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Anthera Pharma Q1 net loss widens

Anthera Pharmaceuticals has reported net loss of $18.57m for the first quarter ended 31 March 2011, compared to $11.1m for the same period in 2010.

The company’s loss from operations was $18.67m, compared to $6.47m for the same period last year.

Total operating expenses for the first quarter ended 31 March 2011 were $18.7m, as compared to $6.5m for the same period in 2010.

Anthera Pharmaceuticals is a biopharmaceutical company engaged in developing and commercializing products to treat serious diseases associated with inflammation, including cardiovascular and autoimmune diseases.