April 30, 2018 / 5:53 AM / 5 months ago

BRIEF-RELIEF THERAPEUTICS generates net loss of CHF 1.8 million in 2017

April 30 (Reuters) - RELIEF THERAPEUTICS Holding AG :

* SAID ON FRIDAY GENERATED A NET RESULT OF MINUS CHF 1.8 MILLION IN 2017 COMPARED TO A NET RESULT OF MINUS CHF 7.3 MILLION IN 2016

* DIFFERENCE MAINLY ARISES FROM A REDUCTION OF PERSONNEL AND ADMINISTRATIVE EXPENSES IN 2017 COMPARED WITH 2016

* IMPAIRMENT ON INVESTMENTS WAS RECOGNIZED IN 2016 FOR AN AMOUNT OF CHF 4.4 MILLION IN 2016 COMPARED TO CHF 0 IN 2017

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Further company coverage: (Gdynia Newsroom)

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