Inovio Pharma shares fall on Q1 miss

This article was originally published here

Shares in Inovio Pharmaceuticals (NSDQ:INO) have fallen today after the biotech company missed expectations on Wall Street with its first quarter earnings results.

The Plymouth Meeting, Penn.-based company posted losses of $32.4 million, or 36¢ per share, on sales of $1.5 million for the three months ended March 31, seeing losses grow 40.1% while sales shrunk 85.3% compared with the same period during the previous year.

Read the whole story on our sister site, Drug Delivery Business

The post Inovio Pharma shares fall on Q1 miss appeared first on MassDevice.

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