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news.AutoImmune has reported a net loss of $56,000, or break even per share basic and diluted, for the three months ended December 31, 2007, compared with a net profit of $36,000, or break even per share basic and diluted, for the three months ended December 31, 2006.
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For the year ended December 31, 2007, the net loss was $118,000, or $0.01 per share basic and diluted, compared with net loss of $481,000, or $0.03 per share basic and diluted for the same period in 2006.
Robert Bishop, CEO of AutoImmune, said: “Product sales at Colloral, our joint venture with Deseret Laboratories, were up from the third quarter, but results were down compared to the fourth quarter of last year.”