Idorsia announces financial results for the first quarter 2019
(WorldNews Switzerland)

Allschwil, Switzerland - April 18, 2019 Idorsia Ltd (SIX: IDIA) today announced its financial results for the first quarter of 2019. Key figures US GAAP operating expenses in Q1 2019 at CHF 125 million Non-GAAP operating expenses in Q1 2019 at CHF 117 million Unchanged guidance for 2019: US GAAP operating expenses of around CHF 570 million and non-GAAP operating expenses of around CHF 530 million (both measures exclude any potential milestone payments) Jean-Paul Clozel, MD and Chief Executive Officer, commented: `Our focus in 2019 must be on delivering on our strategic priorities by advancing at full steam with our key clinical activities. This will enable us to begin reading out late stage...