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Stellar reports higher revenues but net losses remain steady

By   /   Tuesday, February 5th, 2019  /   Comments Off on Stellar reports higher revenues but net losses remain steady

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Stellar Biotechnologies reported an increase in revenue Feb. 5, but operating expenses also rose, keeping its net losses steady at around $1.41 million for its fiscal first quarter. In the earnings release, the Port Hueneme manufacturer of proteins used in experimental therapies said it had $50,000 in revenue for the quarter ended Dec. 31, up…

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