CASI Pharmaceuticals had $10.8M loss in 2017

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Rockville-based biopharmaceutical company CASI Pharmaceuticals reported a net loss of $10.8 million in financial statements released Thursday. Company officials attribute the loss to costs associated with CFDA quality testing in support of CASI’s application for import drug registration of two drugs, offset by less non-cash stock compensation expense during 2017. Despite the loss, CASI Executive ...

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