DISCOVERY LABS REPORTS FOURTH QUARTER 2005 FINANCIAL RESULTS AND BUSINESS PROGRESS
Discovery Laboratories, Inc. today announced financial results for the fourth quarter and year ended December 31, 2005. The Company will host a conference call Friday, February 24th at 10:00 AM EST. The call in number is 866-332-5218. For the quarter ended December 31, 2005, the Company reported a net loss of $29.4 million, or $0.51 per share, on 57.8 million weighted average common shares outstanding, compared to a net loss of $20.1 million, or $0.42 per share, on 47.2 million weighted average shares outstanding for the same period in 2004.
The Houston Chronicle (http://www.chron.com/disp/story.mpl/conws/3681123.html)