for a wide variety of device designs intended for weight loss.”
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The company said it would employ a third-party testing laboratory, but it didn’t provide a description of the test it would conduct.
